Upexi, Inc. income statement
In fiscal 2026, Upexi, Inc. reported revenue of $25.0m, up 58.1% on the year before, operating income of −$241m (a -963.5% margin) and net income of −$246m, or −$3.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 7 | 24 | 23 | 36 | 26 | 16 | 25 |
| Cost of revenue | 5 | 12 | 8 | 15 | 13 | 5 | 3 |
| Gross profit | 3 | 12 | 15 | 21 | 13 | 11 | 22 |
| Selling and marketing | 1 | 2 | 5 | 6 | 6 | 4 | 3 |
| General and administrative | 6 | 6 | 9 | 7 | 7 | 12 | 26 |
| Operating income | −5 | 1 | −6 | −12 | −22 | −12 | −241 |
| Interest expense | — | 0 | 0 | — | 0 | 0 | 0 |
| Net interest income | 0 | 1 | −0 | −5 | −3 | −1 | — |
| Income before tax | −5 | 2 | −6 | −17 | −26 | −14 | −246 |
| Income tax | 0 | 1 | 1 | 3 | −0 | 0 | 0 |
| Net income | −5 | 3 | −2 | −17 | −24 | −14 | −246 |
| Diluted EPS | −$0.17 | $0.07 | −$0.13 | −$0.30 | −$0.36 | −$0.22 | −$3.87 |
| Diluted shares (average) | 32m | 46m | 52m | 57m | 66m | 63m | 64m |
| EBITDA | −4 | 2 | −4 | −9 | −19 | −12 | −240 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 4 | 3 | 4 | 9 | 8 | 5 | 3 |
| Cost of revenue | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 0 |
| Gross profit | 3 | 3 | 2 | 3 | 8 | 7 | 4 | 3 |
| Selling and marketing | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| General and administrative | 1 | 2 | 3 | 6 | 9 | 6 | 5 | 7 |
| Operating income | −1 | −1 | −4 | −7 | 69 | −175 | −107 | −28 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net interest income | −0 | −0 | −0 | −0 | −3 | −4 | — | — |
| Income before tax | −2 | −1 | −4 | −7 | 67 | −179 | −109 | −25 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −1 | −4 | −7 | 67 | −179 | −109 | −25 |
| Diluted EPS | $1.55 | −$1.24 | −$2.87 | $4.19 | $0.76 | — | −$1.67 | −$0.21 |
| EBITDA | −1 | −1 | −3 | −6 | 69 | −175 | −107 | −28 |
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