Inferra AI / Company / IOND
Ionic Digital Inc.
IOND · Financials
Last earnings Aug 19, 2026
Key results
Key Results Total revenuequarter
$48.6 million
Second Quarter 2026 Key Results Total revenue was $48.6 million, an increase of 31% year-over-year, and comprised of 90% digital infrastructure leasing revenue.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Conflicting figures recorded for this item — see “Conflicting figures” below.
Revenuequarter
90%
Second Quarter 2026 Key Results Total revenue was $48.6 million, an increase of 31% year-over-year, and comprised of 90% digital infrastructure leasing revenue.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Conflicting figures recorded for this item — see “Conflicting figures” below.
Net incomequarter
$(35,305) thousand
Net income (loss) $ (35,305) $ 31,914 $ (48,289) $ 3,883
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
AI analysis
Q2 2026 · reported Aug 19, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Key Results Total revenue | $48.6 million | — | — |
| Revenue | 90% | — | — |
| Net income | $(35,305) thousand | — | — |
Guidance · company-stated
Direction: Reiterated
“2026 Outlook Ionic Digital is reaffirming its full year 2026 outlook.”
Classified from the release's primary full-year outlook statement.
Capital allocation
htm EX-99.1 Document Exhibit 99.1 Ionic Digital Announces Second Quarter 2026 Results Cash payment commenced in August 2026 for 234 megawatts (MW) of operating capacity at Ward County campus Progressing substation upgrades and pre-development work to expand capacity to 700 MW at Ward County campus Substantial liquidity and no outstanding borrowings WASHINGTON August 19, 2026 Ionic Digital Inc.
Event summary
Second Quarter 2026 Key Results Total revenue was $48.6 million, an increase of 31% year-over-year, and comprised of 90% digital infrastructure leasing revenue
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Reiterated
Company outlook — Reiterated (“reaffirming”)
“2026 Outlook Ionic Digital is reaffirming its full year 2026 outlook.”
Classified from the release's primary full-year outlook statement.
Capital allocation
htm EX-99.1 Document Exhibit 99.1 Ionic Digital Announces Second Quarter 2026 Results Cash payment commenced in August 2026 for 234 megawatts (MW) of operating capacity at Ward County campus Progressing substation upgrades and pre-development work to expand capacity to 700 MW at Ward County campus Substantial liquidity and no outstanding borrowings WASHINGTON August 19, 2026 Ionic Digital Inc.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Capital Expenditures were $5.8 million primarily related to equipment for the ongoing expansion of the Company s substation at the Ward County campus.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
The Company had no outstanding borrowings as of June 30, 2026.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
government securities, and repurchase agreements collateralized by such securities.
SEC original ↗Ionic Digital Inc. — 10-Q Quarterly report10-QSep 1, 2026
The Company has certain customers and vendors who individually represent 10% or more of the Company s revenue or capital expenditures.
SEC original ↗Ionic Digital Inc. — 10-Q Quarterly report10-QSep 1, 2026
Conflicting figures recorded for this item — see “Conflicting figures” below.
All cryptocurrency asset holdings are classified as current assets in the accompanying balance sheets due to the Company s ability to sell the cryptocurrency assets in a highly liquid marketplace and its intent to liquidate its cryptocurrency assets to support operations, capital expenditures, or for treasury management as needed.
SEC original ↗Ionic Digital Inc. — 10-Q Quarterly report10-QSep 1, 2026
Strategy & priorities
At Ward County, 234 MW of existing capacity is contracted, and we are progressing the substation upgrades and pre-development work as planned to support expansion of the campus to 700 MW by the end of 2027, subject to ERCOT approval and completion of two utility infrastructure projects which are under construction.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Capital Expenditures were $5.8 million primarily related to equipment for the ongoing expansion of the Company s substation at the Ward County campus.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Ward County Expansion and Electric Reliability Council of Texas (ERCOT) Update Ionic Digital s Ward County campus has been energized and operating since 2023, and the capacity to expand the campus to 700 MW was contracted with the Company's interconnecting utility in 2021, with the initial 234 MW phase of the project approved by ERCOT in 2022.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
The Company has executed its Engineering, Procurement, and Construction (EPC) contract and ordered the long lead-time transformers the expansion requires.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions, including Ionic Digital's Ward County Expansion, outlook for the year ending December 31, 2026, and other statements that are statements other than historical facts.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Risks & headwinds
(2) Loss on litigation settlement during the three and six months ended June 30, 2025 reflects a settlement to resolve shareholder actions.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company's expectations discussed in the forward-looking statements.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
These statements are subject to uncertainties and risks including, but not limited to, market conditions, competitive dynamics, regulatory changes, and other factors discussed in the Risk Factors section of the Company's prospectus and the Company s other filings with the SEC.
SEC original ↗Ionic Digital Inc. — Earnings release (8-K exhibit)EX-99Aug 19, 2026
Legal Proceedings 53 Item 1A.
SEC original ↗Ionic Digital Inc. — 10-Q Quarterly report10-QSep 1, 2026
Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from historical results or any future results, performance or achievements expressed, suggested or implied by such forward-looking statements.
SEC original ↗Ionic Digital Inc. — 10-Q Quarterly report10-QSep 1, 2026
Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us.
SEC original ↗Ionic Digital Inc. — 10-Q Quarterly report10-QSep 1, 2026
Conflicting figures
Revenue
90%
“Second Quarter 2026 Key Results Total revenue was $48.6 million, an increase of 31% year-over-year, and comprised of 90% digital infrastructure leasing revenue.”
10%
“The Company has certain customers and vendors who individually represent 10% or more of the Company s revenue or capital expenditures.”
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
4 documentsEarnings releases
3 documentsPresentations
0 documentsNo presentations for Ionic Digital Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Ionic Digital Inc. are held in this edition of the library.
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