Streamex

Q2 FY2026 EarningsQ2 FY26 missed consensus estimates significantly across key bottom-line metrics, reporting a GAAP net loss of $14.6M compared to the $3.4M loss expected. Revenue of $0.15M (gold lease income) fell short of the $0.3M consensus mean, while a massive increase in stock-based compensation ($7.1M) and depreciation from recent acquisitions weighed heavily on margins. Despite eliminating $50M in convertible debt earlier in the year, the company continues to rely on asset monetization and equity offerings to fund its strategic pivot to digital commodity infrastructure.