Digi Power X Reports First Quarter 2026 Financial Results
Digi Power X signed a $1.1 billion, 10-year AI colocation agreement with a leading AI infrastructure company, securing long-term contracted revenue for its Columbiana facility. The company reported Q1 2026 revenue of $6.8 million, down from $9.3 million in Q1 2025, as it deliberately winds down legacy operations to transition to AI compute and colocation. GAAP net loss widened to $4.7 million, but Adjusted EBITDA turned positive at $1.1 million. Digi Power X holds approximately $125 million in cash and $15 million in digital assets with zero long-term debt.
Key figures
- Revenue
- 6800000
- Guidance
- FY27 revenue $250M-$300M; AI colocation $80M-$100M from signed deal; NeoCloudz GPU-as-a-Service up to $100M ARR; Energy sales ~$12M
- Revenue Yoy
- -27%
- Deal Value Usd
- 1100000000
- Ytd capex
- 45000000
- Rsus granted
- 1730000
- Long term debt
- 0
- Adjusted ebitda
- 1100000
- Working capital
- 67200000
- Net fixed assets
- 26400000
- Cash and equivalents
- 125000000
- Digital assets value
- 15000000
- Stock options granted
- 650000
AI analysis
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