Digi Power X (DGXX) Q2 2026 Earnings Call Transcript
Digi Power X (DGXX) reported Q2 2026 revenue of $6.6 million and adjusted EBITDA of $3.3 million, while posting a $14.4 million net loss. Cash rose to $142.4 million at June 30, 2026. The company said it has $1.1 billion contracted AI revenue for 10 years tied to its Alabama GPU compute campus and is pursuing debt financing to fund expansion.
How this was made

The 30-second read
Why it matters
Management disclosed Q2 financials, a multiyear contracted AI revenue figure, and a staged capacity plan (Alabama Phase 1 and Phase 2) alongside liquidity and financing strategy (ATM use and planned debt syndication).
Market read
Traders get a fresh snapshot of contracted revenue visibility, cash runway, and capacity milestones that can drive near-term repricing, tempered by power and financing/dilution risks.
What to watch
Power constraints (New York moratorium) and execution risk on Phase 1 energization and Phase 2 equipment delivery could delay utilization, pressuring the path to the 2027 run-rate targets.
Background
Digi Power X is transitioning from legacy cryptocurrency mining toward AI compute services, with data center buildouts in Alabama and power footprint constraints in New York.
Ticker impact
Digi Power X reported Q2 revenue of $6.6M, positive adjusted EBITDA, and disclosed a 10-year $1.1B contracted AI revenue tied to its Alabama data center buildout.
Near-term bias to the upside if traders focus on the $1.1B contracted AI revenue, $150M cash, and >100% Q3 revenue guidance; downside risk if dilution/debt financing details or power constraints dominate.
This is a primary earnings-call disclosure with multiple new figures (cash, contract value, capacity phases, and Q3 revenue expectation). However, the transcript excerpt does not include full guidance assumptions, utilization, or financing terms, limiting conviction.
Market effects
Reinforces the AI compute rental and GPU-as-a-Service narrative, with emphasis on contracted revenue and asset-backed financing for GPU fleets.
Highlights how local power availability and moratoriums can cap expansion, specifically constraining New York footprint growth.
Limited direct global spillover beyond AI infrastructure financing and data center capacity planning themes.
Counterpoint
The headline strength (contracted AI revenue and positive adjusted EBITDA) may be offset by heavy depreciation, share-based compensation, and reliance on ATM plus debt to fund capex.
Key entities
- companyDigi Power X Inc.
Reported Q2 2026 results and provided guidance and contracted revenue details for its AI compute and data center expansion.
- executiveMichel Amar
CEO who discussed ATM usage for liquidity and constraints on New York power expansion.
- advisorGoldman Sachs
Engaged to assist in syndicating debt financing for Alabama and future infrastructure projects.

