NASDAQ$WYFI

WhiteFiber Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

WhiteFiber reported Q1 2026 revenue of $18.7M in data center infrastructure development.

For the three months ended March 31, 2026, WhiteFiber reported revenue of approximately $18.7 million related to data center development, powered shell, and related infrastructure services. As a recently public data center operator, the company is scaling powered shell and colocation projects with significant capex and financing needs disclosed in MD&A.

  • Revenue ~$18.7M in first full Q1 as public reporter.
  • Data center powered shell and development focus.
  • High capital intensity and project-based revenue recognition.
  • Customer pre-leasing and utility access drive timelines.
  • Interest expense on construction financing affects net income.

Headline financials

Total Revenue

$21.9M

No prior period
EPS

-$0.31

No prior period
Capital Expenditures

-$169M

No prior period
Free Cash Flow

-$166M

No prior period
Net Income

-$12M

No prior period
Operating Income

-$11M

No prior period
Gross Profit

$12.8M

No prior period
Cash & Equivalents

$75.8M

No prior period
Total Assets

$796M

No prior period

Revenue & EPS history

WhiteFiber Inc · Revenue · Quarterly

$21.9M

Q1 2026
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Development-stage data center REIT/operator; guidance centers on MW delivered, project COD dates, and capex funding.

Tailwinds

  • AI and cloud demand tailwinds for powered shell capacity.
  • Early revenue ramp post-IPO.

Headwinds

  • Project delays risk revenue recognition.
  • Rising construction and power costs.
  • Financing markets sensitivity for growth capex.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 1 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+2.3%

Avg return

Earnings day

+4.6%

Avg return

5 days after

+10.1%

Avg return

30 days after

67%

2 / 3 earnings

Positive

+10.9%

Q1 2026

Best reaction

-12.6%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.9%-5.7%-8.7%
Q3 2025-12.6%-25.9%-18.1%
Q2 2025+8.7%+45.3%+57.0%

Discussion

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