Monitor quarterly contract conversions and progress toward the $400M ARR exit target; the $1.9B TCV and $1B in new contracts suggest strong demand, but execution on infrastructure buildout and GPU supply chain remain key. Watch for margin improvement as the company scales.
Price Chart
Executive Summary
Boost Run reported Q2 2026 revenue of $31.1M (+270% YoY), its first earnings as a public company, and disclosed $1.9B total contract value with over $1B in new contracts signed during the quarter. The company guided to ~$400M ARR by fiscal year-end and a 15-20% net cash flow margin target, signaling strong demand for its GPU cloud infrastructure.
Key Financial Metrics
Key Facts
- Q2 2026 revenue $31.1M, up 270% from $8.4M in prior year period
- Total contracted revenue (TCV) stands at $1.9 billion
- Over $1 billion in contracts signed during Q2 2026
- Unrestricted cash balance $120.2M as of June 30, 2026
- Fiscal 2026 ARR target of approximately $400 million
- Net cash flow margin target of 15% to 20% in forward periods
- Business combination completed May 8, 2026, net proceeds $114.1M
- Operating six data centers with three more coming online; total power accessibility 253MW
- $1.44B purchase agreement with Dell and additional $4-5B in compute hardware procurement
Financial Impact
Revenue grew 270% YoY to $31.1M; TCV of $1.9B provides multi-year revenue visibility; ARR target of $400M implies ~13x current quarterly run-rate
Risk Factors
- Execution risk on scaling data center capacity and energizing hardware
- GPU supply chain constraints and reliance on NVIDIA partnerships
- Customer concentration and contract cancellations
- High capital expenditure requirements and potential dilution
- No profitability timeline provided; negative EPS expected
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-038014 |
| Exhibit: ex99-1.htm | 0001493152-26-038014 |
| Document: 0001493152-26-038014-index-headers.html | 0001493152-26-038014 |
| Document: 0001493152-26-038014-index.html | 0001493152-26-038014 |
| Document: 0001493152-26-038014.txt | 0001493152-26-038014 |
| 8-K Data (Synthetic) | 0001493152-26-038014 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d ago | EFFECT | $8.47 | awaiting T+5 | — | $8.29 (−2.13%) |
Oct 6, 2026 20d ago | 3 | $13.75 $9.65 | ▼ −29.82% | ▼ −28.84% | $8.29 (−39.71%) |
Oct 6, 2026 21d ago | 8-K | $15.17 $11.47 | ▼ −24.39% | ▼ −24.25% | $8.29 (−45.35%) |
Oct 5, 2026 21d ago | 8-K | $15.17 $11.47 | ▼ −24.39% | ▼ −24.25% | $8.29 (−45.35%) |
Aug 19, 2026 9w ago | 424B5 | $19.01 $18.19 | ▲ +4.31% | ▲ +3.93% | $8.29 (+56.39%) |
Aug 14, 2026 10w ago | 8-K | $22.93 $19.51 | ▼ −14.91% | ▼ −13.55% | $8.29 (−63.85%) |
Jul 27, 2026 13w ago | 8-K | $19.36 $20.04 | ▲ +3.51% | ▲ +2.44% | $8.29 (−57.18%) |
Jul 13, 2026 15w ago | EFFECT | $25.68 $24.42 | ▼ −4.91% | ▼ −4.12% | $8.29 (−67.72%) |
Jul 6, 2026 16w ago | 8-K | $32.31 $28.44 | ▼ −11.98% | ▼ −12.47% | $8.29 (−74.34%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers