Upexi, Inc. ($UPXI) reported quarterly revenue of $6.5 million, up 97% from a year earlier, as the company continued to grow its top line. Gross profit rose sharply to $18.0 million, reflecting a major improvement from the prior-year period.
However, profitability remained under heavy pressure. Operating loss widened to $134.1 million, while net loss attributable to common shareholders came in at $136.7 million. Diluted loss per share was $2.20.
Cash used in operating activities totaled $2.7 million, while cash and cash equivalents stood at $5.8 million. Total liabilities increased significantly to $233.9 million, highlighting a much heavier balance sheet burden.
- Revenue: $6.5 million
- Gross profit: $18.0 million
- Net loss: $136.7 million
- Cash and cash equivalents: $5.8 million
Wall Street had expected revenue of $7.7 million and a loss of $0.12 per share. Shares of Upexi fell 1.82% after the market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Upexi, Inc. Hedge Fund Activity
We have seen 24 institutional investors add shares of Upexi, Inc. stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MAREX GROUP PLC removed 2,507,176 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,471,072
- QUBE RESEARCH & TECHNOLOGIES LTD removed 744,441 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $733,721
- UBS GROUP AG removed 533,570 shares (-69.7%) from their portfolio in Q2 2026, for an estimated $418,425
- HRT FINANCIAL LP removed 275,324 shares (-65.9%) from their portfolio in Q2 2026, for an estimated $215,909
- BLACKROCK, INC. added 207,598 shares (+30.5%) to their portfolio in Q2 2026, for an estimated $162,798
- CITADEL ADVISORS LLC removed 197,180 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $194,340
- TWO SIGMA INVESTMENTS, LP removed 174,767 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $172,250
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.