News Reports / Financial Services / ASST
ASSTStrive, Inc.
NasdaqGM · Financial Services · Mkt cap $2.8B · Avg vol 8.90M
$22.02
-1.18 (-5.09%)
Quote as of November 12, 2026, 12:43 PM ET
News Impact Report · Published November 12, 2026, 9:45 AM ET
ASST: Strive Inc Discloses Q3 FY2026 Net Loss of $3.75M on Revenue of $4.22M
Filing: 8-K (Item 8.01) | Filed with the SEC on: November 12, 2026 Price: $21.38 | Today's Change: -7.83%
What Happened
Strive, Inc. (ASST) filed an 8-K with the SEC on November 12, 2026, disclosing key financial results for the third quarter of fiscal year 2026. Revenue from contracts with customers reached $4,222,000 in Q3 FY2026, while the company recorded a net loss of $3,749,000 for the same period. The operating loss came in significantly wider at $11,859,000, underscoring that operating costs continue to substantially exceed revenues.
Why It Matters
For investors, the most pressing takeaway is the gap between the operating loss ($11.86M) and the net loss ($3.75M) — a spread suggesting that non-operating items (such as gains, write-ups, or other income) are currently softening the bottom-line impact of a very large operational cash burn. Basic and diluted EPS both came in at -$11.74 for Q3 FY2026, reflecting meaningful per-share dilution relative to the current stock price of $21.38. The stock's -7.83% move today signals that markets are reacting negatively to the disclosed figures. It is also worth noting the contrast with Q2 FY2025 revenues of just $217,807 — the jump to $4.22M in Q3 FY2026 represents meaningful top-line growth, though the cost structure has not yet followed suit.
Analysis
The revenue trajectory is the most constructive element in this filing: the increase from $217,807 in Q2 FY2025 to $4,222,000 in Q3 FY2026 suggests the business has scaled its top line substantially over the intervening period. However, the $11.86M operating loss makes clear that the company is still in a heavy investment or build-out phase, with operating expenses running well ahead of revenues. The divergence between the operating loss and the smaller net loss warrants close attention in future filings — if those non-operating cushions are non-recurring (such as asset revaluations or one-time gains), the reported net loss could widen sharply. Investors should watch for an explanation of that gap, as well as any guidance on when operating leverage is expected to emerge. StockWatch initiated coverage on ASST on September 4, 2026; this filing adds new data points to that existing analytical framework. The sharp stock decline today underlines that the market is currently placing more weight on the ongoing losses than on the revenue growth story.
Disclaimer
This report is for informational purposes only and is based solely on data contained in or accompanying the referenced SEC filing. It does not constitute investment advice, a solicitation, or an offer to buy or sell any security. No investment rating or price target is expressed or implied. Readers should conduct their own due diligence before making any investment decisions.
Existing Coverage
StockWatch has full coverage on ASST, published 2026-09-04. Read our Initiating Coverage →
Source
Filed with the SEC on 2026-11-12. Read the original filing on EDGAR: https://www.sec.gov/Archives/edgar/data/1920406/000162828026073033/asst-20261111.htm
Key Data
Last
$21.38
P&L ($)
$-1.82
P&L (%)
-7.83%
Day Range
$21.11 - $21.97
Volume
752.80K
Market Cap
$2.8B
Previous Close
$23.20
Open
$21.38
52 Week Range
$7.02 - $32.08
Shares Outstanding
118.13M
Public Float
117.13M
Average Volume
8.90M
As of November 12, 2026, 9:49 AM ET