Datacentrex Posts $2.2M Q1 Revenue, $1.7M Adjusted EBITDA Loss
Datacentrex booked $2.2 million in Q1 2026 revenue, a 1,275% year-over-year increase, generating $513,000 gross profit at a 23.5% margin. It reported a $1.7 million Adjusted EBITDA loss and held over $59 million in liquidity, including $42.5 million cash and $5.3 million in digital assets.
1. Q1 2026 Financial Highlights
Datacentrex reported $2.2 million in revenue for Q1 2026, compared with $160,000 in Q1 2025, driven by expanded deployment of 3,094 Scrypt ASIC miners across four U.S. facilities. Gross profit rose to $513,000 at a 23.5% margin versus $84,000 at 52.5% a year earlier.
2. Profitability and Adjusted EBITDA
GAAP net loss was $6.2 million, reflecting $3.3 million depreciation, $1.2 million stock-based compensation and $1.2 million mark-to-market digital asset losses. On an adjusted basis, Datacentrex reported a $1.7 million EBITDA loss which narrows to approximately $0.5 million excluding non-cash digital asset valuation movements.
3. Liquidity Position
At quarter end, the company held $42.5 million in cash, $5.3 million in digital assets and $11.2 million in receivables from its public offering, totaling over $59 million in liquidity. The balance sheet remains debt-free, supporting ongoing investment in mining and infrastructure expansion.
4. Mining Operations Scale
Datacentrex operated 3,094 Scrypt ASIC miners delivering 43.3 TH/s aggregate hashrate and consuming 12.5 MW of power across geographically diversified U.S. colocation centers. The merged-mining setup generated revenue from Litecoin, Dogecoin and accumulated Bitcoin as a long-term treasury reserve.