Corvex Q2 FY26 net loss widens to $12.8 million; revenue rises to $3.8 million

Reuters2026/08/14 20:20

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Corvex posted Q2 revenue of USD 3.8 million; operating loss widened to USD 15.22 million from USD 3.26 million a year earlier.
Net loss attributable to common stockholders widened to USD 12.82 million, or USD 5.12 per share, from USD 3.23 million, or USD 3.05 per share.
Adjusted EBITDA loss under GAAP narrowed to USD 3.15 million from USD 2.48 million; stock-based compensation totaled USD 9.4 million.
Deferred revenue climbed to USD 3.7 million at June 30 from USD 12,000 at Dec. 31, reflecting contracted AI compute capacity.
Contracted annualized recurring revenue on live compute was about USD 22 million as of today; Token Factory v1 entered closed alpha.

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. Corvex Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608141620PR_NEWS_USPR_____PH26960) on August 14, 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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Corvex Q2 FY26 net loss widens to $12.8 million; revenue rises to $3.8 million

You may also like

Crypto prices