Quarterly ResultAug 12, 2026, 07:07 PM
Datacentrex Q2 Revenue $1.9M; GAAP Net Loss $5.5M; Net Cash Burn $61K
AI Summary
Datacentrex, Inc. reported financial results for the second quarter ended June 30, 2026, with revenue of $1.9 million, consistent with the prior year. The company posted a GAAP net loss of $5.5 million, primarily due to higher power costs and challenging digital asset market conditions. Despite these pressures, Datacentrex achieved a significant sequential improvement in Net Cash Burn to $61,000 and an improved Adjusted EBITDA loss of $1.3 million. The company ended the quarter with a strong liquidity position of $57.9 million in cash and digital assets and no debt.
Key Highlights
- Revenue was $1.9 million in Q2 2026, flat compared to Q2 2025.
- GAAP net loss was $5.5 million, or $(0.14) per share, in Q2 2026.
- Net Cash Burn improved to $61,000 in Q2 2026, an 88% improvement from Q1 2026.
- Gross profit was $205,000 (10.7% margin) in Q2 2026, down from $931,000 (48.2% margin) in Q2 2025.
- Adjusted EBITDA loss improved sequentially to $1.3 million from $1.7 million in Q1 2026.
- Cash and digital assets totaled $57.9 million as of June 30, 2026, with no debt.
Price Impact
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