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.

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