Bit Digital

Q2 FY2026 EarningsFY26 Q2 results presented a significant top-line beat but a substantial bottom-line miss. Revenue of $32.11M exceeded the $22.61M consensus by 42.02%, primarily driven by the Cloud Services segment and a $12.3M one-time termination fee. However, GAAP EPS of -$0.31 missed the -$0.05 consensus significantly due to $46.0M in impairments on digital intangible assets (LsETH) and $28.8M in losses on digital assets. Operating performance was weighed down by these non-cash items despite strong growth in the HPC data center business.