Sharon AI Q2 FY26 net loss widens to $430.4 million; revenue rises 412% to $1.9 million
SHAZ•Outlook
Management expects revenue to ramp from 3Q 2026 through 2027.
Q2 FY26 results
SharonAI posted 2Q 2026 revenue of $1.9 million, up 412% from 2Q 2025; net loss widened to $430.4 million.
Adjusted EBITDA turned positive to $0.6 million; cash and cash equivalents totaled $1.9 billion at June 30, 2026.
Contracts and capacity
Total contract value reached about $8.8 billion as of Aug. 6, including a $4.9 billion six-year compute collaboration with NVIDIA.
Secured AI Factory capacity rose by 80MW to 212MW.
Non-cash items in net loss
The net loss included $423.8 million of non-cash items, mainly a $400.4 million fair value gain on convertible notes.
