QumulusAI, Inc.
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See all $QMLS insider activity →QumulusAI (QMLS) reported Q2 2026 revenue of $6.71M, up 118% YOY, with gross margin expanding to 66.6%. Despite increased losses, the company signed 21 new AI compute contracts worth $169.7M. Analyst Bill Papanastasiou initiated coverage with a 'Buy' rating and $24.50 price target, citing strong growth potential in AI-driven GPU rentals.
QumulusAI (QMLS) reported Q2 FY 2026 revenue of $6.713M, up 118% YoY, with AI Compute revenue at $5.6M (84% of total). Gross profit was $4.47M (66.6% margin), but net loss widened to $22.776M. The company signed 21 new direct contracts, expanding GPU fleet by 224% and adding 3.75 MW capacity in Atlanta. QumulusAI became an NVIDIA Cloud Partner, focusing on execution and scaling infrastructure.
QumulusAI (QMLS) reported Q2 revenue of US$6.7m, up from US$3.09m YoY, with compute activity driving 84% of sales. However, the company posted a net loss of US$22.9m, swinging from a profit of US$12.12m YoY. Gross margin improved to 66.6%, and the company signed US$282.5m in multiyear contracts. Shares slipped 2.7% post-earnings, reflecting investor concerns over cash burn and leverage.
Over the past 7 days, alphai's AI scored 1 news story mentioning QMLS (QumulusAI, Inc.). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent QMLS coverage spans earnings and technology.
Earnings beat expectations with strong top‑line growth and a sizable contract pipeline.
Earnings beat revenue expectations but the company posted a larger operating loss, indicating execution risk.
QumulusAI (QMLS) reported Q2 revenue of US$6.7m, up from US$3.09m YoY, with compute activity driving 84% of sales. However, the company posted a net loss of US$22.9m, swinging from a profit of US$12.12m YoY. Gross margin improved to 66.6%, and the company signed US$282.5m in multiyear contracts. Shares slipped 2.7% post-earnings, reflecting investor concerns over cash burn and leverage.
QumulusAI reported Q1 revenue of $3.42M, up 83% YOY, driven by compute power and crypto mining. Costs rose 219% to $8.95M, widening operating loss to $5.53M. Chardan initiated coverage with a Buy rating and $24.50 price target, citing its AI infrastructure potential.
The contract expands QumulusAI's revenue base and diversifies its client mix, potentially boosting near‑term cash flow and stock sentiment.
alphai scores every news story that mentions QMLS with an AI model for sentiment and relevance, and aggregates insider trades from QumulusAI, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
QumulusAI (QMLS) reported Q2 2026 revenue of $6.71M, up 118% YOY, with gross margin expanding to 66.6%. Despite increased losses, the company signed 21 new AI compute contracts worth $169.7M. Analyst Bill Papanastasiou initiated coverage with a 'Buy' rating and $24.50 price target, citing strong growth potential in AI-driven GPU rentals.
2 min readQumulusAI (QMLS) reported Q2 FY 2026 revenue of $6.713M, up 118% YoY, with AI Compute revenue at $5.6M (84% of total). Gross profit was $4.47M (66.6% margin), but net loss widened to $22.776M. The company signed 21 new direct contracts, expanding GPU fleet by 224% and adding 3.75 MW capacity in Atlanta. QumulusAI became an NVIDIA Cloud Partner, focusing on execution and scaling infrastructure.
3 min readQumulusAI (QMLS) reported Q2 revenue of US$6.7m, up from US$3.09m YoY, with compute activity driving 84% of sales. However, the company posted a net loss of US$22.9m, swinging from a profit of US$12.12m YoY. Gross margin improved to 66.6%, and the company signed US$282.5m in multiyear contracts. Shares slipped 2.7% post-earnings, reflecting investor concerns over cash burn and leverage.
2 min readQumulusAI reported Q1 revenue of $3.42M, up 83% YOY, driven by compute power and crypto mining. Costs rose 219% to $8.95M, widening operating loss to $5.53M. Chardan initiated coverage with a Buy rating and $24.50 price target, citing its AI infrastructure potential.
3 min readQumulusAI (QMLS) signed a GPU-as-a-Service deal with DRW for NVIDIA Blackwell B300 capacity, adding to $246M in contracts since June. The one-year deal, renewable up to four years, supports DRW's research. QMLS will also ring the Nasdaq opening bell on July 29.
2 min readQumulusAI (QMLS) signed a $71.9M, three-year deal to supply NVIDIA GPUs to an AI inference platform. This is one of their largest contracts, adding revenue visibility. The capacity will be available in Q3 2026. QumulusAI has secured over $246M in agreements since June, showcasing demand for its AI infrastructure.
2 min readQumulusAI (QMLS) reported a Q2 net loss of $22.8M, reversing from a $12.1M profit last year, due to a $19.2M convertible note charge. Revenue rose 117% YoY to $6.7M. Cash increased to $39.9M, but equity turned negative. The company's operating loss widened to $7.7M.
2 min readQumulusAI reported Q2 2026 revenue more than doubled year-over-year, driven by GPU fleet expansion and direct customer contracts. Gross margin rose to 66.6%, but net loss was impacted by non-cash items. Growth is constrained by power and supply issues.
3 min readQumulusAI reported Q2 2026 revenue of $6.7M, up 118% YoY, with gross margin expanding to 66.6%. Shares rose 6.45% to $6.27 before slipping to $6.26 after hours. The company faces growth constraints due to land, power, and shell capacity. Management highlighted $282.5M in signed contracts and targets 18MW of computing capacity by year-end.
3 min readQumulusAI (QMLS) signed a $18M, two-year take-or-pay agreement to supply NVIDIA Blackwell B300 nodes. The deal solidifies its position in the AI infrastructure market. The company expanded its GPU fleet by 450% and aims to address AI demand-supply gap. QumulusAI was approved as an NVIDIA Cloud Partner, enabling faster capacity deployment.
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