---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-033631"
form_type: "8-K"
ticker: "EXOD"
cik: "0001821534"
company_name: "Exodus Movement, Inc."
filed_at: "2026-05-11T20:53:55+00:00"
generated_at: "2026-05-11T20:56:47.363559+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-033631
- form_type: 8-K
- ticker: EXOD
- cik: 0001821534
- company_name: Exodus Movement, Inc.
- filed_at: 2026-05-11T20:53:55+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821534/000162828026033631/0001628280-26-033631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821534/000162828026033631/exod-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-033631
- JSON: https://secwatch.observer/filing/0001628280-26-033631.json
- Plain text: https://secwatch.observer/filing/0001628280-26-033631.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821534/000162828026033631/0001628280-26-033631-index.htm

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