SUI Group swings to $47.7 million Q3 net income on digital asset gains
SUI Group Holdings reported third-quarter 2026 net income of $47.7 million, or $0.59 per diluted share, compared with a net loss of $44.3 million a year earlier. The result was driven mainly by $82.7 million in unrealized gains on digital assets, while revenue fell, and the company's revenue and other income excluding investment gains and losses was $557,000 against $2.6 million a year earlier.
Key points
- Q3 2026 net income was $47.7 million ($0.59 per diluted share), versus a net loss of $44.3 million ($0.72 per share) in Q3 2025.
- Digital asset results included $82.7 million in net unrealized gains and $28.0 million in realized losses, which the company said mainly reflect U.S. GAAP treatment and SUI's market price.
- Total revenue and other income excluding investment gains and losses fell to $557,000 from $2.6 million, mainly due to lower legacy loan income and lower SUI staking revenue.
- As of November 2, 2026, the company held 109,290,995 SUI, including 6,000,000 SUI loan receivables, and reported an mNAV of 0.72x.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
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.