Csquare Q3 2026 net loss more than doubles year over year to $88.15 million
CSQR•Csquare's third-quarter net loss more than doubled year over year to $88.15 million, while revenue rose 26% to $302.33 million. The company narrowed its full-year 2026 revenue guidance to $1.14 billion–$1.16 billion.
1. Quarterly results
Csquare's third-quarter net loss more than doubled year over year to $88.15 million, primarily due to IPO-related costs and higher interest expense. Revenue rose 26% to $302.33 million, driven by colocation demand, customer deployments and expanded recurring infrastructure services.
2. Bookings and guidance
Quarterly bookings reached a record $66.1 million, and contracted annualized revenue backlog entering the fourth quarter totaled approximately $114 million. Csquare narrowed its full-year 2026 revenue guidance to $1.14 billion–$1.16 billion, from $1.13 billion–$1.17 billion.
