Elauwit Connection

Q2 FY2026 EarningsQ2 FY26 results significantly missed consensus across all key financial metrics, with revenue of $2.86M falling 39.62% short of the $4.73M estimate. The net loss of $3.13M was nearly double the expected $1.62M, leading to a GAAP EPS miss of -$0.47 vs. -$0.24 expected. While recurring internet service revenue surged 81.8% YoY, this was offset by a 65% decline in lumpy network design and installation revenue. A working capital deficit of $0.9M and heavy cash burn raise continued going-concern risks despite recent related-party financing.