Exodus Movement, Inc. (EXOD) Q2 2026 Earnings Call Transcript

Exodus Movement, Inc. ( EXOD ) Q2 2026 Earnings Call August 10, 2026 5:00 PM EDT Company Participants Benjamin Marcos J. Richardson - Chairperson & CEO Michael Rolph James Gernetzke - CFO & Secretary Conference Call Participants Gareth Gacetta Edward Engel - Compass Point Research & Trading, LLC, Research Division Presentation Operator Greetings. Welcome to Exodus Q2 2026 Earnings Webcast and Conference Call. Please note that this conference is now being recorded. I will now turn the conference over to Benjamin Marcos from Exodus. Please go ahead. Hi, everyone. Welcome to Exodus Second Quarter 2026 Earnings Call. I'm your host, Ben Marcos, and with us today are Exodus Co-Founder and CEO, JP Richardson; Monavate's CEO, Michael Rolph; and CFO, James Gernetzke. During today's call, we might make forward-looking statements. The company cautions investors that any forward-looking statement involves risks and uncertainties and is not a guarantee of future performance. Actual results may vary materially from those expressed or implied due to a variety of factors described in our earnings release, Form 10-K and other SEC filings. We undertake no obligation to update forward-looking statements. As always, we encourage investors to submit questions through X or Reddit following today's call. Today's call is our first opportunity to report on the combined Exodus and Monavate organization. JP will begin with a strategic transformation underway at Exodus. Michael will explain the payments platform, the combined market opportunity and James will review the quarter's financial performance and the steps we're taking to build a more durable financial model. With that, please go to you, JP. J. Richardson Chairperson & CEO Thanks, Ben, and thank you, everyone, for joining us. If there's 1 takeaway from today's call, it's this, Exodus is becoming a payments company. And this quarter, the transformation moved from plan to execution.