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Eightco Q2 FY26 net income swings to USD 17.7 million; revenue drops 72.7% to USD 2.07 million

Eightco Q2 FY26 net income swings to USD 17.7 million; revenue drops 72.7% to USD 2.07 million

ReutersReuters2026/08/07 21:01
  • Eightco posted net income of USD 17.7 million for the quarter ended June 30, 2026, swinging from a year-earlier net loss.
  • Revenue fell 72.7% to USD 2.07 million from a year earlier, as orders from its largest customer dropped amid a deterioration in that customer’s finances.
  • Operating loss widened to USD 11.81 million as SG&A more than doubled to USD 6.7 million on bad-debt expense and higher costs tied to capital raising and its digital-asset strategy.
  • Results included a USD 29.32 million gain from changes in the fair value of digital assets, reflecting a recovery in Worldcoin and Ethereum prices.
  • Cash and cash equivalents were USD 11 million at June 30, with digital assets at fair value of USD 228.01 million and short-term investments of USD 50.93 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eightco Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036637), on August 07, 2026, and is solely responsible for the information contained therein.

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