Innio Q2 net loss widens to $16.9 million; revenue rises 42.2% to $937.7 million - INIO News | RalliesInnio Q2 net loss widens to $16.9 million; revenue rises 42.2% to $937.7 million
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INIO• Second-quarter results
- Innio posted a net loss of $16.9 million as net sales rose 42.2% to $937.7 million in the quarter ended June 30, 2026.
- Operating income fell 55.4% to $45.1 million as selling, general and administrative expenses more than doubled to $232.2 million on IPO-related costs.
- Adjusted EBITDA (non-GAAP) climbed 19.6% to $172.3 million, while adjusted EBITDA margin narrowed 3.4 percentage points to 18.4%.
- Equipment revenue rose 60.8% to $569.3 million, led by data center revenue that nearly doubled to $232.4 million on North America buildouts.
- Cash and cash equivalents totaled $1.04 billion at June 30, 2026; the June 5 IPO sold 103,500,000 shares at $27 with no proceeds to Innio.
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