Digi Power X | 8-K: FY2026 Q2 Revenue: USD 6.6 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 6.6 M.
EBIT: As of FY2026 Q2, the actual value is USD -10.2 M.
Financial and Operational Metrics for Q2 2026
Revenue
Total revenue for Q2 2026 was approximately $6.6 million. Revenue from colocation services and legacy mining amounted to approximately $3.6 million. Energy sales generated $1.9 million in revenue. GPU rental revenue, representing the company’s initial AI compute revenue from about five weeks of operations, was $1.1 million.
Net Income / Loss
Digi Power X Inc. reported a net loss of approximately - $14.4 million for Q2 2026.
Operating Profit / Adjusted EBITDA
Adjusted EBITDA was approximately $3.3 million, an increase compared to approximately $0.1 million in the prior-year period. EBITDA for the quarter was - $10.2 million.
Balance Sheet and Capital Position
Cash and cash equivalents were $142.4 million as of June 30, 2026, and subsequently increased to approximately $150 million as of August 14, 2026. Total assets stood at $279.6 million as of June 30, 2026. Shareholders’ equity was $265.0 million on June 30, 2026. The combined total of property, plant and equipment, net, and long-term amounts assets reached $127.5 million. Year-to-date capital investment and equipment deposits totaled approximately $110 million.
Operational Metrics
Approximately $30 million was invested in GPU infrastructure, which represents about 0.6 MW of deployed AI compute capacity. Digi Power X Inc. has approximately $1.1 billion of contracted AI data center future revenue, with an option to expand this to approximately $2.5 billion. The NeoCloudz B300 GPU bare-metal infrastructure maintained 100% uptime since May 2026. US Data Centers Inc., a subsidiary where Digi Power X Inc. holds approximately a 48% ownership interest, raised outside capital at a $125 million pre-money valuation during Q2 2026.
2027 Outlook
Digi Power X Inc. is targeting an annualized revenue run-rate of approximately $250 million to $300 million by Q3 2027, supported by an expected $140 million annualized contracted revenue run-rate during 2027 based on existing customer contracts and scheduled deployments. The company also plans to add approximately 40 MW of additional colocation capacity and 10 MW of additional GPU bare-metal compute capacity during 2027.
