Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top-line, with revenue of $26.2M vs. $30.1M expected, driven by a decline in Web3 exchange volumes. While the acquisition of Monavate and Baanx contributed $5.0M in new Payment Processing revenue, it was offset by a YoY decline in core Web3 services. GAAP EPS of -$0.62 missed the -$0.24 mean estimate due to $26.7M in transaction-related expenses and digital asset losses, although a $20.4M gain on debt extinguishment provided a partial offset. Management announced a 25% workforce reduction in July 2026 to align the cost structure for FY27.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Exodus Movement(EXOD) the Revenue is 26.2 M (+1.44%), Miss estimate;the EBIT is -45.8 M (-197.9%), Miss estimate;the EPS is -0.62 (-155.4%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.03B1.44%
0.03B16.58%
-0.00B15.14%
EBITMiss expectations
-0.05B197.90%
-0.01B121.47%
-0.04B76.43%
EPSMiss expectations
-0.62155.36%
-0.24121.43%
-0.380033.93%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf