{"id":1019165,"date":"2026-11-09T18:37:36","date_gmt":"2026-11-09T23:37:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/exodus-reports-third-quarter-2026-results\/"},"modified":"2026-11-09T18:37:36","modified_gmt":"2026-11-09T23:37:36","slug":"exodus-reports-third-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/exodus-reports-third-quarter-2026-results\/","title":{"rendered":"Exodus Reports Third Quarter 2026 Results"},"content":{"rendered":"
\n

\n Exodus advances consumer and enterprise payments strategy.<\/em>\n <\/p>\n

\n Third Quarter 2026 Revenue of $32.5 million.<\/em>\n <\/p>\n

OMAHA, Neb., Nov. 09, 2026 (GLOBE NEWSWIRE) — Exodus Movement, Inc.<\/strong> (NYSE American: EXOD) (“Exodus”), a leading self-custodial finance and payments platform, today announced its unaudited results for the third quarter ended September\u00a030, 2026.<\/p>\n

“This quarter, we made substantial progress bringing Exodus, Monavate and Baanx together, combining our teams and simplifying how we operate,” said JP Richardson, CEO of Exodus. “We are building toward a financial system where anyone can receive money, invest it and spend it as easily as they send a message, while retaining control of their assets. Exodus started by giving people control over their crypto. Through Exodus Wallet and XO Suite, the enterprise platform we are building, we are extending that foundation into everyday financial activity, both in our own app and other companies’ products. As AI agents begin to transact on behalf of people and businesses, they will need that same infrastructure, with clear permissions and spending limits. Our goal is to make Exodus a foundation for how people, businesses, and their agents use money.”<\/p>\n

\n Third <\/strong>
\n Quarter 2026 Financial Highlights (Unaudited):<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n (In USD millions, except percentages)<\/em>\n <\/td>\n\u00a0<\/td>\n\n Q3 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\n
\n % Change<\/em>
\n <\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Revenue<\/strong>\n <\/td>\n\u00a0<\/td>\n\n $<\/strong>
\n 32.5<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n $<\/strong>
\n 30.3<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 7<\/strong>
\n %<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Digital asset services expenses<\/td>\n\u00a0<\/td>\n12.5<\/td>\n\u00a0<\/td>\n12.4<\/td>\n\u00a0<\/td>\n1%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Partnership expenses<\/td>\n\u00a0<\/td>\n3.1<\/td>\n\u00a0<\/td>\n4.6<\/td>\n\u00a0<\/td>\n(32)%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Payment processing expenses<\/td>\n\u00a0<\/td>\n9.5<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n*<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
General and administrative<\/td>\n\u00a0<\/td>\n28.9<\/td>\n\u00a0<\/td>\n14.9<\/td>\n\u00a0<\/td>\n94%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n NET (LOSS) INCOME ATTRIBUTABLE TO EXODUS MOVEMENT, INC.<\/strong>\n <\/td>\n\u00a0<\/td>\n\n $<\/strong>
\n (8.3<\/strong>
\n )<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n $<\/strong>
\n 17.0<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n (149<\/strong>
\n )%<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

\n * Percentage variances not considered meaningful.<\/sup>\n <\/p>\n

\n Monavate Integration Update<\/strong>\n <\/p>\n

As a product of the Company’s cost savings initiatives and capitalizing on synergies from the acquisition of Monavate Holdings Limited, Monavate Ltd., Baanx.com Ltd, and Baanx US Corp., Exodus is on track to reduce combined annual costs by approximately $30 million going into 2027. These cost reductions enhance Exodus’ operating leverage and provide greater financial flexibility to reinvest in strategic growth initiatives, including product innovation and expansion into new markets.<\/p>\n

\n Third Quarter Operational and Other Financial Highlights<\/strong>\n <\/p>\n