Boost Run Q2 FY26 net loss widens to $75.05 million; revenue rises to $31.14 million
Reuters2026/08/18 20:51Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Boost Run posted a net loss of $75.05 million for the quarter ended June 30, 2026, swinging from net income of $2.53 million.
- Revenue rose to $31.14 million, up 270% year over year, driven by higher GPU utilization, enterprise AI contract expansion, pricing adjustments.
- Operating loss widened to $12.9 million from operating income of $3.02 million as costs climbed, including depreciation and amortization of $18.15 million.
- Income tax expense was $55.74 million, tied to deferred tax liabilities recorded from a change in tax status after the May 8 business combination.
- Unrestricted cash totaled $120.17 million at June 30, 2026; net proceeds from the business combination were about $114.08 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boost Run Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039031), on August 18, 2026, and is solely responsible for the information contained therein.
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