Inferra AI / Company / CSQR
Csquare, Inc.
CSQR · Information Technology
Last earnings Aug 6, 2026
Key results
Revenuequarter
14.5%
Revenue Increased 14.5% Year-Over-Year, Record Bookings of $64.7 Million, Net Loss of $48.8 Million Reflects Pre-IPO Capital Structure, and Adjusted EBITDA Grew 21% to $120.3M Second Quarter Highlights •
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Total revenuequarter
14.5%
• Total revenue increased 14.5% year-over-year to $280.4 million , driven by continued strength in the Company’s core colocation business and recurring infrastructure services.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Colocation revenuequarter
17.5%
• Colocation revenue increased 17.5% year-over-year to $210.6 million , reflecting sustained customer demand and deployment activity.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
We delivered 14.5% revenue growth, achieved a record $64.7 million in bookings, increased Adjusted EBITDA by 21%, and continued to benefit from strong demand for our carrier-neutral digital infrastructure platform.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Second Quarter 2026 Results Summary Revenues Revenue excluding metered power increased 12.3% to $260.2 million , underscoring the continued strength of the Company's recurring revenue base and customer expansion activity.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Second quarter total revenue increased 14.5% year-over-year to $280.4 million , compared to $244.8 million in the prior-year period.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
• Improved customer retention , with quarterly net revenue churn declining to 2.4% , compared to 2.9% in the prior-year period, reflecting continued customer satisfaction and the resilience of the Company's recurring revenue base.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Net revenuequarter
107%
Key Business Metrics Q2 2026 Q2 2025 Contracted Power Capacity (MW) 410 MW 285 MW Sellable Power Capacity (MW) 385 MW 328 MW Contracted Power Sold (%) 107% 87% Net Revenue Churn (%) 2.4% 2.9% Bookings (Annualized) $64.7 M $49.4 M Non-GAAP Financial Measures This earnings release contains certain non-GAAP financial measures, including Adjusted EBITDA and FFO.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
AI analysis
Q2 2026 · reported Aug 6, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 14.5% | — | — |
| Total revenue | 14.5% | — | — |
| Colocation revenue | 17.5% | — | — |
| Net revenue | 107% | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
• Net loss of $48.8 million, primarily reflecting higher interest expense associated with debt issued prior to IPO reduction in debt levels .
Event summary
Our second quarter results demonstrate the disciplined execution by our team and the continued strength of Csquare's platform, said Spencer Mullee, Chief Executive Officer of Csquare
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
• Net loss of $48.8 million, primarily reflecting higher interest expense associated with debt issued prior to IPO reduction in debt levels .
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
After quarter end, the Company completed its initial public offering and used a significant portion of the proceeds to repay debt, eliminating approximately $63 million of annualized interest expense .
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
2026 Guidance Summary Metric 2026 Outlook Total Revenue $1,130 – $1,170 million Adjusted EBITDA $460 – $480 million Recurring Capital Expenditures $55 - $65 million Non-Recurring Growth Capital Expenditures $610 - $660 million* * - Includes two new large deals signed at end of Q2 The Company does not provide a reconciliation of forward-looking Adjusted EBITDA because certain items that affect the comparable GAAP measure cannot be reasonably provided without unreasonable effort.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
• Continued investing in long-term growth , deploying $128 million of growth capital expenditures during the quarter while investing an additional $15 million in recurring capital expenditures to maintain and enhance the Company's core infrastructure platform.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
The debt repayment is expected to reduce the Company's annual interest expense by approximately $63 million , improving future earnings and cash flow.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Adjusted EBITDA We define Adjusted EBITDA as net (loss) income, excluding (i) income taxes, (ii) interest expense, (iii) depreciation and amortization, (iv) gain on lease modification, (v) loss on extinguishment of debt, (vi) bargain purchase gain, (vii) other income (loss), net, and (viii) transaction and other costs.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Strategy & priorities
We also reached an important milestone with the successful completion of our initial public offering in July, positioning Csquare with enhanced financial flexibility to support our long-term growth strategy.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
We believe our diversified portfolio, disciplined capital allocation strategy, and deep customer relationships position Csquare to capitalize on these long-term secular growth trends while creating sustainable value for shareholders.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Second Quarter 2026 Results Summary Revenues Revenue excluding metered power increased 12.3% to $260.2 million , underscoring the continued strength of the Company's recurring revenue base and customer expansion activity.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Growth was driven by continued demand for the Company's colocation platform, customer deployments across existing and newly acquired facilities, and expansion of recurring infrastructure services.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Quarterly bookings represent the annualized value of new and expansion customer contracts executed during the quarter and serve as a leading indicator of future recurring revenue growth.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Risks & headwinds
Forward-looking statements are based on management's current expectations and assumptions and are subject to risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
These risks and uncertainties include, among others, changes in general economic conditions; our concentration in certain geographic areas; demand for colocation and connectivity services; competition; the availability of utility power, fiber connectivity and other critical infrastructure; customer demand and retention; our customer concentration; the pace and extent of AI adoption; a long sales cycle for our products and services; the Company's ability to execute its growth strategy and expansion projects; capital market conditions; regulatory developments; cybersecurity incidents; and the other risks described in the Company's filings with the U.
SEC original ↗Csquare, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2026
Legal Proceedings 38 Item 1A.
SEC original ↗Csquare, Inc. — 10-Q Quarterly report10-QAug 10, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
4 documentsEarnings releases
1 document- Q2 2026
- EX-99CSQR
Presentations
0 documentsNo presentations for Csquare, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Csquare, Inc. are held in this edition of the library.
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