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AI brief of an SEC Form 8-K · Exodus Movement, Inc. (EXOD)

Exodus Q3 2026 revenue rises 7% to $32.5 million; net loss of $8.3 million

Mixed Impact 3 of 5 earnings

Exodus Movement reported third quarter 2026 revenue of $32.5 million, up 7% from $30.3 million a year earlier, but swung to a net loss of $8.3 million attributable to the company from net income of $17.0 million in the prior-year quarter. General and administrative expenses rose 94% to $28.9 million, and the company said it expects to cut combined annual costs by about $30 million going into 2027 following the Monavate and Baanx acquisitions.

Key points

  • Q3 2026 revenue was $32.5 million, up 7% from $30.3 million in Q3 2025
  • Net loss attributable to Exodus was $8.3 million, versus net income of $17.0 million a year earlier
  • Adjusted EBITDA was a loss of $3.9 million, compared with positive $5.9 million in Q3 2025
  • Exodus is on track to reduce combined annual costs by about $30 million going into 2027

The filing

CompanyExodus Movement, Inc. (EXOD)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:58 PM ET
Accession number0001628280-26-072297

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 5:16 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.