Global Mofy AI FY26 H1 swings to net loss of $50.66 million; revenue rises 49.4% to $39.93 million
GMM•Non-GAAP result
Non-GAAP net income was $1.12 million, excluding share-based compensation, warrant fair-value changes, and intangible-asset impairment.
FY26 first-half results
Global Mofy Ai posted a GAAP net loss of $50.66 million for the six months ended March 31, 2026, swinging from net income.
Revenue rose 49.4% to $39.93 million, driven by virtual technology service revenue of $27.1 million, up 80.2%.
Margins and operating performance
Operating loss widened to $50.71 million, reflecting a $38.44 million impairment loss on intangible assets.
Gross margin fell 22.9 percentage points to 21.3%, as digital asset development gross margin slid to 2.8%.
