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UPXIUpexi, Inc.
$0.83$54M
Overview & Verdict
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UPXI logoUpexi, Inc.(UPXI)Earnings, Financials & Key Ratios

UPXI•NASDAQ
$0.83
Price updated Jul 7, 2026
SectorCommunication ServicesIndustryInternet ServicesSub-IndustryConsumer Apps and Utility Platforms
AboutUpexi, Inc. manufacture and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc. and changed its name to Upexi, Inc. in August 2022. Upexi, Inc. was incorporated in 2018 and is headquartered in Clearwater, Florida.Show more
  • Revenue$16M-39.2%
  • EBITDA-$12M+37.5%
  • Net Income-$14M+42.2%
  • EPS (Diluted)-1.73+92.8%
  • Gross Margin68.74%+39.4%
  • EBITDA Margin-74.26%-2.8%
  • Operating Margin-79.06%+8.5%
  • Net Margin-86.55%+4.9%
  • ROE-28.33%+79.4%

UPXI Price & Volume

Upexi, Inc. (UPXI) stock price & volume — 10-year historical chart

Loading chart...

Persistent Operational Losses Threaten Corporate Solvency

Investment Thesis • Updated 2026Q3

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and insolvency risk

Key Thesis Takeaways

  • Upexi's acquisition-led growth strategy has resulted in extreme revenue volatility and a precarious financial position, characterized by a shift to a $51.9 million equity deficit in 2026Q3.
  • While the company maintains high gross margins, reaching 93.1% in 2026Q3, it fails to translate these gains into operational profitability, evidenced by an operating margin of -127.7%.
  • Investors should remain cautious as the company's $242.8 million debt load and thin $3.5 million cash buffer suggest significant insolvency risks.

Verdict Logic

the company's inability to sustain positive operating cash flow, combined with a $242.8 million debt obligation and a negative equity position, suggests an unsustainable capital structure.

UPXI Growth Metrics

Upexi, Inc. (UPXI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years16.36%
3 Years-11.83%
TTM218.47%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-915.13%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM80.42%

Return on Capital

10 Years-37.81%
5 Years-30.24%
3 Years-47.08%
Last Year-24.49%

UPXI Recent Earnings

Upexi, Inc. (UPXI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (20%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 12, 2026
Metric
Actual
Est
EPS
$1.67-735.0%
$0.20
Rev
$5M+57.1%
$3M
Q1 2026
Feb 10, 2026
Metric
Actual
Est
EPS
$1.24-1553.3%
$0.07
Rev
$3M-56.4%
$7M
Q4 2025
Nov 11, 2025
Metric
Actual
Est
EPS
$0.12-60.0%
$0.07
Rev
$9M-1.9%
$9M
Q2 2025
May 16, 2025
Metric
Actual
Est
EPS
$2.87-79.4%
$1.60
Rev
$3M-82.5%
$18M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 12, 2026
$1.67vs $0.20-735.0%
$5Mvs $3M+57.1%
Q1 2026Feb 10, 2026
$1.24vs $0.07-1553.3%
$3Mvs $7M-56.4%
Q4 2025Nov 11, 2025
$0.12vs $0.07-60.0%
$9Mvs $9M-1.9%
Q2 2025May 16, 2025
$2.87vs $1.60-79.4%
$3Mvs $18M-82.5%
Based on last 12 quarters of dataView full earnings history →

Latest UPXI News

Recent stock market news and headlines for Upexi, Inc. (UPXI)

GlobeNewsWire·Jun 30, 2026
Upexi Partners with Blueprint to Stake Solana Treasury Assets

TAMPA, Fla., June 30, 2026 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (“Upexi” or the “Company”), a leading Solana-focused digital asset treasury company and consumer brands owner, today announced a strategic partnership with Blueprint, the institutional staking and digital-asset infrastructure affiliate of Hivemind Capital Partners, to stake a portion of its Solana holdings.

GlobeNewsWire·Jun 26, 2026
Upexi Added to the Russell Microcap® Index

Membership Broadens Upexi's Visibility Among Institutional Investors and Index Funds Membership Broadens Upexi's Visibility Among Institutional Investors and Index Funds

GlobeNewsWire·Jun 22, 2026
Upexi, Inc. Announces Pricing of ~$19.5 Million Private Placement of Common Stock

TAMPA, Fla., June 22, 2026 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (“Upexi” or the “Company”), a leading Solana-focused digital asset treasury company and consumer brands owner, announced that it has entered into a securities purchase agreement with an existing accredited investor for the purchase and sale of 12,242,300 shares of common stock (or pre-funded warrants in lieu thereof) at a price of approximately $1.60 per share in the form of the reduction of existing debt in the approximate amount of $19.5 million, before deducting legal and other offering fees.

Peers Comparison

Key metrics vs top competitors for Upexi, Inc. (UPXI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
UPXI logoUPXIUpexi, Inc.Current
$0.83$54.44M-0.48-39.19%-86.55%-28.33%—
NXRT logoNXRTNexPoint Residential Trust, Inc.
$28.94$734.45M-22.97-3.24%-12.67%-10.13%—
BYFC logoBYFCBroadway Financial Corporation
$9.71$90.09M-3.01-3.76%-31.46%-7.65%—
HIMS logoHIMSHims & Hers Health, Inc.
$36.17$7.94B70.9259%-0.56%-2.48%—
OLPX logoOLPXOlaplex Holdings, Inc.
$2.07$1.39B-148.920.07%-3.53%-1.7%—
SKIN logoSKINThe Beauty Health Company
$1.11$143.86M-6.94-10.02%-2.03%-9.41%—

Compare UPXI vs Peers

Upexi, Inc. (UPXI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NXRT

Most directly comparable listed peer for UPXI.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare UPXI against a more recognizable public peer.

Peer Set

Compare Top 5

vs NXRT, BYFC, HIMS, OLPX

UPXI SEC Filings & Documents

Upexi, Inc. (UPXI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 13, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

Mar 31, 2026·SEC

10-K Annual Reports

1
FY 2025

Sep 24, 2025·SEC

10-Q Quarterly Reports

3
FY 2026

May 12, 2026·SEC

FY 2026

Feb 10, 2026·SEC

FY 2025

Nov 12, 2025·SEC

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UPXI Frequently Asked Questions

Upexi, Inc. (UPXI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Upexi, Inc.'s revenue?

Upexi, Inc. (UPXI) reported $26.1M in revenue for fiscal year 2025. This represents a 1084% increase from $2.2M in 2019.

How fast is Upexi, Inc. growing?

Upexi, Inc. (UPXI) saw revenue decline by 39.2% over the past year.

Is UPXI profitable?

Upexi, Inc. (UPXI) reported a net loss of $228.4M for fiscal year 2025.

Dividend & Returns
What is UPXI's return on equity?

Upexi, Inc. (UPXI) has a return on equity (ROE) of -28.3%. Negative ROE indicates the company is unprofitable.

What is Upexi, Inc.'s free cash flow?

Upexi, Inc. (UPXI) had negative free cash flow of $21.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in UPXI back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →