Exodus Movement, Inc. September 2025 Treasury Report and Monthly Statistics
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2025
0mins
Should l Buy EXOD?
Source: Newsfilter
Digital Asset Holdings Update: As of September 30, 2025, Exodus Movement, Inc. reported increases in its corporate treasury holdings, with Bitcoin rising to 2,123 BTC, Ethereum to 2,770 ETH, and Solana to 47,502 SOL compared to the previous month.
User Metrics and Swap Volume: The company had 1.5 million monthly active users, a slight decrease from August, and reported a processed exchange volume of $539 million in September, down from $572 million in August, with a notable increase in volume from XO Swap partners.
CFO's Remarks on Financial Transformation: Exodus CFO James Gernetzke emphasized the rapid transformation of the financial system and the company's readiness to support both retail users and institutions in utilizing stablecoins for various financial functions.
Company Overview: Exodus is a financial technology leader focused on providing secure, user-friendly crypto solutions since 2015, with a commitment to empowering individuals and businesses through self-custodial wallets and innovative financial tools.
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Analyst Views on EXOD
Wall Street analysts forecast EXOD stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 6.680
Low
25.00
Averages
34.20
High
44.00
Current: 6.680
Low
25.00
Averages
34.20
High
44.00
About EXOD
Exodus Movement, Inc. offers a self-custodial cryptocurrency platform. The Company is principally engaged in the business of creating and distributing self-custodial wallets for digital assets. It has developed software called the Exodus Platform, that supports fungible cryptocurrency assets ledgered on public blockchains as well as non-fungible tokens ledgered on public blockchains. Users can access the services offered and performed by its application programming interface providers that allow users to engage in services, such as digital asset exchanging, fiat onboarding and staking products for over 21,000 digital assets. The products it offers directly through the Exodus Platform include storing, sending, and receiving digital assets through the wallet functionality. Its users can send digital assets by inputting a public blockchain address and an amount to transfer and are able to receive digital assets by providing the sending party with the users’ own public blockchain address.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Exodus Movement Reports Mixed Q4 Results with Earnings Beat
- Earnings Beat: Exodus Movement Inc reported Q4 earnings of $0.36 per share, surpassing the analyst consensus estimate of $0.12, indicating strong profitability despite sales challenges.
- Sales Miss: The company reported quarterly sales of $29.5 million, falling short of the analyst consensus estimate of $30.219 million, highlighting potential market demand issues that could impact future growth.
- Stock Price Surge: Following the earnings announcement, Exodus Movement shares rose by 15.3% to $9.24, reflecting investor optimism regarding the earnings beat, even as sales fell short of expectations.
- Analyst Target Adjustments: Analysts from BTIG and Benchmark maintained a Buy rating on the stock but lowered their price targets from $30 and $42 to $20 and $21 respectively, indicating a cautious outlook on future performance.
See More
MoonPay and Exodus Launch XO Cash Signing Bonuses for Athletes
- Innovative Signing Bonuses: In the inaugural MoonPay XGL Summer Draft, 40 athletes will receive $2,500 each in XO Cash signing bonuses, marking a pioneering instance of professional athletes being awarded bonuses in stablecoins, enhancing their financial management flexibility.
- Stablecoin Utilization: XO Cash is a fully reserved, USD-backed stablecoin issued by MoonPay, designed to serve as a liquidity layer for Exodus Pay, which is set to launch in Q2, allowing users to make instant payments and use a spending card, thereby enhancing user payment experiences.
- Global Payment Convenience: Athletes will receive a custom MoonPay XGL Exodus Card directly linked to their Exodus accounts, enabling them to access funds instantly anywhere in the world, thus improving convenience and efficiency in cross-border payments for athletes.
- Convergence of Digital Assets and Athlete Compensation: This collaboration not only highlights the growing integration of digital assets with athlete compensation but also reflects MoonPay's commitment to modernizing athlete pay, further driving innovation and development in the sports industry.
See More
Exodus Movement, Inc. Q4 2025 Earnings Call Insights
- Strategic Shift: CEO J. Richardson emphasized that 2025 is the most consequential year in Exodus's history as the company transitions from a speculation-driven model to a payments-focused business, aiming to create revenue streams that are not dependent on cryptocurrency price fluctuations, thereby enhancing market stability.
- Product Integration: The launch of Exodus Pay integrates banking, payments, and investing into a single app, allowing users to send, spend, invest, and earn from one interface, which enhances user experience and increases customer loyalty.
