Whitefiber, Inc. income statement
In fiscal 2025, Whitefiber, Inc. reported revenue of $79.2m, up 66.2% on the year before, operating income of −$26.8m (a -33.9% margin) and net income of −$24.7m, or −$0.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|
| Revenue | 48 | 79 | 95 |
| Gross profit | 27 | 48 | 56 |
| General and administrative | 10 | 53 | 65 |
| Operating income | 1 | −27 | −40 |
| Income before tax | 2 | −26 | −46 |
| Income tax | 1 | −1 | −2 |
| Net income | 1 | −25 | −44 |
| Diluted EPS | $0.05 | −$0.78 | −$1.19 |
| Diluted shares (average) | 27m | 32m | 37m |
| EBITDA | 17 | −3 | −12 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 15 | 17 | 19 | 20 | 24 | 22 | 29 |
| Gross profit | 7 | 7 | 10 | 11 | 13 | 14 | 13 | 17 |
| General and administrative | 3 | 4 | 4 | 15 | 21 | 11 | 18 | 15 |
| Operating income | −1 | −2 | 2 | −9 | −15 | −5 | −11 | −9 |
| Interest expense | — | — | — | — | — | — | −2 | 5 |
| Income before tax | 0 | −1 | 2 | −8 | −16 | −4 | −11 | −16 |
| Income tax | 0 | −0 | 1 | 0 | 0 | −2 | 1 | −1 |
| Net income | −0 | −1 | 1 | −9 | −16 | −2 | −12 | −15 |
| Diluted EPS | −$0.01 | −$0.04 | $0.05 | −$0.33 | −$0.47 | $0.01 | −$0.31 | −$0.39 |
| EBITDA | 3 | 3 | 6 | −4 | −8 | 3 | −5 | −3 |
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