DevvStream Corp. 3Q 2026: Revenue $720 Net income ($6.2M), EPS ($0.64) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.DevvStream Corp. reported Q3 2026 results with revenue plummeting 92.9% to $720 and a net loss of $6.2M, reversing prior year profits. The company is shifting strategy toward cryptocurrency treasury operations, including Bitcoin and Solana staking, alongside its carbon-credit business. Key developments include closing its De-SPAC transaction, NASDAQ listing, and securing term sheets for decarbonization infrastructure investments.
DevvStream Corp. reported third-quarter 2026 results showing a sharp year-over-year decline in revenue and a swing to a net loss as the company shifted strategy toward a cryptocurrency treasury and staking operations alongside its carbon-credit business.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $720 | $10.16K | (92.9%) |
| Net income² | ($6.2M) | $3.52M | (275.9%) |
| Diluted EPS³ | ($0.64) | $1.21 | (152.9%) |
¹ Reported as “Revenue”. ² Reported as “Net income (loss)”. ³ Reported as “Income (Loss) per share – Diluted”.
Business Highlights
- Revenue declined sharply year-over-year, with lower quarterly sales and negative gross profit pressures on core offset sales.
- Company is transitioning capital allocation toward a cryptocurrency treasury strategy and staking (including Bitcoin and Solana) alongside its carbon credit portfolio and project development activities.
- Advanced strategic partnerships and financing structures, including an SPV term sheet with Fayafi and a binding term sheet with EEME, to scale investments in decarbonization infrastructure.
- Operationally, DevvStream closed its De-SPAC transaction, began NASDAQ trading, launched digital treasury operations and initiated crypto purchases and staking.
- Continued project investments and development efforts include acquisitions and project management for EV charging and token-based collaborations with Devvio.
Original SEC Filing: DevvStream Corp. [ DEVS ] - 10-Q - Jun. 15, 2026