Streamex Corp. Reports Q2 2026 Financial Results with Improved Net Loss and First Gold Lease Income

Streamex Corp. reported its financial results for the second quarter of 2026, revealing a net loss of $14.6 million, a significant improvement from a net loss of $20.4 million in the same period last year. The company generated $146,000 in gold lease income during the quarter, marking its first revenue from this source, as it began deploying physical gold into a leasing program. Total operating expenses decreased by 25.6% to $15.3 million, primarily due to reduced general and administrative costs, which fell by 30.2% to $13.8 million. The decrease in expenses was attributed to lower stock-based compensation and consulting costs, reflecting the company's ongoing efforts to streamline operations following its acquisition of Streamex Exchange in May 2025.

For the first half of 2026, Streamex reported a net loss of $61.2 million, compared to a loss of $23.2 million in the prior year. The increase in losses was driven by a substantial rise in general and administrative expenses, which more than doubled to $48.1 million, largely due to increased stock-based compensation and costs associated with marketing and compliance as the company expanded its digital asset initiatives. Depreciation and amortization expenses also surged to $3 million, reflecting a full six months of amortization of intangible assets acquired from the Streamex Exchange acquisition.

Streamex's total assets decreased to $159.6 million as of June 30, 2026, down from $187.5 million at the end of 2025. The decline was primarily due to a reduction in cash and cash equivalents, which fell to $5.6 million from $20.3 million, and a decrease in prepaid expenses. However, the company reported a significant increase in marketable securities, which rose to $12.9 million, and digital assets valued at $6 million. The company’s liabilities also decreased significantly, from $54.2 million to $12.4 million, following the settlement of its convertible debentures in February 2026.

In terms of operational developments, Streamex has focused on its digital infrastructure platform for tokenizing real-world assets, particularly gold. The company launched its GLDY token program during the first half of 2026, which is designed to provide holders with exposure to physical gold and gold-denominated leasing returns. As of June 30, 2026, Streamex held approximately 91% of the outstanding GLDY tokens, with the remaining 9% held by external tokenholders. The company also engaged in strategic partnerships to enhance its market position and liquidity, including a Tokenized Yield Partnership Agreement with Monetary Metals & Co.

Looking ahead, Streamex expects to continue incurring operating losses as it scales its digital infrastructure platform and seeks to achieve sustained commercial viability. The company anticipates additional costs related to platform development, regulatory compliance, and marketing efforts. Management has expressed confidence in its liquidity position, with working capital of approximately $32.8 million as of June 30, 2026, and plans to explore various financing options to support its growth initiatives.