--- title: "Elauwit Connection | 8-K: FY2026 Q2 Revenue: USD 2.856 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/296221565.md" datetime: "2026-08-18T11:33:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296221565.md) - [en](https://longbridge.com/en/news/296221565.md) - [zh-HK](https://longbridge.com/zh-HK/news/296221565.md) generator: "portal-rs" --- # Elauwit Connection | 8-K: FY2026 Q2 Revenue: USD 2.856 M Revenue: As of FY2026 Q2, the actual value is USD 2.856 M. EPS: As of FY2026 Q2, the actual value is USD -0.47. EBIT: As of FY2026 Q2, the actual value is USD -3.1 M. #### Financial Highlights for Three Months Ended June 30, 2026 vs. June 30, 2025 Elauwit Connection, Inc. reported revenues of $2.9 million for the three months ended June 30, 2026, a decrease from $5.3 million for the same period in 2025, representing a 46% decrease, or - $2.5 million, year-over-year . Gross profit for the three months ended June 30, 2026, was $0.4 million, down from $0.8 million in the prior year period . Operating expenses increased to $3.5 million for the three months ended June 30, 2026, compared to $1.5 million for the same period in 2025 . The company recorded a net loss of - $3.1 million for the three months ended June 30, 2026, compared to a net loss of - $0.9 million for the three months ended June 30, 2025 . Adjusted EBITDA (Non-GAAP) was - $3.1 million for the three months ended June 30, 2026, compared to - $0.7 million for the same period in 2025 . #### Financial Highlights for Six Months Ended June 30, 2026 vs. June 30, 2025 Revenues for the six months ended June 30, 2026, were $7.3 million, down from $10.8 million for the six months ended June 30, 2025 . Gross profit was $1.3 million for the six months ended June 30, 2026, compared to $2.1 million for the six months ended June 30, 2025 . Operating expenses increased to $6.6 million for the six months ended June 30, 2026, from $3.2 million for the prior year period . Elauwit Connection, Inc. reported a net loss of - $5.3 million for the six months ended June 30, 2026, compared to a net loss of - $1.3 million for the six months ended June 30, 2025 . Adjusted EBITDA (Non-GAAP) was - $5.2 million for the six months ended June 30, 2026, compared to - $1.1 million for the same period in 2025 . #### Balance Sheet Highlights As of June 30, 2026, cash and cash equivalents totaled $1.2 million, a decrease from $6.2 million as of December 31, 2025 . Accounts receivable, net, increased to $3.6 million as of June 30, 2026, from $2.4 million as of December 31, 2025 . Inventories increased to $2.9 million as of June 30, 2026, from $1.0 million as of December 31, 2025 . Current deferred revenue increased to $5.3 million as of June 30, 2026, from $2.9 million as of December 31, 2025 . Total liabilities increased to $10.9 million as of June 30, 2026, from $7.5 million as of December 31, 2025 . Total stockholders’ equity (deficit) was - $757 thousand as of June 30, 2026, compared to $4.4 million as of December 31, 2025 . #### Operational Metrics Contracted units increased to 42,687 as of June 30, 2026, representing a 16% sequential increase from March 31, 2026, and a 33% year-over-year increase from June 30, 2025 . Activated units reached 27,134 as of June 30, 2026, an 11% sequential increase from March 31, 2026, and a 94% year-over-year increase from June 30, 2025 . Billed units totaled 22,967 as of June 30, 2026, representing a 15% sequential increase from March 31, 2026, and a 163% year-over-year increase from June 30, 2025 . Backlog stood at $38.9 million as of June 30, 2026, up from $36 million as of June 30, 2025 . #### Outlook and Guidance Elauwit Connection, Inc. anticipates new construction in 2026 to be weighted towards the second half of the year, expecting an uptick in both construction and recurring service revenue from its growing base of activated and billed units . The company projects initial operating cost and margin benefits from new investments to appear in the third and fourth quarters of 2026 as it focuses on cost-efficiency . Furthermore, Elauwit Connection, Inc. expects to exceed 50,000 contracted units by year-end, representing an annualized increase of over 46% for 2026 . ### Related Stocks - [ELWT.US](https://longbridge.com/en/quote/ELWT.US.md) ## Related News & Research - [Acteos delays H1 2026 results release to Oct. 28](https://longbridge.com/en/news/298618428.md) - [HPS/PayMedix Named a 2026 Best and Brightest Company to Work For](https://longbridge.com/en/news/298358823.md) - [Annaly Capital declares Q3 2026 dividend of $0.75 per share](https://longbridge.com/en/news/298499808.md) - [Essex Property Trust declares Q3 2026 dividend of R$ 0.89 per unit](https://longbridge.com/en/news/298322539.md) - [Tractor Supply declares R$ 0.05 per-unit dividend for Q3 2026](https://longbridge.com/en/news/298615733.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**