Filing Flows › Ionic Digital (IOND) › Q2 FY26
Ionic Digital (IOND) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 1, 2026
Ionic Digital (IOND) reported revenue of $48.6M for the second quarter fiscal 2026 (Q2 FY26), +31% from a year earlier. Operating margin was -16.9%, net loss $35.3M (72.6% of revenue).
Ionic Digital, Q2 FY26: revenue $48.6M (+31% year over year), operating margin -16.9%, net loss $35.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.6M | — | +31% |
| Operating profit | −$8.2M | — | — |
| Net earnings | −$35.3M | — | — |
What changed
Revenue was $48.6M in Q2 FY26, up 31% year over year. Digital infrastructure leasing was the largest line at 90% of revenue. Cryptocurrency mining declined 87%.
Operating costs exceeded revenue by $8.2M, an operating margin of -16.9%. The quarter ended with a net loss of $35.3M.
Questions
What was Ionic Digital's revenue in the second quarter fiscal 2026?
Ionic Digital (IOND) reported revenue of $48.6M for the second quarter fiscal 2026 (Q2 FY26), +31% from a year earlier.
Was Ionic Digital profitable in the second quarter fiscal 2026?
Operating loss was $8.2M (-16.9% of revenue) and net loss $35.3M.
Source: Ionic Digital 10-Q on SEC EDGAR.