secwatch.observer — SEC 8-K summary
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Issuer:     Exodus Movement, Inc. (EXOD)
CIK:        0001821534
Form:       8-K
Filed at:   2026-08-10T20:20:23+00:00
Accession:  0001628280-26-055258
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exodus Q2 net loss $18.6M vs prior-year $37.7M income; revenue flat at $26.2M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821534/000162828026055258/0001628280-26-055258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821534/000162828026055258/exod-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-055258

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer