Monitor power cost trends and digital asset market conditions for further margin pressure. The cash burn improvement is encouraging but the company remains unprofitable with a widening GAAP loss. Watch for any fleet expansion or diversification announcements that could signal a strategic pivot.
Price Chart
Executive Summary
Datacentrex reported Q2 2026 revenue of $1.9M (flat YoY) and a GAAP net loss of $5.5M, widening from a $1.5M loss in Q2 2025. Gross margin collapsed to 10.7% from 48.2% due to higher power costs, and the company introduced a new non-GAAP metric, Net Cash Burn, which improved to ~$61K from ~$496K sequentially. The stock is unlikely to move materially given the lack of consensus estimates and the small revenue base, though the cash burn improvement is a modest positive.
Key Financial Metrics
Key Facts
- Q2 2026 revenue of $1.9M, flat YoY vs $1.9M in Q2 2025
- GAAP net loss of $5.5M ($0.14/share) vs $1.5M loss in Q2 2025
- Gross margin fell to 10.7% from 48.2% YoY due to higher power costs
- Net Cash Burn (new non-GAAP metric) improved to ~$61K from ~$496K in Q1 2026
- Cash and digital assets totaled $57.9M as of June 30, 2026, with no debt
- Operating expenses rose to $5.0M from $2.4M YoY, driven by $3.3M depreciation and $851K stock-based compensation
- Adjusted EBITDA loss of $1.3M improved sequentially from $1.7M in Q1 2026
Financial Impact
Revenue flat at $1.9M; net loss widened by $4.0M YoY; gross margin declined 37.5 percentage points
Risk Factors
- Continued high power costs could further compress gross margins
- Digital asset market volatility may lead to additional unrealized losses
- Widening GAAP net loss and negative operating cash flow of $4.99M in H1 2026
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3344165 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | DEFA14A | $1.43 | awaiting T+20 | — | $1.23 (−13.99%) |
Oct 15, 2026 11d ago | DEF 14A | $1.43 | awaiting T+20 | — | $1.23 (−13.99%) |
Oct 14, 2026 12d ago | 8-K | $1.54 | awaiting T+20 | — | $1.23 (−20.13%) |
Aug 31, 2026 8w ago | 8-K | $2.22 $1.78 | ▼ −20.05% | ▼ −19.86% | $1.23 (−44.59%) |
Aug 24, 2026 9w ago | 8-K | $2.92 $2.07 | ▼ −29.11% | ▼ −30.42% | $1.23 (−57.88%) |
Aug 12, 2026 10w ago | Press Release | $1.92 $2.02 | ▼ −5.21% | ▼ −6.96% | $1.23 (+35.94%) |
May 14, 2026 23w ago | 8-K | $2.26 $2.15 | ▼ −4.87% | ▼ −6.99% | $1.23 (−45.58%) |
May 14, 2026 23w ago | Press Release | $2.26 $2.15 | ▼ −4.87% | ▼ −6.99% | $1.23 (−45.58%) |
Apr 13, 2026 28w ago | 8-K | $2.40 $2.39 | ▼ −0.42% | ▼ −6.71% | $1.23 (−48.75%) |
Apr 13, 2026 28w ago | Press Release | $2.40 $2.39 | ▼ −0.42% | ▼ −6.71% | $1.23 (−48.75%) |
US Market Status
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