AI brief of an SEC Form 8-K · Ionic Digital Inc. (IOND)

Ionic Digital Q2 revenue rises 31% to $48.6 million; net loss $35.3 million

Mixed Impact 3 of 5 earnings Written later

Ionic Digital reported second-quarter 2026 revenue of $48.6 million, up 31% from a year earlier, with 90% coming from digital infrastructure leasing. The company swung to a net loss of $35.3 million, driven in part by a $28.2 million non-cash loss on cryptocurrency and a $27.2 million tax provision, and it reaffirmed its full-year 2026 outlook.

Key points

  • Q2 2026 revenue was $48.6 million, up 31% year-over-year; digital infrastructure leasing made up 90% of revenue.
  • Net loss was $35.3 million, compared with net income of $31.9 million in the prior-year quarter; basic and diluted loss per share was $0.94 versus earnings of $0.85.
  • Adjusted EBITDA was $37.6 million, compared with $3.8 million a year earlier; the company now excludes cryptocurrency gains and losses from this measure.
  • Full-year 2026 outlook reaffirmed: total revenue of $190 million to $195 million and Adjusted EBITDA of $137.5 million to $142.5 million.

The filing

CompanyIonic Digital Inc. (IOND)
Form8-K, current report
Filed with the SECAug 19, 2026, 4:40 PM ET
Accession number0002007691-26-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 19, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.