- Financial Performance: Although Q4 revenue was $29.5 million, down 34% year-over-year, the full-year revenue reached $121.6 million, up 5%, indicating underlying growth potential amidst market volatility, particularly with a 21% increase in full-year swap volume to $6.89 billion.
- Future Outlook: Management plans to close the W3C acquisition in 2026 and is focusing on expanding recurring revenue streams not tied to crypto trading, especially through payments and B2B infrastructure, to navigate industry volatility and lay the groundwork for future growth.
See More
Exodus Movement Q4 Revenue Misses Expectations
- Revenue Decline: Exodus Movement reported Q4 revenue of $29.5 million, a 34.2% year-over-year decline that missed expectations by $1.18 million, indicating significant competitive pressures in the market.
- Asset Holdings: As of February 28, 2026, Exodus held $161.6 million in digital and liquid assets, including $149.2 million in Bitcoin and $5.6 million in Ether, reflecting the company's strategic positioning in the digital asset landscape.
- User Growth: The monthly active users reached 1.6 million as of February 2026, up from 1.5 million at year-end, suggesting progress in user acquisition and retention strategies.
- Transaction Volume: In February 2026, Exodus processed $435 million in transaction volume, with $99 million (23%) originating from XO Swap partners, highlighting the company's active role in the trading market and potential for future collaborations.
See More
Exodus Updates Digital Asset Holdings and Metrics
- Digital Asset Holdings Update: As of January 31, 2026, Exodus holds 1,694 BTC, a slight decrease from 1,704 BTC on December 31, 2025, indicating a cautious approach to asset allocation amid market volatility.
- Ethereum Holdings Change: Exodus' Ethereum holdings stand at 1,887 ETH as of January 31, 2026, down from 1,898 ETH on December 31, 2025, reflecting the company's flexibility and adaptability in digital asset management.
- Significant User Growth: Exodus reported 1.6 million monthly active users as of January 31, 2026, up from 1.5 million on December 31, 2025, marking a 6.67% increase that highlights the effectiveness of the company's user acquisition and retention strategies.
- Increased Trading Volume: In January 2026, Exodus processed $399 million in exchange volume, with $90 million (23%) coming from XO Swap partners, up from $360 million in December 2025, showcasing the company's ongoing growth potential in trading services.
See More
Exodus Clears Debt from W3C Acquisition, Maintains 1.5 Million Active Users
- Debt Clearance: Exodus fully paid off its debt to Galaxy Digital in December 2025, entering 2026 with a debt-free balance sheet, which reflects the company's disciplined capital management during a period of ongoing product expansion.
- Digital Asset Holdings Adjustment: As of December 31, 2025, Exodus held 1,704 BTC and 1,898 ETH, down from 1,902 BTC and 2,802 ETH at the end of November, indicating the company's strategic asset adjustment in response to market fluctuations.
- Stable User Engagement: Exodus maintained 1.5 million monthly active users as of December 2025, demonstrating a resilient and loyal customer base that continues to engage with the platform across varying market cycles.
- Volume Fluctuation: In December 2025, Exodus processed $360 million in exchange volume, with $75 million (21%) from XO Swap partners, down from $549 million in November, highlighting the impact of changing market conditions on trading activity.
See More
Exodus Movement Reports Mixed Q4 Results with Earnings Beat
- Earnings Beat: Exodus Movement Inc reported Q4 earnings of $0.36 per share, surpassing the analyst consensus estimate of $0.12, indicating strong profitability despite sales challenges.
- Sales Miss: The company reported quarterly sales of $29.5 million, falling short of the analyst consensus estimate of $30.219 million, highlighting potential market demand issues that could impact future growth.
- Stock Price Surge: Following the earnings announcement, Exodus Movement shares rose by 15.3% to $9.24, reflecting investor optimism regarding the earnings beat, even as sales fell short of expectations.
- Analyst Target Adjustments: Analysts from BTIG and Benchmark maintained a Buy rating on the stock but lowered their price targets from $30 and $42 to $20 and $21 respectively, indicating a cautious outlook on future performance.
See More
MoonPay and Exodus Launch XO Cash Signing Bonuses for Athletes
- Innovative Signing Bonuses: In the inaugural MoonPay XGL Summer Draft, 40 athletes will receive $2,500 each in XO Cash signing bonuses, marking a pioneering instance of professional athletes being awarded bonuses in stablecoins, enhancing their financial management flexibility.
