Exodus Q1 revenue $22.7M, down 37% YoY; net loss widens to $32.1M

Exodus Movement, Inc.

Revenue $22.7M vs $36.0M in Q1 2025, down 37% YoY.
Net loss $(32.1)M vs $(12.9)M loss a year ago, a 149% increase.
Loss on digital assets net $36.4M vs $28.8M in the prior year.
Exchange processed volume $1.18B in Q1, down 22% from Q4 2025.
Closed acquisition of Monavate and Baanx on May 1, 2026; terms not disclosed.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Exodus Movement, Inc. reported first quarter ended March 31, 2026 results: revenue $22.7 million, net income $(32.1).

Period: first quarter ended March 31, 2026
Revenue: $22.7 million
Net income: $(32.1)
Result: preliminary results

Exact text from the filing

set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- May 11, 2026 Exodus Reports Preliminary First Quarter 2026 Results First Quarter 2026 Revenue of $22.7 million Announces closing of acquisition of Monavate and Baanx OMAHA, Neb., May 11, 2026 (GLOBE NEWSWIRE) – Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading

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Source: SEC EDGAR

accession 0001628280-26-033631

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