Quarterly ResultAug 12, 2026, 04:45 PM
Datacentrex Q2 2026 Revenue $1.9M; Net Loss $5.5M; $57.9M Cash
AI Summary
Datacentrex, Inc. reported its second-quarter 2026 financial results, with revenue holding steady at approximately $1.9 million compared to the prior year. The company posted a GAAP net loss of $5.5 million, or $(0.14) per share, primarily due to higher power costs and digital asset market volatility. Despite these challenges, mining operations remained gross-profit positive, and Net Cash Burn significantly improved by 88% sequentially to approximately $61,000. Datacentrex ended the quarter with a strong liquidity position of $51.9 million in cash and $6.0 million in digital assets, totaling $57.9 million, and no debt, positioning it to evaluate future growth opportunities.
Key Highlights
- Revenue was approximately $1.9 million, consistent with Q2 2025.
- GAAP net loss was approximately $5.5 million, or $(0.14) per share.
- Net Cash Burn improved by 88% sequentially to approximately $61,000.
- Gross profit was approximately $205,000, representing a 10.7% gross margin.
- Adjusted EBITDA loss improved 22% sequentially to approximately $1.3 million.
- Ended the quarter with $51.9 million in cash and $6.0 million in digital assets.
- The company reported no debt as of June 30, 2026.
- Operated 3,085 Scrypt ASIC miners with 43.2 TH/s deployed hashrate.
Price Impact
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