PowerCompute | 8-K: FY2026 Q2 Revenue: USD 2.117 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 2.117 M.
EPS: As of FY2026 Q2, the actual value is USD -5.26, missing the estimate of USD -3.5.
EBIT: As of FY2026 Q2, the actual value is USD -3.878 M.
Segment Revenue
PowerCompute, Inc. reported total revenues of $2,116,584 for the three months ended June 30, 2026, an increase of 9.8% year-over-year . Digital mining revenues for Q2 2026 were $2,008,220, up from $1,806,364 in Q2 2025 . Specialty finance revenue decreased to $87,771 from $94,945 in Q2 2025, and rental revenue decreased to $20,593 from $27,015 in Q2 2025 .
For the six months ended June 30, 2026, total revenues were $4,225,551, down from $4,299,661 in H1 2025 . Digital mining revenues for H1 2026 were $3,986,400, down from $4,080,304 in H1 2025 . Specialty finance revenue increased to $195,428 from $162,334 in H1 2025, while rental revenue decreased to $43,723 from $57,023 in H1 2025 .
Operational Metrics
PowerCompute, Inc. reported a net loss of approximately -$4.6 million for Q2 2026, compared to a net income of $0.1 million in Q2 2025 . The net loss attributable to PowerCompute, Inc. was -$4,564,310 for Q2 2026, compared to $100,554 in Q2 2025 . For the six months ended June 30, 2026, the net loss was -$14,681,105, compared to -$5,346,499 for H1 2025 .
The operating loss for Q2 2026 was -$3,855,093, compared to an operating income of $423,515 in Q2 2025 . The operating loss for the six months ended June 30, 2026, was -$10,287,368, compared to -$4,676,325 for H1 2025 .
Total operating costs and expenses for Q2 2026 were $5,971,677, up from $1,504,809 in Q2 2025 . For the six months ended June 30, 2026, total operating costs and expenses were $14,512,919, up from $8,975,986 for H1 2025 .
Core EBITDA loss for Q2 2026 was approximately -$2.8 million, compared to Core EBITDA income of $2.6 million in Q2 2025 . This Core EBITDA loss narrowed from -$8.4 million in Q1 2026 to -$2.8 million in Q2 2026 . The mining margin for Q2 2026 was 29.0%, down from 41.0% in Q2 2025 .
Cash Flow
For the six months ended June 30, 2026, net cash used in operating activities was -$7,222,882, compared to -$5,713,495 in the same period of 2025 . Net cash provided by investing activities was $6,315,278 in 2026, up from $3,106,085 in 2025 . Net cash provided by financing activities was $336,966 in 2026, compared to net cash used of -$417,162 in 2025 . Cash at the end of the period was $853,788 in 2026, compared to $353,580 in 2025 .
Unique Metrics
PowerCompute, Inc. mined 27.9 Bitcoin in Q2 2026, an increase from 26.1 Bitcoin in Q1 2026 and 18.4 Bitcoin in Q2 2025 . In Q2 2026, the company incurred a -$1.3 million negative fair market value adjustment on mined digital assets and a -$1.7 million negative fair market value adjustment on Digital (Bitcoin) accounts receivable . As of August 9, 2026, 318.6 Bitcoin holdings were valued at approximately $20.7 million, while as of June 30, 2026, the same holdings were valued at approximately $18.6 million . The company generated approximately $145,000 in curtailment and energy sales for Q2 2026, compared to $223,000 in Q2 2025 . Subsequent to the quarter end, PowerCompute, Inc. refinanced $18 million of debt, reducing the interest rate from 12% to approximately 2% APR .
Outlook / Guidance
PowerCompute, Inc. has expanded into high-performance computing (HPC) and artificial intelligence (AI) infrastructure, leveraging its 26 megawatts of wholly-owned power infrastructure . A proof-of-concept deployment in Oklahoma is currently underway, which is generating initial revenue through an agreement with Vast.ai . The company aims to enhance its liquidity position and convert its power advantage into contracted compute revenue .
