Business UpdateMay 11, 2026, 08:02 AM
Boost Run Begins Nasdaq Trading with $940M Contracted Revenue
AI Summary
Boost Run Inc. announced the commencement of trading of its common stock on The Nasdaq Stock Market LLC. The company reported $940 million in long-term contracted revenue with average contract terms of approximately three years, with the majority already in production. Boost Run expects to maintain free cash flow positive operations and projects at least $375 million in annualized recurring revenue by the end of fiscal year 2026, supported by its expansion to 11 data center locations and over 125MW capacity.
Key Highlights
- Boost Run common stock commenced trading on The Nasdaq Stock Market LLC.
- Secured $940 million in long-term contracted revenue with average contract terms of approximately three years.
- Majority of contracted revenue is currently in production, with the remainder scheduled for FY2026.
- Expects to maintain free cash flow positive operations through ongoing deployments and expansion.
- Forecasts at least $375 million in annualized recurring revenue by the end of FY2026.
- Expanding infrastructure from six to 11 U.S. data center locations, increasing capacity to over 125MW.