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Quarterly ResultAug 11, 2026, 05:32 PM

SharonAI Holdings Q2 Net Loss $(428.3M); Revenue $1.93M

AI Summary

SharonAI Holdings Inc. reported a significant increase in net loss for Q2 2026, reaching $(428.3) million, compared to $(2.6) million in Q2 2025. This substantial loss was primarily driven by a $(400.4) million change in the fair value of convertible notes. Despite the increased loss, the company saw strong revenue growth, rising over 400% to $1.93 million from $0.38 million in the prior year period. For the first half of 2026, net loss widened to $(448.2) million on revenues of $2.23 million.

Key Highlights

  • Q2 2026 revenue increased to $1.93 million from $0.38 million in Q2 2025, a 412% increase.
  • Q2 2026 net loss attributable to the company was $(428.3) million, up from $(2.6) million in Q2 2025.
  • Q2 2026 diluted EPS was $(22.84), compared to $(0.27) in Q2 2025.
  • H1 2026 revenue increased to $2.23 million from $0.70 million in H1 2025, a 217% increase.
  • H1 2026 net loss attributable to the company was $(448.2) million, up from $(4.0) million in H1 2025.
  • H1 2026 diluted EPS was $(27.38), compared to $(0.41) in H1 2025.
  • Loss was significantly impacted by a $(400.4) million change in fair value of convertible notes in Q2 2026.
  • Company issued $1.07 billion in common stock and $438.1 million in pre-funded warrants in Q2 2026.