WhiteFiber reports higher revenue and wider net loss in Q2 2026
WhiteFiber posted Q2 2026 revenue of USD 28.8 million, up 54% from a year earlier; net loss widened to USD 15 million.
Cloud Services revenue rose 43% to USD 23.8 million, including about USD 12.3 million tied to a previously disclosed customer termination.
Colocation revenue more than doubled to USD 4.7 million; remaining performance obligations for colocation totaled about USD 932.9 million at June 30.
Adjusted EBITDA (non-GAAP) increased 69% to about USD 5.5 million; operating loss was USD 9.3 million.
NC-1 began customer deployment with initial billing underway; full contracted run-rate billing across 40 megawatts of IT load expected later this month.
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