---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-029127"
form_type: "8-K"
ticker: "EXOD"
cik: "0001821534"
company_name: "Exodus Movement, Inc."
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:21:31.783694+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Exodus Q1 prelim revenue $22.7M, down 37% YoY; net digital asset loss $36.4M

## Summary
- Revenue $22.7M vs $36.0M in Q1 2025, a 37% decline.
- Net loss on digital assets of $36.4M driven by market price movements.
- Exchange volume $1.18B, down 22% from Q4 2025; quarterly funded users down 18% to 1.4M.
- April 2026 launched Exodus Pay in all 50 states; acquiring Monavate.
- Cash and digital assets $122.6M; Bitcoin holdings 628 BTC valued at $42.8M.

## SEC filing metadata
- accession: 0001628280-26-029127
- form_type: 8-K
- ticker: EXOD
- cik: 0001821534
- company_name: Exodus Movement, Inc.
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821534/000162828026029127/0001628280-26-029127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821534/000162828026029127/exod-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-029127
- JSON: https://secwatch.observer/filing/0001628280-26-029127.json
- Plain text: https://secwatch.observer/filing/0001628280-26-029127.txt

## Key facts
- Earnings Releases
  Exodus Movement, Inc. reported the first quarter ended March 31, 2026 results: revenue approximately $22.7 million.
  - Period: the first quarter ended March 31, 2026
  - Revenue: approximately $22.7 million
  - Result: preliminary results
  source text: Exodus Reports Preliminary First Quarter 2026 Results First Quarter 2026 Revenue of $22.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821534/000162828026029127/0001628280-26-029127-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.