AVAX One Reports $2.3M 2025 Revenue, Guides $11M-$12M in 2026 with $40M Buyback
AVAX One posted preliminary 2025 revenue of $2.3 million and an EBITDA loss of $7.3 million, with fourth-quarter sales comprising nearly half of annual revenue. It guides 2026 revenue at $11 million-$12 million with expected EBITDA of $2 million-$3 million and has authorized a $40 million share repurchase program.
1. Preliminary 2025 Results
AVAX One reported preliminary unaudited revenue of $2.3 million for the full year 2025, with $1.1 million generated in the fourth quarter, representing nearly 48% of annual sales. The company posted an EBITDA loss of $7.3 million as it transitioned to its Avalanche digital asset treasury strategy and scaled staking and mining operations.
2. 2026 Financial Guidance
For fiscal 2026, AVAX One projects revenue of $11 million to $12 million at current AVAX prices and positive EBITDA of $2 million to $3 million. This guidance implies roughly fivefold revenue growth over 2025 and reflects disciplined capital deployment across its onchain yield initiatives.
3. Share Repurchase Program and Capital Position
In November 2025, AVAX One’s board authorized a $40 million share repurchase program and repurchased 2,423,383 shares by February 27, 2026. With approximately three years of operating capital on hand and income from staking and mining, the company expects to fund operations without liquidating its digital asset holdings.