Filing Flows › WhiteFiber (WYFI) › Q2 2026
WhiteFiber (WYFI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
WhiteFiber (WYFI) reported revenue of $28.8M for the second quarter 2026 (Q2 2026), +55% from a year earlier and +32% from the quarter before. Operating margin was -32.1%, net loss $15.0M (51.9% of revenue).
WhiteFiber, Q2 2026: revenue $28.8M (+54% year over year), operating margin -32.1%, net loss $15.0M, operating cash flow $85.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.8M | +32% | +55% |
| Operating profit | −$9.3M | — | — |
| Net earnings | −$15.0M | — | — |
| Operating cash flow | $85.9M | 27× | — |
What changed
Revenue was $28.8M in Q2 2026, up 55% year over year and up 32% from the previous quarter. Cloud services was the largest line at 83% of revenue. Cloud services added $7.2M year over year (up 43%), 71% of the total change. Other declined 9%.
Gross margin was 58.3%, down 1.3 points from Q2 2025. Operating costs exceeded revenue by $9.3M, an operating margin of -32.1%. Operating expenses grew 29% against revenue growth of 55%. The fastest-growing cost line was Other operating costs (+135%). The quarter ended with a net loss of $15.0M, wider than the previous quarter's $12.0M loss.
Operating cash flow was $85.9M. Non-cash charges added back $6.8M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $90.4M. Capital expenditures of $175.5M exceeded it, leaving free cash flow of −$89.7M.
Questions
What was WhiteFiber's revenue in the second quarter 2026?
WhiteFiber (WYFI) reported revenue of $28.8M for the second quarter 2026 (Q2 2026), +55% from a year earlier and +32% from the quarter before.
Was WhiteFiber profitable in the second quarter 2026?
Operating loss was $9.3M (-32.1% of revenue) and net loss $15.0M.
Source: WhiteFiber 10-Q on SEC EDGAR.