AtlasClear Holdings, Inc.

AtlasClear Holdings, Inc. (ATCH) reported Q2 2026 results for the period ending December 31, 2025, with total revenues of $5.1M driven by commissions ($3.1M), clearing fees ($582K), vetting fees ($352K), other revenue ($820K), and net gains on firm trading accounts ($206K). Despite operational loss of -$2.5M from total expenses of $7.5M (led by compensation $2.8M, regulatory fees $1.5M, stock compensation $1.2M), the company achieved net income of $6.8M, propelled by $9.4M in other income primarily from changes in fair value of derivatives including long-term/short-term note derivatives ($11.4M gain), earnout liability ($10.6M gain), and offset by interest expense ($2.8M) and warrant liability changes (-$1.8M). Balance sheet shows total assets $77.6M with cash equivalents $23.1M, current liabilities $33.2M including customer payables $24.2M and excise tax $2.6M, and stockholders' equity $21.7M. Cash increased $16.6M to $27.3M, funded by $17.7M financing inflows from secured convertible notes ($10.0M) and equity SPA ($5.8M), despite -$1.0M operating cash use. No prior period comparisons disclosed in filing.

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