GD Culture Group Q2 FY26 net loss more than doubled to $52.2 million; operating loss widens 83.2% to $2.85 million - GDC News | RalliesGD Culture Group Q2 FY26 net loss more than doubled to $52.2 million; operating loss widens 83.2% to $2.85 million
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GDC• Business updates and capital actions
- Business updates included a 1-for-250 reverse stock split effective June 29, plus $6 million spent on Fato and Fictoiv software copyrights.
Q2 net loss and operating loss widen
- GD Culture Group posted a net loss of $52.2 million for the June 30, 2026 quarter, widening from a year earlier.
- The operating loss widened 83.2% to $2.85 million, as selling and marketing expense more than doubled to $1 million.
- Other expense swung to $49.31 million on an unrealized loss of $49.28 million from fair-value changes in digital assets.
Six-month loss driven by digital asset charges
- For the six months, net loss widened to $216.2 million, driven by a $211.76 million unrealized loss on digital assets.
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