QUMULUSAI INC.

QumulusAI released results for the quarter ended June 30, 2026: loss per share was $0.68 (prior year: -$0.37). Revenue rose to $6.7 million, up 117.15% from $3.1 million in the same quarter a year earlier. » More on finanzen.net

QumulusAI agreed to an amendment for its Oklahoma data center that extends the potential term through January 31, 2044. The one‑time option was replaced by three consecutive five‑year renewal options that the company may exercise at its discretion with 60 days' written notice. The site (about 10.57 acres) has 19 MW of contracted power capacity, of which 10 MW are active for blockchain mining and hosting and 9 MW are unused. The amendment also permits on‑site lease financing, which can facilitate project financing for future developments. » More on de.investing.com

QumulusAI reported Q2 2026 revenue up 118% to $6.7 million and a gross margin of 66.6%. The GPU fleet grew to 3,088 units, adjusted EBITDA improved sequentially to a loss of $0.8 million, while reported net loss rose to $22.8 million. Signed contracts total $282.5 million; management cites availability of land, power and datacenter shells as the main constraints on growth. The stock rose intraday by 6.45% to $6.27. » More on de.investing.com