Digi Power X Revenue Drops, Net Loss Widens Amid Shift to AI
Digi Power X Inc., [DGXX], has released its Q2 2026 financial results, showing revenue of $6.63M, down from $8.11M in the same quarter last year. The company reported a net loss of $14.36M for the quarter, an improvement over the net loss of $9.70M in the prior-year quarter.
The diluted earnings per share (EPS) was $(0.17), compared to $(0.29) in the same period last year. The company is shifting its revenue mix from Bitcoin mining towards AI and colocation, with its first AI revenues recognized in Q2 2026.
Digi Power X has placed $50M of Tier III AI data center assets into service during the quarter, increasing depreciation and capacity. The company signed a 24-month GPU rental agreement with SubQ AI worth $19.6M and progressed a potential 10-year Cerebras colocation agreement valued at up to $1.1B.
The company launched NeoCloudz GPU-as-a-Service and deployed the ARMS 200 modular AI pod and an NVIDIA B200 GPU cluster. Digi Power X secured additional power capacity in New York, bringing its total available capacity to 201.7 MW and a roadmap to support 55 MW of AI load by Q4 2026.