Nakamoto Reports $133.0 Million Q2 2026 Net Loss, or $6.65 Per Diluted Share
Nakamoto reported second-quarter 2026 results on August 13, 2026, with total operating revenue of $35.9 million, an operating loss of $149.1 million, and a net loss of $133.0 million, or $6.65 per diluted share. The company said the losses were driven mainly by $105.2 million of non-cash goodwill impairment charges and $48.7 million of mark-to-market losses on digital assets. Shareholders face a large GAAP loss even though the company reported $7.3 million of adjusted operating income and reduced debt by about $45 million.
Key points
- Total operating revenue was $35.9 million for the quarter ended June 30, 2026; the prior-year quarter shows no revenue figures in the filing.
- Net loss was $133.0 million, or $6.65 per diluted share, compared with a net loss of $2.4 million in the second quarter of 2025.
- Adjusted operating income, a non-GAAP measure, was $7.3 million, which the company said was its first positive adjusted operating income since becoming a Bitcoin operating company.
- As of June 30, 2026, the company held 4,467 Bitcoin with an aggregate fair value of approximately $261.5 million and authorized a share repurchase program of up to $25 million.
The filing
Written by AI on Nov 9, 2026, 11:45 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 14, 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.