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How Ionic Digital (IOND) makes money
Ionic Digital (IOND) made $48.6M of revenue in the second quarter fiscal 2026 (Q2 FY26), +31% from a year earlier. Digital infrastructure leasing brought in $43.8M (90%); Cryptocurrency mining brought in $4.8M (10%).
Drawing the Sankey…
Revenue by segment, Q2 FY26
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Digital infrastructure leasing | $43.8M | 90.1% | — | — |
| Cryptocurrency mining | $4.8M | 9.9% | — | -87% |
Where each dollar of revenue goes
| Line | Q2 FY26 | % of revenue |
|---|---|---|
| Revenue | $48.6M | 100.0% |
| Income tax | $27.2M | 56.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 FY26 | $48.6M | +31% |
From Ionic Digital's 10-Q filed Sep 1, 2026 (on EDGAR).
Questions
How does Ionic Digital make money?
Ionic Digital (IOND) made $48.6M of revenue in the second quarter fiscal 2026 (Q2 FY26), +31% from a year earlier. Digital infrastructure leasing brought in $43.8M (90%); Cryptocurrency mining brought in $4.8M (10%).
What is Ionic Digital's biggest business?
Digital infrastructure leasing: $43.8M in the second quarter fiscal 2026, 90% of revenue.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.