WhiteFiber reports Q2 revenue $18.7M, consensus $18.36M

CEO Sam Tabar said: “This is our first earnings release as a standalone public company following our IPO in August. The demand environment for AI infrastructure remains exceptionally strong, with enterprises and research institutions requiring more high-density, reliable capacity to support large-scale model training and deployment. WhiteFiber (WYFI) is well positioned to capture this demand today and into the future as the market evolves. We are one of the few pure-play providers of AI infrastructure that integrates both GPU cloud services and the underlying data center capacity. This combination enables us to deliver performance, reliability, and efficiency at scale as our customers’ needs change and expand over time. In Q2, Cloud remained our largest revenue contributor, growing 33 percent year-over-year with strong margins, while our colocation business expanded with the addition of two new data center sites, NC-1 and MTL-3. The acquisition of NC-1 was a pivotal milestone, giving us a scalable platform with meaningful expansion potential. Demand for NC-1 is strong, with prospective customers seeking capacity beyond the initial phase, and we are working to formalize contracts in the near term.”