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Big Digital Energy Q1 FY26 revenue drops 65.11% to $4.82 million

PUBT·05/14/2026 20:31:30
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Big Digital Energy Q1 FY26 revenue drops 65.11% to $4.82 million
  • Big Digital Energy posted net income of USD 609,803 for quarter ended March 31, 2026, swinging from a loss a year earlier as a USD 10.16 million gain on legal settlements offset weaker operations.
  • Revenue fell 65.1% to USD 4.82 million from a year earlier as digital colocation revenue dropped 66% to USD 3.51 million, mainly due to fewer customers and smaller contracts; Consensus Technology Group LLC accounted for USD 7 million of the decline.
  • Operating loss widened to USD 8.15 million from operating income a year earlier as selling, general and administrative expense climbed 32% to USD 7.62 million on higher legal and professional fees.
  • Cash and cash equivalents slid to USD 2.4 million at March 31, 2026 from USD 13.3 million at Dec. 31, 2025, while USD 26.5 million of debt was overdue for repayment unless refinanced or renegotiated.
  • Signed a 12-month joint mining agreement on April 27 to provide about 75 MW of capacity at Midland, Pennsylvania, with an affiliate delivering about 25,000 S19XP miners under a 50/50 profit-sharing structure.


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. Big Digital Energy 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: 0001213900-26-056680), on May 14, 2026, and is solely responsible for the information contained therein.