Exodus Reports Second Quarter 2025 Results
Exodus (NYSE American: EXOD), a self-custodial cryptocurrency platform, reported strong Q2 2025 financial results. The company achieved revenue of $25.8 million, up 16% year-over-year, and a significant net income of $37.7 million, compared to a loss of $9.6 million in Q2 2024.
Key operational metrics include $1.38 billion in exchange provider processed volume, though down 37% from Q1 2025, and 1.5 million monthly active users. The company's digital and liquid assets reached $291.2 million, including 2,058 Bitcoin valued at $220.5 million. Exodus maintains a workforce of 210 full-time employees and achieved customer response times under 60 minutes in Q2.
Exodus (NYSE American: EXOD), una piattaforma di criptovalute a custodia autonoma, ha comunicato solidi risultati finanziari del 2° trimestre 2025. La società ha registrato ricavi per 25,8 milioni di dollari, in crescita del 16% su base annua, e un utile netto di 37,7 milioni di dollari, rispetto a una perdita di 9,6 milioni nel 2° trimestre 2024.
Le principali metriche operative includono un volume processato dai provider di exchange di 1,38 miliardi di dollari, sebbene in calo del 37% rispetto al 1° trimestre 2025, e 1,5 milioni di utenti attivi mensili. Gli asset digitali e le disponibilità liquide ammontano a 291,2 milioni di dollari, inclusi 2.058 Bitcoin del valore di 220,5 milioni di dollari. Exodus conta 210 dipendenti a tempo pieno e, nel trimestre, ha ottenuto tempi di risposta ai clienti inferiori a 60 minuti.
Exodus (NYSE American: EXOD), una plataforma de criptomonedas con autocustodia, informó sólidos resultados financieros del 2T 2025. La compañía alcanzó ingresos de 25,8 millones de dólares, un aumento del 16% interanual, y un beneficio neto de 37,7 millones de dólares, frente a una pérdida de 9,6 millones en el 2T 2024.
Las métricas operativas clave incluyen un volumen procesado por proveedores de intercambio de 1.380 millones de dólares, aunque un 37% inferior respecto al 1T 2025, y 1,5 millones de usuarios activos mensuales. Los activos digitales y líquidos de la compañía ascendieron a 291,2 millones de dólares, incluyendo 2.058 Bitcoin valorados en 220,5 millones de dólares. Exodus mantiene una plantilla de 210 empleados a tiempo completo y logró tiempos de respuesta al cliente inferiores a 60 minutos durante el trimestre.
Exodus (NYSE American: EXOD)는 자체 보관(셀프 커스터디) 암호화폐 플랫폼으로, 2025년 2분기 실적이 견조했다고 보고했습니다. 회사는 매출 $25.8 million을 기록해 전년 동기 대비 16% 증가했으며, 순이익 $37.7 million을 달성해 2024년 2분기의 $9.6 million 손실에서 흑자로 전환했습니다.
주요 운영 지표로는 거래소 제공업체 처리 거래액 $1.38 billion이 있으나 이는 2025년 1분기 대비 37% 감소했으며, 월간 활성 사용자 1.5 million을 유지했습니다. 회사의 디지털 및 유동 자산은 $291.2 million에 달하며, 그중 2,058 비트코인(약 $220.5 million 상당)이 포함됩니다. Exodus는 정규직 직원 210명을 보유하고 있으며, 분기 동안 고객 응답 시간을 60분 미만으로 기록했습니다.
Exodus (NYSE American: EXOD), une plateforme de cryptomonnaies en autocustodie, a publié de solides résultats financiers du 2e trimestre 2025. La société a réalisé un chiffre d'affaires de 25,8 millions de dollars, en hausse de 16 % sur un an, et un bénéfice net de 37,7 millions de dollars, contre une perte de 9,6 millions au T2 2024.
Les indicateurs opérationnels clés comprennent un volume traité par les fournisseurs d'échange de 1,38 milliard de dollars, en baisse de 37 % par rapport au T1 2025, et 1,5 million d'utilisateurs actifs mensuels. Les actifs numériques et liquides de la société s'élevaient à 291,2 millions de dollars, incluant 2 058 Bitcoins évalués à 220,5 millions de dollars. Exodus emploie 210 salariés à temps plein et a atteint des délais de réponse client inférieurs à 60 minutes au cours du trimestre.
Exodus (NYSE American: EXOD), eine Kryptowährungsplattform mit Selbstverwahrung, meldete solide Finanzergebnisse für das 2. Quartal 2025. Das Unternehmen erzielte Umsatz in Höhe von 25,8 Mio. USD, ein Plus von 16 % gegenüber dem Vorjahr, und einen Nettoertrag von 37,7 Mio. USD, nach einem Verlust von 9,6 Mio. USD im 2. Quartal 2024.
Wesentliche operative Kennzahlen umfassen ein vom Exchange-Anbieter abgewickeltes Volumen von 1,38 Mrd. USD, obwohl dies gegenüber dem 1. Quartal 2025 um 37 % gesunken ist, und 1,5 Mio. monatlich aktive Nutzer. Die digitalen und liquiden Vermögenswerte beliefen sich auf 291,2 Mio. USD, darunter 2.058 Bitcoin im Wert von 220,5 Mio. USD. Exodus beschäftigt 210 Vollzeitmitarbeiter und erzielte im Quartal Kundenreaktionszeiten von unter 60 Minuten.
