QumulusAI Q3 net loss widens 53% to $14.44 million; revenue rises to $14.76 million
QMLS•QumulusAI’s third-quarter 2026 net loss widened 53% year over year to $14.44 million, while revenue rose to $14.76 million. Remaining performance obligations more than doubled from the end of the second quarter to $515 million, and new three-year take-or-pay agreements totaled $240.9 million.
1. Quarterly results and agreements
QumulusAI reported a third-quarter 2026 net loss of $14.44 million, 53% wider than a year earlier, while revenue rose year over year to $14.76 million. Remaining performance obligations more than doubled from the end of the second quarter to $515 million. New three-year take-or-pay agreements totaled $240.9 million and cover more than 2,000 NVIDIA Blackwell B300 GPUs.
