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Powercompute (PWCM) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Powercompute (PWCM) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +0.4% from the quarter before. Operating margin was -182.1%, net loss $4.6M (215.7% of revenue).

Revenue$2.1M
Year over year+10%
Quarter over quarter+0.4%
Operating margin-182.1%
Net earnings−$4.6M

Powercompute, Q2 2026: revenue $2.1M (+10% year over year), operating margin -182.1%, net loss $4.6M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.1M+0.4%+10%
Operating profit−$3.9M—-1010%
Net earnings−$4.6M—-4640%
Operating cash flow−$3.9M——

What changed

Revenue was $2.1M in Q2 2026, up 10% year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $3.9M, an operating margin of -182.1%. Total costs grew 297% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+398%). The quarter ended with a net loss of $4.6M, narrower than the previous quarter's $10.1M loss.

Operating cash flow was −$3.9M. Non-cash charges added back $840K of depreciation and amortization and $199K of share-based compensation. Working capital and other items used $408K. Capital expenditures of $44K exceeded it, leaving free cash flow of −$4.0M.

Questions

What was Powercompute's revenue in the second quarter 2026?

Powercompute (PWCM) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +0.4% from the quarter before.

Was Powercompute profitable in the second quarter 2026?

Operating loss was $3.9M (-182.1% of revenue) and net loss $4.6M.

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Source: Powercompute 10-Q on SEC EDGAR.