SOS Ltd's H1 2026: Revenue Halves to $48.8M, Net Loss Widens to $34.5M, Cash Surges to $231.9M
SOS is trading near its 52-week low of $0.29 (4.8% above the low) on light trading volume (0.2× avg).
Summary
SOS Ltd's H1 2026 filing reveals revenue halved to $48.8M and net loss widened to $34.5M, but cash surged to $231.9M after a $228M prepayment refund. An NYSE minimum price deficiency notice adds listing risk.
Key Events · Earnings and Guidance · SOS
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Revenue Halves to $48.8M
H1 2026 revenue fell 45.5% year-over-year to $48.8 million, driven by a $37.3M drop in commodity trading revenue and a $2.9M decline in hosting services revenue.
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Net Loss Widens to $34.5M
Net loss attributable to SOS Limited was $34.5 million, up 142.8% from $14.2 million in H1 2025, including a $27.4 million non-cash fair value loss on digital assets.
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Cash Surges to $231.9M
Cash and cash equivalents jumped from $3.2 million at December 31, 2025 to $231.9 million at June 30, 2026, primarily from a $228 million refund of prepayments for terminated system development arrangements.
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NYSE Minimum Price Deficiency Notice
On August 7, 2026, SOS received an NYSE notice that its average closing price fell below $1.00 over 30 consecutive trading days, triggering non-compliance with Section 802.01C.
Analysis · SOS · Crypto Assets
The first-half 2026 results for SOS Ltd reveal a sharp operational deterioration—revenue fell 45.5% to $48.8 million and the net loss more than doubled to $34.5 million, driven by a $27.4 million non-cash fair value loss on its Bitcoin and Ethereum holdings. The balance sheet, however, was transformed by a $228 million refund of prepayments from terminated system development contracts, lifting cash from $3.2 million to $231.9 million. Adding to the distress, the company disclosed it received an NYSE minimum share price deficiency notice on August 7, 2026, introducing delisting risk to an equity already trading near its 52-week low.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 36.9% of the 1029 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.77%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SOS was trading at $0.30 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $5.6M. The 52-week trading range was $0.29 to $2.26. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.