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WhiteFiber reports 31% revenue growth in Q1 2026, advancing AI data center projects and cloud services.

Company Fundamentals
14 May 2026
PRNewsWire
View Source
Neutral
pluang ai news

WhiteFiber, a provider of AI infrastructure, reported a 31% year-over-year revenue increase to $21.9 million in Q1 2026, driven by strong cloud and colocation services growth. The company progressed on its NC-1 data center project and acquired the MTL-3 facility, enhancing control and reducing lease costs. Despite a net loss of $12 million due to higher expenses, WhiteFiber secured significant financing and new contracts, positioning itself for growth in AI infrastructure demand. The company expects to begin delivering capacity at NC-1 in Q2 2026 and expand cloud service deployments.

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