WhiteFiber Q1 FY26 net loss widens to $12.04 million; revenue rises 30.75% to $21.92 million

Bit Digital, Inc.
WhiteFiber

Bit Digital, Inc.

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WhiteFiber

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  • WhiteFiber posted a Q1 net loss of USD 12.04 million, swinging from net income in the year-ago quarter, while revenue rose 30.75% to USD 21.92 million.
  • Operating loss widened to USD 11.02 million as total operating expenses climbed to USD 32.94 million.
  • Adjusted EBITDA slipped to USD 3 million from USD 5.99 million a year earlier.
  • Accounts receivable jumped to USD 91.72 million from USD 23.92 million at year-end, while cash and cash equivalents fell to USD 75.78 million from USD 114.44 million.
  • NC-1 Services Agreement with Nscale carried about USD 865 million of contracted revenue over 10 years, with billing expected to start in Q2 and full revenue contribution expected in Q3 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WhiteFiber Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-056212), on May 14, 2026, and is solely responsible for the information contained therein.

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