Hyperscale Data

Q2 FY2026 EarningsQ2 FY26 revenue of $34.8M significantly missed the consensus expectation of $44.0M by 20.8%. The Defense segment provided a substantial tailwind following the reconsolidation of Gresham, but this was offset by a -225% YoY decline in Fintech revenue due to non-cash unrealized losses. While the company secured a major $1.2B AI data center services agreement, high operating expenses and significant crypto impairment charges led to a GAAP net loss of $19.0M, contributing to ongoing substantial doubt regarding the company's ability to continue as a going concern.