Reports Q1 revenue $64.2M, consensus $45.46M. The increase in revenue was primarily due to $26.3M of revenue generated related to tenant fit-out services associated with the company’s HPC Hosting Business. The company said, “During the quarter ended August 31, 2025, we signed an additional 150 MW lease for our Polaris Forge 1 campus, bringing the full 400 MW of critical IT load under contract with CoreWeave and securing approximately $11 billion in prospective lease revenue over the approximately 15 year terms. We believe this campus has the potential to expand significantly, with additional power allocations expected to push capacity beyond 1 gigawatt starting in 2028 to 2030.”
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