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Csquare (CSQR) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 10, 2026 · Csquare (CSQR) Q2 2026 earnings results →
Q2 2026 Revenue up 14% year over year to $280M · 17¢ of every $1 of revenue lost · operating margin 21.1%
Csquare made $280M in Q2 2026 (+14% Y/Y): Recurring Revenues $248M, Metered Power Revenues $20.1M, Non Recurring Revenues $12.3M. Operating margin 21.1%, net loss $48.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 10, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $280.4M in Q2 2026, up 15% year over year. Colocation was the largest line at 75% of revenue. Colocation added $31.3M year over year (up 17%), 88% of the total change. Interconnection declined 10%.
Operating profit was $59.2M, a 21.1% margin (up 7.4 points year over year). Of the extra revenue versus a year earlier, 72% reached operating profit, above the 14% margin then. Total costs grew 5% against revenue growth of 15%. The fastest-growing cost line was SG&A (+55%). The quarter ended with a net loss of $48.8M. Net interest and other expense of $95.8M was the main reason.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 10, 2026 | $280M | +14% | 21.1% | −$48.8M | — |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Csquare
Csquare is a leading North American digital infrastructure platform providing carrier-neutral colocation and interconnection services that support the applications powering the modern economy. The company owns and operates a geographically diverse portfolio of highly engineered data centers across major metropolitan markets in the United States, Canada and the United Kingdom. Csquare delivers mission-critical infrastructure solutions to a diversified base of enterprise, network, cloud and technology customers. Its facilities provide secure space, resilient power, advanced cooling and dense connectivity ecosystems that enable customers to deploy and operate critical IT infrastructure with confidence.
In its own words, from its 8-K, filed Aug 6, 2026.
Csquare against its Services-Computer Programming, Data Processing, Etc. peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +14% against the peers' median +14%. Operating margin: 21.1% against the peers' median 20.1%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| CSQR Csquare | Q2 2026 | $280M | +14% | 21.1% |
| GOOGL Alphabet | Q3 2026 | $127.6B | +25% | 31.8% |
| META Meta Platforms | Q3 2026 | $64.6B | +26% | 20.1% |
| SPCX Space Exploration Technologies | Q3 2026 | $14.6B | +161% | 19.1% |
| FLUT Flutter Entertainment | Q3 2026 | $3.9B | +2% | -30.7% |
| APP AppLovin | Q3 2026 | $2.2B | +56% | 78.2% |
| SNAP Snap | Q3 2026 | $1.7B | +14% | 4.5% |
| ZM Zoom Communications | Q2 FY27 | $1.3B | +5% | 24.6% |
| PINS Pinterest | Q3 2026 | $1.2B | +12% | 2.6% |
Source: Csquare 10-Q on SEC EDGAR · CIK 2105398 · Services-Computer Programming, Data Processing, Etc.
More on CSQR
History
Every quarter: Q2 2026 results