Upexi, Inc. (UPXI) FY2026 earnings

Reported results

• Total revenue approximately $25.0 million for fiscal year ended June 30, 2026, compared to $15.8 million for fiscal year ended June 30, 2025
• Digital asset revenue totaled $17.4 million (GAAP)
• General and administrative expenses were $26.4 million, compared to $11.9 million in prior year
• Net loss totaled $246.1 million, or $3.87 per share (GAAP), compared to net loss of $13.7 million, or $1.73 per share for fiscal 2025
• Cash totaled $5.8 million as of June 30, 2026, up approximately 94% from June 30, 2025
• Solana treasury totaled approximately 2.34 million SOL as of June 30, 2026, with average purchase price of $154 per SOL; approximately 95% of SOL held was staked

Guidance

• Company expects staking revenue to exceed ongoing cash operating expenses beginning with the current quarter (subsequent to year-end)

Notes

Net loss was primarily driven by $195.1 million of unrealized losses on digital assets. As of September 15, 2026, the Company had 82,102,474 shares of common stock outstanding. Subsequent to fiscal year-end, the Company amended its credit facility with BitGo Prime, LLC, reducing the interest rate from 11.5% to 7.5% per year.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-17 (8-K, Item 2.02). Read the original filing on sec.gov.