Upexi reported revenue of $4.56M and net income of -$109.34M for the quarter ended Mar 2026, up 44.2% year over year. This income statement covers 24 quarters of results from Jun 2020 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 10.65M | 3.87M | 4.98M | 4.43M | 9.78M | 11.22M | 26.74M | 21.88M | -19.84M | 8.27M | 7.46M | 5.22M | 5.04M | 4.36M | 4.01M | 3.16M | 4.29M | 9.24M | 8.05M | 4.56M | ||||
| Cost of RevenueCost of Rev | 5.39M | 1.27M | 0.82M | 1.10M | 5.11M | 5.40M | 16.66M | 14.31M | -20.13M | 2.85M | 2.90M | 3.96M | 3.48M | 1.46M | 1.28M | 1.60M | 0.88M | 0.96M | 1.34M | 0.59M | ||||
| Gross Profit | 5.25M | 2.60M | 4.27M | 3.33M | 4.67M | 5.82M | 10.09M | 7.58M | 0.29M | 5.43M | 4.57M | 1.27M | 1.56M | 2.93M | 2.97M | 1.56M | 3.40M | 8.28M | 6.71M | 4.35M | ||||
| Operating items | ||||||||||||||||||||||||
| Amortization - Intangibles | 0.18M | 0.07M | 0.24M | 0.24M | 0.44M | 0.73M | 1.10M | 1.12M | -0.14M | 0.66M | 0.66M | 0.66M | 0.43M | 0.02M | 0.02M | 0.02M | 0.02M | 0.02M | 0.02M | 0.02M | ||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.09M | 0.09M | 0.16M | 0.12M | 0.21M | 0.19M | 0.24M | 0.23M | 0.26M | 0.28M | 0.32M | 0.31M | 0.37M | 0.24M | 0.22M | 0.20M | 0.02M | 0.14M | 0.13M | 0.09M | ||||
| Research & DevelopmentR&D | 0.91M | 1.00M | 1.74M | 1.09M | 1.30M | 1.73M | 3.30M | 2.26M | 0.74M | 1.82M | 1.49M | 1.28M | 1.41M | 1.04M | 0.95M | 1.04M | 0.97M | 1.07M | 0.92M | 0.55M | ||||
| Selling, General & AdministrativeSG&A | 2.50M | 1.58M | 3.00M | 1.97M | 2.59M | 2.13M | 2.52M | 2.60M | 0.07M | 1.58M | 1.58M | 1.79M | 1.82M | 1.37M | 1.55M | 2.64M | 6.38M | 9.26M | 5.52M | 4.93M | ||||
| Other Operating ExpensesOther Opex | -0.00M | 1.91M | 0.01M | -3.92M | 5.73M | 3.21M | 3.78M | 2.93M | 11.33M | 1.62M | 1.33M | 1.27M | 2.54M | -71.33M | 175.50M | 105.56M | ||||||||
| Operating ExpensesOpex | 3.84M | 3.48M | 6.81M | 4.87M | 6.21M | 0.13M | 11.79M | 9.71M | 6.67M | 6.89M | 7.17M | 6.31M | 14.93M | 4.27M | 4.05M | 5.15M | 9.91M | -60.87M | 182.08M | 111.14M | ||||
| Operating IncomeOp. Inc | 1.41M | -0.88M | -2.54M | -1.54M | -1.54M | -2.38M | -1.70M | -2.13M | -6.37M | -1.46M | -2.60M | -5.04M | -13.37M | -1.34M | -1.07M | -3.59M | -6.50M | 69.16M | -175.36M | -106.79M | ||||
| EBIT | 1.41M | -0.88M | -2.54M | -1.54M | -1.54M | -2.38M | -1.70M | -2.13M | -6.37M | -1.46M | -2.60M | -5.04M | -13.37M | -1.34M | -1.07M | -3.59M | -6.50M | 69.16M | -175.36M | -106.79M | ||||
| Non-operating items | ||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.02M | 4.92M | 0.44M | 4.72M | 1.34M | 0.84M | 0.29M | 0.25M | 3.68M | |||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -0.01M | 78.00M | ||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.52M | 0.02M | -0.05M | 0.01M | 0.43M | -1.79M | 0.15M | -7.04M | -0.85M | -1.04M | -0.75M | 2.63M | 676.00 | -0.01M | 0.29M | 0.04M | 1.13M | |||||||
| Non Operating IncomeNon Op. Inc. | -0.29M | -0.23M | -0.24M | -0.42M | -2.41M | -3.56M | -2.56M | |||||||||||||||||
| Net income details | ||||||||||||||||||||||||
| EBT | 1.44M | 0.89M | -2.58M | -1.55M | -1.68M | -2.75M | -3.49M | -1.98M | -8.68M | -2.31M | -3.64M | -5.79M | -13.87M | -1.63M | -1.30M | -3.83M | -6.93M | 66.75M | -178.92M | -109.34M | ||||
