Earnings ·
Dominari Reports Q3 Net Loss of $1.9M on $16.4M Revenue, Cuts Operating Costs by 65%
DOMHDominari Holdings Inc.
Dominari Holdings Inc. reported a net loss attributable to common stockholders of $1.9 million, or $0.08 per share, for the third quarter ended September 30, 2026, compared to a net income of $125.2 million in the prior-year period. Revenue declined 69% year-over-year to $16.4 million from $52.4 million, driven by lower underwriting revenue and carried interest. However, operating expenses decreased by 65% to $18.3 million, narrowing the sequential net loss by 65%. Year-to-date, the company reported a net loss of $64.7 million on revenues of $69.0 million. The firm also raised approximately $3.3 million through a warrant inducement program and repurchased over 1.9 million shares for $3.4 million under its buyback initiative. Dominari Holdings Inc. operates as a holding company engaged in wealth management, investment banking, sales and trading, and asset management.