- Stablecoin Utilization: XO Cash is a fully reserved, USD-backed stablecoin issued by MoonPay, designed to serve as a liquidity layer for Exodus Pay, which is set to launch in Q2, allowing users to make instant payments and use a spending card, thereby enhancing user payment experiences.
- Global Payment Convenience: Athletes will receive a custom MoonPay XGL Exodus Card directly linked to their Exodus accounts, enabling them to access funds instantly anywhere in the world, thus improving convenience and efficiency in cross-border payments for athletes.
- Convergence of Digital Assets and Athlete Compensation: This collaboration not only highlights the growing integration of digital assets with athlete compensation but also reflects MoonPay's commitment to modernizing athlete pay, further driving innovation and development in the sports industry.
See More
Exodus Movement, Inc. Q4 2025 Earnings Call Insights
- Strategic Shift: CEO J. Richardson emphasized that 2025 is the most consequential year in Exodus's history as the company transitions from a speculation-driven model to a payments-focused business, aiming to create revenue streams that are not dependent on cryptocurrency price fluctuations, thereby enhancing market stability.
- Product Integration: The launch of Exodus Pay integrates banking, payments, and investing into a single app, allowing users to send, spend, invest, and earn from one interface, which enhances user experience and increases customer loyalty.
- Financial Performance: Although Q4 revenue was $29.5 million, down 34% year-over-year, the full-year revenue reached $121.6 million, up 5%, indicating underlying growth potential amidst market volatility, particularly with a 21% increase in full-year swap volume to $6.89 billion.
- Future Outlook: Management plans to close the W3C acquisition in 2026 and is focusing on expanding recurring revenue streams not tied to crypto trading, especially through payments and B2B infrastructure, to navigate industry volatility and lay the groundwork for future growth.
See More
Exodus Movement Q4 Revenue Misses Expectations
- Revenue Decline: Exodus Movement reported Q4 revenue of $29.5 million, a 34.2% year-over-year decline that missed expectations by $1.18 million, indicating significant competitive pressures in the market.
- Asset Holdings: As of February 28, 2026, Exodus held $161.6 million in digital and liquid assets, including $149.2 million in Bitcoin and $5.6 million in Ether, reflecting the company's strategic positioning in the digital asset landscape.
- User Growth: The monthly active users reached 1.6 million as of February 2026, up from 1.5 million at year-end, suggesting progress in user acquisition and retention strategies.
- Transaction Volume: In February 2026, Exodus processed $435 million in transaction volume, with $99 million (23%) originating from XO Swap partners, highlighting the company's active role in the trading market and potential for future collaborations.
See More
Exodus Updates Digital Asset Holdings and Metrics
- Digital Asset Holdings Update: As of January 31, 2026, Exodus holds 1,694 BTC, a slight decrease from 1,704 BTC on December 31, 2025, indicating a cautious approach to asset allocation amid market volatility.
- Ethereum Holdings Change: Exodus' Ethereum holdings stand at 1,887 ETH as of January 31, 2026, down from 1,898 ETH on December 31, 2025, reflecting the company's flexibility and adaptability in digital asset management.
- Significant User Growth: Exodus reported 1.6 million monthly active users as of January 31, 2026, up from 1.5 million on December 31, 2025, marking a 6.67% increase that highlights the effectiveness of the company's user acquisition and retention strategies.
- Increased Trading Volume: In January 2026, Exodus processed $399 million in exchange volume, with $90 million (23%) coming from XO Swap partners, up from $360 million in December 2025, showcasing the company's ongoing growth potential in trading services.
See More
Exodus Clears Debt from W3C Acquisition, Maintains 1.5 Million Active Users
- Debt Clearance: Exodus fully paid off its debt to Galaxy Digital in December 2025, entering 2026 with a debt-free balance sheet, which reflects the company's disciplined capital management during a period of ongoing product expansion.
- Digital Asset Holdings Adjustment: As of December 31, 2025, Exodus held 1,704 BTC and 1,898 ETH, down from 1,902 BTC and 2,802 ETH at the end of November, indicating the company's strategic asset adjustment in response to market fluctuations.
- Stable User Engagement: Exodus maintained 1.5 million monthly active users as of December 2025, demonstrating a resilient and loyal customer base that continues to engage with the platform across varying market cycles.
- Volume Fluctuation: In December 2025, Exodus processed $360 million in exchange volume, with $75 million (21%) from XO Swap partners, down from $549 million in November, highlighting the impact of changing market conditions on trading activity.
See More
