AIAI Q2 FY26 net loss widens to $40.93 million; revenue falls 11% to $58.28 million vs Q2 FY25
Reuters2026/08/14 21:28- AIAI Holdings posted a GAAP net loss of USD 40.93 million for the three months ended June 30, 2026, swinging from profit.
- Revenue fell 11% to USD 58.28 million, on weaker construction activity in the predecessor business.
- Operating loss widened to USD 45.47 million, driven by USD 20.6 million in acquisition-related costs and higher amortization.
- Non-GAAP adjusted EBITDA turned negative at USD 2.52 million.
- Cash and cash equivalents were USD 11.2 million at June 30, 2026; working capital surplus rose to USD 26.5 million.
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