Exodus Q2 FY26 swings to net loss of USD 18.6 million; revenue rises 2% to USD 26.2 million
Reuters2026/08/10 20:38Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Exodus reported Q2 2026 revenue of USD 26.2 million, up 2% from a year earlier.
- Net results swung to a loss of USD 18.6 million from a profit a year earlier, while general and administrative expense more than doubled to USD 44.7 million.
- Adjusted EBITDA loss widened to USD 6.7 million from a USD 2.3 million loss a year earlier.
- Monthly active users fell 6.7% from Q1 to 1,400,000, while total swap volume slipped 8.3% to USD 1.1 billion.
- Results included contributions from Monavate and Baanx from May 1, 2026; CEO JP Richardson called the deal the company’s most strategic acquisition.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Exodus Movement Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608101610PRIMZONEFULLFEED9807182) on August 10, 2026, and is solely responsible for the information contained therein.
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