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WYFIBullishEarningsnews
High materiality8/10

WhiteFiber Q2 2026 revenue growth and NC-1 financing progress

Aug 12, 2026, 7:04 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Strong Q2 growth, sizable multi-year cloud contracts, and progress on NC-1 financing may de-risk capital needs and accelerate project deployment, supporting a re-rating as revenue visibility and scale improve.

AI summary

What happened, with direct paths to the underlying reporting

WhiteFiber reported Q2 2026 revenue of $28.839m, up 54% YoY, with Cloud Services at $23.806m and colocation at $4.726m. Management highlighted initial NC-1 billing and exclusivity for secured financing that could recycle capital into development. Over $540m of new multi-year cloud deals and a $932.9m colocation RPO suggest stronger revenue visibility and scalable growth.

  • Q2 revenue $28.839m; up 54% YoY. Net loss $(14.976)m.
  • Cloud Services $23.806m; Colocation $4.726m; Cloud growth includes $12.3m termination impact.
  • Adjusted EBITDA $5.535m; gross margin 59.4%.
  • Multi-year Cloud deals >$540m; NC-1 financing exclusivity progressing.

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