Filing Flows › DarkHorse Technologies (DRK) › Q3 2026
DarkHorse Technologies (DRK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
DarkHorse Technologies (DRK) reported revenue of $3.0M for the third quarter 2026 (Q3 2026), +16% from a year earlier and +24% from the quarter before. Operating margin was -191.0%, net loss $5.8M (190.6% of revenue).
DarkHorse Technologies, Q3 2026: revenue $3.0M (+16% year over year), operating margin -191.0%, net loss $5.8M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0M | +24% | +16% |
| Operating profit | −$5.8M | — | — |
| Net earnings | −$5.8M | — | — |
| Operating cash flow | −$4.5M | — | — |
What changed
Revenue was $3.0M in Q3 2026, up 16% year over year and up 24% from the previous quarter. Hosting revenue was the largest line at 66% of revenue. Bitcoin declined 61%.
Operating costs exceeded revenue by $5.8M, an operating margin of -191.0%. Total costs grew 32% against revenue growth of 16%. The fastest-growing cost line was General & admin (+121%). The quarter ended with a net loss of $5.8M, narrower than the previous quarter's $13.8M loss.
Operating cash flow was −$4.5M. Non-cash charges added back $608K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $309K.
Questions
What was DarkHorse Technologies' revenue in the third quarter 2026?
DarkHorse Technologies (DRK) reported revenue of $3.0M for the third quarter 2026 (Q3 2026), +16% from a year earlier and +24% from the quarter before.
Was DarkHorse Technologies profitable in the third quarter 2026?
Operating loss was $5.8M (-191.0% of revenue) and net loss $5.8M.