Sharon AI Q2 FY26 net loss widens to $430.4 million; revenue rises 412% to $1.9 million

Reuters2026/08/05 20:27

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SharonAI posted 2Q 2026 revenue of USD 1.9 million, up 412% from 2Q 2025; net loss widened to USD 430.4 million.
Adjusted EBITDA turned positive to USD 0.6 million; cash and cash equivalents totaled USD 1.9 billion at June 30, 2026.
The net loss included USD 423.8 million of non-cash items, mainly a USD 400.4 million fair value gain on convertible notes.
Total contract value reached about USD 8.8 billion as of Aug. 6, including a USD 4.9 billion six-year compute collaboration with NVIDIA.
Secured AI Factory capacity rose by 80MW to 212MW; management expects revenue to ramp from 3Q 2026 through 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SharonAI Holdings Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sharon AI Q2 FY26 net loss widens to $430.4 million; revenue rises 412% to $1.9 million

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