Exodus Q2 FY26 swings to net loss of USD 18.6 million; revenue rises 2% to USD 26.2 million
Reuters2026/08/10 20:38- 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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