Exodus said in its November 9, 2026 third-quarter report that revenue rose about 7% from a year earlier to $32.5 million, but it posted an $8.3 million net loss, compared with a roughly $17 million profit a year earlier. Management cited higher general and administrative spending among the pressures on the quarter; the source does not establish that spending as the sole cause of the loss.
The company reported about 1.4 million monthly active users, 1.4 million quarterly funded users and $1.1 billion in quarterly swap volume. The user measures may overlap and cannot be added to count distinct customers; swap volume is not revenue or profit. Exodus also described an expansion into card and payment services involving Baanx and Monavate, but the source does not establish whether those plans will generate returns that exceed their costs.
