Filing Flows › Digi Power X (DGXX) › Q1 2026
Digi Power X (DGXX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Digi Power X (DGXX) reported revenue of $6.8M for the first quarter 2026 (Q1 2026), -27% from a year earlier. Operating margin was -68.5%, net loss $4.7M (68.5% of revenue).
Digi Power X, Q1 2026: revenue $6.8M (-27% year over year), operating margin -68.5%, net loss $4.7M, operating cash flow −$6.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.8M | — | -27% |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$4.7M | — | — |
| Operating cash flow | −$6.4M | — | — |
What changed
Revenue was $6.8M in Q1 2026, down 27% year over year. Energy Service was the largest line at 55% of revenue. Colocation Services lost $2.1M year over year (down 40%), 83% of the total change.
Operating costs exceeded revenue by $4.7M, an operating margin of -68.5%. Total costs grew 5% against a revenue fall of 27%. The fastest-growing cost line was General & admin (+60%). The quarter ended with a net loss of $4.7M.
Operating cash flow was −$6.4M. Non-cash charges added back $1.4M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $4.5M. Capital expenditures of $15.2M exceeded it, leaving free cash flow of −$21.6M.
Questions
What was Digi Power X's revenue in the first quarter 2026?
Digi Power X (DGXX) reported revenue of $6.8M for the first quarter 2026 (Q1 2026), -27% from a year earlier.
Was Digi Power X profitable in the first quarter 2026?
Operating loss was $4.7M (-68.5% of revenue) and net loss $4.7M.
Source: Digi Power X 10-Q on SEC EDGAR.