AIB Data Centershas reported a net loss of $3.5m for the second quarter (Q2) of 2026, compared to $0.5m net loss recorded in the same period of 2025.
The company’s adjusted EBITDA loss stood at $3.1m in Q2 2026 compared to a mere $0.1m loss in Q2 2025.
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Revenue for the quarter was reported at $2.9m, down from $4.7m in the prior-year period, reflecting a 39% decrease.
This decline is attributed to AIB Data Centres’ strategic transition from a single-anchor-tenant hosting model to a broader focus on AI and high-performance computing (HPC) infrastructure.
AIB Data CentersCEO Jerry Tang said: “This quarter we secured the two foundations that matter most at our stage: power and capital.
“We enhanced our power position with a 65MW 15-year electric service agreement, raised $63.3m to strengthen our balance sheet, and completed our rebrand to AIB Data Centers.”
Looking ahead, the company is focusing on expanding its AI and HPC capabilities, having identified approximately 570MW of potential capacity.
The company has secured a 65MW electric service agreement at its CLT-01 data centre, which is expected to support site improvements and expand its ability to serve growing AI and HPC demand.
Operationally, the company has temporarily de-energised its legacy operations, to redeploy resources towards higher-density AI and HPC workloads.
This move is part of AIB Data Centers’ broader strategy to transition towards long-term AI and HPC infrastructure contracts, thereby reducing historical customer concentration.
The company has also enhanced its visibility within the investment community, being added to the Russell Microcap Index and initiating equity research coverage by Lucid Capital Markets and Maxim Group.
