Upexi, Inc. (UPXI) Financial Statements
Industry: Finance Services
In fiscal 2026, Upexi reported revenue of $25.0M, up 58.1% from $15.8M the year before. Net income was -$246.1M (a -984.3% net margin), or -$3.87 per diluted share. Gross margin was 89.5% and operating margin was -963.5%. Operating activities generated -$21.0M of cash, leaving -$21.0M of free cash flow. At fiscal year end, Upexi held $180.1M in total assets against $233.9M in total liabilities.
Open the full interactive Upexi financials → Quarterly statements, key ratios, valuation history and price charts.
Upexi Key Stats
| Share Price | $1.08 |
|---|---|
| Market Cap | $68.6M |
| Revenue YoY Growth | +58.1% |
| 52-Week Range | $0.56 – $6.48 |
| Shares Outstanding | 63.5 million (basic, 2026 Q4) |
Upexi Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $24.1M | $44.6M | $80.7M | $26.0M | $15.8M | $25.0M |
| Gross Profit | $11.9M | $25.2M | $33.6M | $12.8M | $10.9M | $22.4M |
| Operating Income | $1.4M | -$2.7M | -$7.6M | -$22.5M | -$12.5M | -$240.8M |
| Pre-Tax Income | $1.7M | -$2.6M | -$18.5M | -$25.6M | -$13.7M | -$246.1M |
| Income Tax | $1.3M | $518,398 | $3.0M | $332,101 | $0 | $0 |
| Net Income | $3.0M | -$2.0M | -$17.5M | -$23.7M | -$13.7M | -$246.1M |
| Diluted EPS | $4.20 | -$2.60 | -$19.20 | -$23.03 | -$1.73 | -$3.87 |
Upexi Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $9.2M | $8.1M | $4.6M | $3.1M |
| Net Income | $66.7M | -$178.9M | -$109.3M | -$24.5M |
| Diluted EPS | $0.76 | -$2.94 | -$1.67 | -$0.39 |
Upexi Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $14.5M | $7.1M | — | — | — | — |
| Current Assets | $18.3M | $17.1M | $25.5M | $11.4M | $56.8M | $116.8M |
| Total Assets | $27.3M | $48.5M | $63.9M | $23.5M | $123.8M | $180.1M |
| Current Liabilities | $5.8M | $10.1M | $19.6M | $12.7M | $32.6M | $71.1M |
| Total Long-Term Debt | — | $14.3M | $27.7M | $3.2M | — | $181.9M |
| Total Liabilities | $6.0M | $19.7M | $36.0M | $17.0M | $33.7M | $233.9M |
| Shareholders' Equity | $21.2M | $28.8M | $27.8M | $6.5M | $90.1M | -$53.8M |
Upexi Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.9M | $521,872 | $202,676 | -$101,377 | -$8.4M | -$21.0M |
| Cash From Investing | -$1.3M | -$11.6M | -$2.6M | -$3.4M | -$99.3M | -$30.6M |
| Cash From Financing | $12.0M | $3.7M | -$285,333 | -$353,789 | $110.0M | $54.4M |
| Free Cash Flow | $1.5M | -$5.6M | -$734,888 | -$1.0M | -$8.8M | -$21.0M |
Figures from Upexi's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Upexi financials page for every line item.
Upexi Company Profile
| Ticker | UPXI |
|---|---|
| Exchange | Nasdaq |
| Industry | Finance Services |
| Headquarters | Tampa, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | June 30 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001775194 |
Frequently Asked Questions
What was Upexi's revenue in fiscal 2026?
Upexi (UPXI) reported revenue of $25.0M for fiscal 2026.
What is Upexi's annual revenue history?
Upexi's annual revenue by fiscal year: 2021: $24.1M; 2022: $44.6M; 2023: $80.7M; 2024: $26.0M; 2025: $15.8M; 2026: $25.0M.
What was Upexi's net income in fiscal 2026?
Upexi reported net income of -$246.1M for fiscal 2026.
What was Upexi's earnings per share (EPS) in fiscal 2026?
Upexi's diluted EPS was -$3.87 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Upexi generate in fiscal 2026?
Upexi generated -$21.0M of free cash flow in fiscal 2026.
What was Upexi's revenue last quarter?
In its most recent reported quarter (2026 Q4), Upexi reported revenue of $3.1M.
How much debt does Upexi have?
Upexi reported $181.9M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Upexi are outstanding?
Upexi reported a weighted average of 63.5 million basic shares outstanding in 2026 Q4.
What is Upexi's market cap?
Based on its latest closing price, Upexi (UPXI) has a market capitalization of about $68.6M.
When does Upexi's fiscal year end?
Upexi's fiscal year end, as registered with the SEC, is June 30.
Where is Upexi headquartered?
Upexi lists its business address in Tampa, Florida in its SEC filings.