| Tax ProvisionsTaxes | 0.26M | -0.49M | -1.35M | 1.64M | 0.71M | -0.76M | 0.50M | 2.60M | 0.47M | 0.69M | 1.50M | -3.00M | 0.01M | |||||||||||
| Profit After TaxPAT | 2.72M | 0.51M | -3.08M | -0.20M | -2.28M | -0.64M | 3.32M | -1.48M | -13.64M | -1.36M | -2.44M | -4.28M | -16.20M | -1.63M | -1.30M | -3.83M | -6.93M | 66.75M | -178.92M | -109.34M | ||||
| Income from Non-Controlling InterestsInc. Minority | -0.05M | 0.15M | 0.09M | 0.12M | -0.92M | |||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 1.44M | 0.64M | -2.09M | -0.20M | -3.32M | -3.45M | -2.74M | -2.48M | -11.28M | -2.78M | -4.34M | -7.29M | -10.87M | -1.63M | -1.30M | -3.83M | -6.94M | 66.75M | -178.92M | -109.34M | ||||
| Income from Discontinued OperationsIncome (Discontinued) | 1.15M | 2.82M | 0.15M | -5.28M | -2.81M | -0.29M | -0.29M | 0.29M | 0.22M | 0.55M | 0.27M | 0.25M | ||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 1.44M | 1.78M | 0.73M | -0.05M | -8.59M | -6.26M | -3.03M | -2.76M | -10.99M | -2.56M | -3.79M | -7.02M | -10.62M | -1.63M | -1.30M | -3.83M | -6.94M | 66.75M | -178.92M | -109.34M | ||||
| Income towards Parent CompanyParent Net Inc | 1.44M | 1.78M | 0.73M | -0.05M | -8.59M | -6.26M | -3.03M | -2.76M | -10.99M | -2.56M | -3.79M | -7.02M | -10.62M | -1.63M | -1.30M | -3.83M | -6.94M | 66.75M | -178.92M | -109.34M | ||||
| Preferred Dividend PaymentsPref Dividends | 0.16M | 1.06M | 1.00M | 0.14M | 0.03M | 5.76M | 8.30M | |||||||||||||||||
| Net Income towards Common StockholdersNet Income | 1.28M | 1.78M | 0.73M | -1.12M | -9.59M | -6.26M | -3.03M | -2.76M | -10.99M | -2.56M | -3.79M | -7.02M | -10.62M | -1.77M | -1.33M | -3.83M | -6.94M | 60.99M | -187.23M | -109.34M | ||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | 1.79 | 2.07 | 0.83 | -1.36 | -11.82 | -7.49 | -3.46 | -3.07 | -12.29 | -2.53 | -3.73 | -6.77 | -10.34 | -1.69 | -1.28 | -2.87 | -0.88 | 1.10 | -3.08 | -1.67 | ||||
| EPS (Diluted) | 1.79 | 2.07 | 1.50 | -1.25 | -11.82 | -7.49 | -3.19 | -3.07 | -12.29 | -2.53 | -3.73 | -6.77 | -10.34 | -1.69 | -1.28 | -2.87 | -0.88 | 0.69 | -3.08 | -1.67 | ||||
| Shares Outstanding | 0.71M | 0.86M | 0.88M | 0.82M | 0.81M | 0.84M | 0.88M | 0.90M | 0.89M | 1.01M | 1.02M | 1.04M | 1.03M | 1.05M | 1.05M | 1.34M | 7.91M | 55.34M | 60.83M | 65.51M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.71M | 0.86M | 0.49M | 0.89M | 0.81M | 0.84M | 0.95M | 0.90M | 0.89M | 1.01M | 1.02M | 1.04M | 1.03M | 1.05M | 1.05M | 1.34M | 7.91M | 88.48M | 60.83M | 65.51M | ||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.76M | 0.79M | 0.82M | 0.81M | 0.84M | 0.84M | 0.90M | 0.90M | 0.84M | 1.02M | 1.02M | 1.05M | 1.05M | 1.05M | 1.05M | 1.34M | 7.91M | 58.89M | 63.21M | 66.90M | ||||
| EBITDA | 1.51M | -0.79M | -2.38M | -1.42M | -1.32M | -2.18M | -1.46M | -1.91M | -6.11M | -1.18M | -2.28M | -4.73M | -13.00M | -1.10M | -0.85M | -3.39M | -6.48M | 69.29M | -175.23M | -106.70M | ||||
| Interest ExpensesInt Expense | 0.02M | 4.92M | 0.44M | 4.72M | 1.34M | 0.84M | 0.29M | 0.25M | 3.68M | |||||||||||||||
| Tax Rate | 28.94% | 19.11% | 87.10% | -97.32% | -25.79% | 21.62% | -25.09% | -29.95% | -20.46% | -19.07% | -25.96% | 21.64% | -0.20% |