earnings
confidence high
sentiment neutral
materiality 0.70
Corvex Q2 revenue $3.8M, net loss $12.8M; contracted ARR ~$22M
Corvex, Inc.
2026-Q2 EPS reported
-$8.59
revenue$4,312,000
- Q2 revenue $3.8M vs $103K prior year; net loss $12.8M ($5.12/share) vs $3.2M loss.
- Adjusted EBITDA -$3.2M; cash $21.7M; deferred revenue $3.7M.
- Contracted annualized revenue on live compute ~$22M as of Aug 14, 2026.
- Completed transfer of legacy healthcare assets to lender, extinguishing Bridge Loan, $2.5M gain.
- Appointed CFO Chance Moreland, VP Michael Craig; added two board members; simplified capital structure.