Ionic Digital Q2 FY26 revenue rises 30.8% to $48.65 million; net loss widens to $35.31 million - IOND News | RalliesIonic Digital Q2 FY26 revenue rises 30.8% to $48.65 million; net loss widens to $35.31 million
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IOND• Q2 FY26 results
- Ionic Digital posted a GAAP net loss of $35.31 million for Q2 2026, swinging from net income a year earlier.
- GAAP revenue rose 30.8% to $48.65 million, driven by $43.85 million of digital infrastructure leasing revenue tied to the Nscale Agreement.
- Cryptocurrency mining revenue fell 87.1% to $4.8 million on lower average bitcoin prices and fewer active miners.
- GAAP operating results swung to a loss of $8.24 million, while general and administrative expense increased 80.3% to $19.47 million.
Nscale Agreement and contracted revenue
- Management said monthly fixed lease payments under the Nscale Agreement start in August 2026, with contracted revenue estimated at about $1.9 billion.
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