Safe Harbor Q2 FY26 net loss widens to $1.5 million; revenue rises 4.8% to $1.9 million
SHFS•Management investment priorities
Management said it is investing in consulting and managed services, a pooled employer 401(k) plan, and a new Infrastructure-as-a-Service model for financial institutions.
Deposits and liquidity at June 30
Average deposit balances rose 6.8% to $108.4 million, while cash and cash equivalents totaled $5.7 million at June 30.
Q2 revenue rises while net loss widens
SHF Holdings posted Q2 2026 revenue of $1.93 million, up 4.8% year over year, while net loss widened to $1.51 million.
Loan program income increases, account fee income declines
- Loan program income climbed 50.7% from a year earlier to about $0.8 million, reflecting a higher revenue share under its Partner Colorado Credit Union agreement.
- Account fee income fell 18.4% to about $0.8 million, primarily on lower revenue from a merchant service partner.
