Filing Flows › Nakamoto (NAKA) › Q2 2026
Nakamoto (NAKA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Nakamoto (NAKA) reported revenue of $35.9M for the second quarter 2026 (Q2 2026), up 88-fold from a year earlier and up 13-fold from the quarter before. Operating margin was -415.6%, net loss $133M (370.8% of revenue).
Nakamoto, Q2 2026: revenue $35.9M (88× year over year), operating margin -415.6%, net loss $133M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.9M | 13× | 88× |
| Operating profit | −$149M | — | — |
| Net earnings | −$133M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $35.9M in Q2 2026, up 8680% year over year and up 1239% from the previous quarter.
Operating costs exceeded revenue by $149.1M, an operating margin of -415.6%. Total costs grew 6505% against revenue growth of 8680%. The fastest-growing cost line was Other operating costs (+10639%). The quarter ended with a net loss of $133.0M, narrower than the previous quarter's $238.8M loss.
Operating cash flow was −$3.3M. Non-cash charges added back $2.4M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $125.1M.
Questions
What was Nakamoto's revenue in the second quarter 2026?
Nakamoto (NAKA) reported revenue of $35.9M for the second quarter 2026 (Q2 2026), up 88-fold from a year earlier and up 13-fold from the quarter before.
Was Nakamoto profitable in the second quarter 2026?
Operating loss was $149M (-415.6% of revenue) and net loss $133M.
Source: Nakamoto 10-Q on SEC EDGAR.