Quarter Comparison
Revenue
Operating Income
Gross Margin
Net Margin
Income Statement
Cash Flow Statement
Balance Sheet
Earnings Release
EX-99.1 2 ex_1008743.htm EXHIBIT 99.1 ex_1008743.htm Exhibit 99.1 FOR IMMEDIATE RELEASE QumulusAI Reports Second Quarter 2026 Results Revenue more than doubles year over year to $6.7 million as contracted GPU capacity continues to come online; cumulative signed customer contract value reaches $282.5
EX-99.1 2 ex_1008743.htm EXHIBIT 99.1 ex_1008743.htm Exhibit 99.1 FOR IMMEDIATE RELEASE QumulusAI Reports Second Quarter 2026 Results Revenue more than doubles year over year to $6.7 million as contracted GPU capacity continues to come online; cumulative signed customer contract value reaches $282.5 million. ATLANTA, Aug. 25, 2026 — QumulusAI (Nasdaq: QMLS), a neocloud infrastructure provider purpose-built for the AI computing era, today reported financial results for the second quarter ended June 30, 2026. This is the company’s first quarterly report since it began trading on the Nasdaq Global Market on July 16, 2026. "This was the quarter our model started proving itself," said Michael Maniscalco, CEO of QumulusAI. "AI Compute we had already sold came online and started generating revenue. We signed 21 new direct contracts in the quarter, and last week we contracted up to 3.75 MW in me...
Source
Exhibit EX-99.1
0001437749-26-028918
Filed August 25, 2026 at 8:16 PM UTC. The figures above are from the audited statements, not from this release.