earnings
confidence high
sentiment negative
materiality 0.70
Exodus Q2 net loss $18.6M vs prior-year $37.7M income; revenue flat at $26.2M
Exodus Movement, Inc.
- Q2 2026 revenue $26.2M, up 2% YoY; net loss $18.6M vs $37.7M income in Q2 2025.
- Adjusted EBITDA loss $6.7M vs $2.3M loss prior year; G&A up 138% to $44.7M.
- Completed Monavate/Baanx acquisition (May 1, 2026); 1.1M active cards, $0.6B card volume in Q2.
- MAUs 1.4M (-6.7% QoQ); QFUs 1.3M (-7.1% QoQ); swap volume $1.1B (-8.3% QoQ).
- Became inaugural Official Payments Partner of UFC; added DGO/SKY+ stablecoin payment partnerships.