WhiteFiber(NASDAQ) WYFI

WhiteFiber, Inc. runs data centers that provide the power needed for artificial intelligence. It helps companies process massive amounts of data by renting out high-speed computer chips. These services let businesses build AI tools without buying expensive hardware themselves.

Powering the AI Revolution

• Cloud Services: Rental of high-speed computer processors called Graphics Processing Units for AI tasks; generated $23.8 million in revenue for the three-month period ended June 30, 2026.
• Colocation Services: Rental of space, cooling, and electricity in secure data centers for customers who own their own hardware; generated $4.7 million in revenue for the three-month period ended June 30, 2026.
• Managed Hosting: Specialized data center solutions for high-performance computing needs such as training machine learning models; has not yet generated material revenue.

Building a Global Digital Network

• Acquired Enovum on Oct. 11, 2024, to establish a physical data center business and infrastructure footprint.
• Entered into a 10-year service agreement with Nscale in Nov. 2025 for colocation services at the NC-1 facility.
• Completed the purchase of the MTL-3 data center facility in Quebec on May 8, 2026, to expand capacity.
• Signed a five-year agreement in May 2026 to provide computing infrastructure for a technology customer in France.
• Secured a syndicated credit agreement on July 6, 2026, providing up to $80.8 million to fund data center operations.

The Advantage of Total Control

WhiteFiber uses a vertically integrated model to manage both the physical data center buildings and the high-speed chips inside them. This approach allows the company to handle the extreme heat and power needs of artificial intelligence workloads more efficiently.

Key Figures and Fiscal Trends

• Total revenue was $28.8 million in the quarter ended June 30, 2026, up from $18.7 million in the same period of 2025.
• Net loss reached $27.0 million for the six-month period ended June 30, 2026.
• Cash and cash equivalents totaled $56.1 million as of June 30, 2026.
• Short-term and long-term debt increased to $83.2 million as of June 30, 2026, due to new credit facilities.
• Adjusted EBITDA, a non-GAAP measure of core earnings, was $8.5 million for the six-month period ended June 30, 2026.

The Final Word

WhiteFiber has transformed from a spin-off company into an integrated provider of physical and digital infrastructure for artificial intelligence. By combining owned data centers with specialized chip rentals, it has created a platform to support the growing computational needs of global tech firms.