AI Financial Q2 FY26 net loss widens to $229.56 million; revenue drops to $2.41 million
Reuters2026/08/17 20:02- AI Financial posted a net loss of $229.56 million for the 13 weeks ended June 27, 2026, versus $9.12 million.
- Revenue fell to $2.41 million from $6.38 million, driven by the loss of a large customer.
- An unrealized loss on cryptocurrency assets totaled $285.15 million, reflecting fair-value marking of WLFI tokens.
- Gross profit slipped to $2.36 million from $2.78 million; selling, general and administrative expenses declined to $3.06 million from $4.87 million.
- Fintech operating income rose to $2.62 million from an operating loss of $1.08 million, while Corporate and Other operating loss widened to $3.33 million from $1.02 million.
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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