AVAT Reports Preliminary Third Quarter 2026 Financial Results and Treasury Metrics
Business Wire•05/11/2026•17:58 ET
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Key Highlights
- ➤Preliminary Q3 net income $54.6 million, or $1.53 per diluted share
- ➤AVAT held 13.31 million AVAX tokens as of September 30
- ➤Approximately 91% of AVAT’s AVAX, or 12.1 million tokens, was staked
- ➤AVAT repurchased 2,889,440 shares for approximately $3.3 million
- ➤FalconX collateralized loan repaid in full during the third quarter
Expert Statements
Bart Smith, CEO of AVAT
“Buying back our stock below the value of our AVAX holdings is one of the most direct ways we can create value for shareholders.”
Bart Smith, CEO of AVAT
“Removing roughly 8% of our outstanding share count while also eliminating our FalconX loan shows the discipline we bring to managing this treasury.”
Bart Smith, CEO of AVAT
“From Wall Street to national governments, major institutions are building on and evaluating Avalanche infrastructure.”
Bart Smith, CEO of AVAT
“Our shareholders have exposure to the growth of that network.”
AVAT Reports Preliminary Third Quarter 2026 Financial Results and Treasury Metrics
Retired FalconX collateralized loan in full; holds 13.31 million AVAX as Avalanche gains momentum with NYSE, Goldman Sachs, and the UAE
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