- Revenue increased by 16% year-over-year to $25.8 million
- Significant net income improvement to $37.7 million from a $9.6 million loss in Q2 2024
- Strong balance sheet with $291.2 million in digital and liquid assets
- 13% increase in quarterly funded users to 1.7 million
- Substantial Bitcoin holdings of 2,058 units valued at $220.5 million
- Exchange provider processed volume decreased 37% from Q1 2025
- Technology and development costs increased 36% year-over-year
- General and administrative expenses more than doubled, up 107%
- Monthly active users remained flat at 1.5 million compared to previous year
Insights
Exodus shows strong profitability turnaround with 493% net income improvement despite rising costs, driven by digital asset gains.
Exodus delivered mixed results in Q2 2025 with some encouraging metrics alongside concerning cost trends. Revenue grew
This profitability surge stems primarily from digital asset appreciation, with the company recording a
The company's substantial digital asset holdings – including 2,058 Bitcoin valued at
User metrics show moderate growth, with quarterly funded users increasing
Second Quarter 2025 Revenue of
OMAHA, Neb., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced its unaudited results for the second quarter ended June 30, 2025.
Second Quarter 2025 Financial Highlights (Unaudited)
| In USD millions, except percentages | Q2 2025 | Q2 2024 | % Change | ||||||||
| Revenue | $ | 25.8 | $ | 22.3 | 16 | % | |||||
| Technology, development and user support | 14.7 | 10.8 | 36 | % | |||||||
| General and administrative | 18.8 | 9.1 | 107 | % | |||||||
| (Gain) loss on digital assets, net | (52.5 | ) | 17.2 | (405 | %) | ||||||
| Net income (loss) | 37.7 | (9.6 | ) | 493 | % | ||||||
“As Bitcoin, stablecoins, and digital assets continue their global expansion, so does Exodus. Our products have the ability to reach a broad audience,” said JP Richardson, CEO and co-founder of Exodus.
Second Quarter Operational and Other Financial Highlights
- Exchange provider processed volume -
$1.38 billion in Q2 2025, down37% from Q1 2025. Bitcoin, Tether (TRX Network), Tether (ETH Network), ETH, USDC, and SOL were the top assets traded in Q2 2025, at19% ,17% ,13% ,10% ,6% , and6% of volume, respectively. - Exodus monthly active users - 1.5 million at end of Q2 2025, unchanged from 1.5 million as of June 30, 2024.
- Exodus quarterly funded users - 1.7 million at end of Q2 2025, an increase of
13% from 1.5 million as of June 30, 2024. - Digital assets and liquid assets -
$291.2 million , including 2,058 units of Bitcoin valued at$220.5 million , 2,729 units of Ether valued at$6.8 million , and$58.1 million in cash and cash equivalents, USD Coin (USDC), and Treasury bills as of June 30, 2025. - Full-time equivalent team members - approximately 210 as of June 30 2025, unchanged from the prior quarter.
- Customer response time - average response time of less than 60 minutes in Q2.
“Stablecoins and Bitcoin are in the national spotlight as their utility and adoption are recognized,” said James Gernetzke, CFO of Exodus. “Placing these assets in the hands of consumers worldwide is gratifying work.”
Q2 2025 Webcast
Exodus will host a webcast of its second quarter 2025 fiscal results beginning at 4:30PM (Eastern Time) on August 11, 2025. To access the webcast, please use this link. It will also be carried on the Company’s website exodus.com/investors. Supplementary materials will also be made available prior to the webcast on the “Investor Relations” portion of the Company website, and a replay of the video webcast will be available following the live event for at least 90 days thereafter.
Upcoming Conferences
Exodus plans to attend the following events:
Tuesday, August 12 - KeyBanc Technology Leadership Forum (Deer Valley, UT)
Webcast Link - Fireside chat at noon ET (10:00 AM MT)
Wednesday, August 13th - Canaccord Genuity 45th Annual Growth Conference (Boston, MA)
Webcast Link - Fireside chat at 11:30 AM ET
Investor Contact
investors@exodus.com
Media Contact
Ryan Dicovitsky/Diana Bost, Dukas Linden Public Relations
exodus@dlpr.com
Disclosure Information
Exodus may use its website and the following social media outlets as distribution channels of material nonpublic information about the Company. Financial and other important information regarding the Company is routinely accessible through and posted on the following: websites exodus.com/investors and exodus.com, and social media: X (@exodus and JP Richardson’s feed @jprichardson), Facebook, LinkedIn, and YouTube.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “should,” “intend,” “believe,” “expect,” “likely,” “believes,” “views”, “estimates”, or other comparable terminology. Forward-looking statements in this document include, but are not limited to, management statements regarding management’s confidence in our products, services, business trajectory and plans and expectations regarding demand for our products and the demand for and wide adoption and use of cryptocurrencies. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in “Item 1. Business” and “Item 1A. Risk Factors” of Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 6, 2025, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.
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