Upexi (UPXI) earnings
Upexi earnings: last reported Thu, 17 Sep 2026, for the quarter ended Jun 2026.
Upexi earnings callsUpexi earnings calls (UPXI)
Upexi, Inc. Q4 FY26 — Solana Treasury Strategy Progress Amidst Subdued Market
What went well
- Cash position increased to $5.8 million as of June 30th, up 65% from the prior quarter end.
- Extinguished roughly $20 million in debt in June, followed by refinancing credit facility from 11.5% to 7.5% interest post-quarter end.
- Successfully completed efficiency initiative, reducing full-time employees from 59 a year ago to just 10 today.
What to watch
- Net loss for FY26 was $246.1 million, or $3.87 per share, compared to a net loss of $13.7 million, or $1.73 per share, in FY25.
- Incurred $195.1 million in unrealized losses on digital assets for the year ended June 30th, 2026.
Performance −79.7% 1Y
1Y: $5.62 on 29 Sept 2025 → $1.14. High $7.7 (6 Oct 2025), low $0.57 (23 Feb 2026).
Quarterly results
Q2 FY26: revenue down 26.6%, net profit down 254.4% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 4 | 3 | 4 | 9 +112% | 8 +101% | 5 +44% | 3 −27% |
| EBITDA | -1 | -1 | -4 | -7 | 69 +5280% | -175 −16240% | -107 −2877% | -28 −328% |
| Net profit | -2 | -1 | -4 | -7 | 67 +4206% | -179 −13650% | -109 −2754% | -25 −254% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|
| Equity capital | $15.3K | $16.7K | $1.0K | $1.0K | $383 | $787 |
| Reserves | -$4.17M | -$6.27M | -$23.20M | -$46.86M | -$60.54M | -$306.61M |
| Total liabilities | $6.04M | $19.70M | $35.96M | $17.00M | $33.71M | $233.93M |
| Fixed assets | $2.83M | $7.34M | $2.83M | $2.36M | $2.05M | $208.0K |
| Total assets | $27.25M | $48.49M | $63.80M | $23.51M | $123.81M | $180.12M |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
No filings in the last 12 months.
No officer, director or 10% owner of UPXI filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.