earnings
confidence high
sentiment positive
materiality 0.70
Digi Power X Q1 net loss widens to $4.7M but adjusted EBITDA turns positive; signs $1.1B colo deal
Digi Power X Inc.
2026-Q1 EPS reported
-$0.07
revenue$6,791,346
- Net loss of $4.7M in Q1 2026 vs $1.6M loss in Q1 2025; revenue fell to $6.8M from $9.3M due to legacy wind-down.
- Adjusted EBITDA of $1.1M, a $2.4M improvement from $(1.3)M in Q1 2025.
- Signed a $1.1B, 10-year AI colocation agreement with a leading AI infrastructure company.
- Cash and equivalents of $73M at Q1 end, zero long-term debt; post-quarter cash ~$125M plus $15M in digital assets.
- NeoCloudz GPU-as-a-Service launched with first revenues in May 2026 from NVIDIA B200/B300 GPUs; $45M YTD capex deployed.
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