WYFI

MKT CAP:$642M

WhiteFiber, Inc. Ordinary Shares

Market Cap

$642M

Technology·Information Technology Services·🇺🇸 United States·NASDAQ

Technology·IT Services·🇺🇸·NASDAQ

Stock Price

$16.49-$0.34 (-2.02%)

Apr 20, 2026

Company Details

WhiteFiber, Inc. provides AI-focused infrastructure solutions through the development and operation of GPU-optimized data centers and cloud platforms. The company offers colocation, hosting, and GPU-as-a-service, supporting compute, storage...

CEO

Samir Tabar

IPO Date

Aug 7, 2025

Website

www.whitefiber.com

Key Metrics TTM

Revenue

$74M

— YoY

Net Income

-$8M

EPS (Diluted)

-$0.22

Free Cash Flow

-$34M

Revenue / Share

$1.93

Gross Margin

4.2%

Operating Margin

-6.3%

Net Margin

-11.4%

FCF Margin

-45.8%

P/S

8.7x

P/E

—

Earnings Reports

Q1 2026

May 15, 2026

PENDING

FY 2025

Mar 26, 2026

$617.5K-98.7%EPS -$0.78

Q4 2025

Mar 26, 2026

$24M+57.9%EPS $0.00

Q2 2025

Sep 17, 2025

$19M+48.2%EPS -$0.23

Q1 2025

Mar 31, 2025

$17M+105.2%EPS $0.04

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 24	$8M	$2M	$933.6K
Q2 24	$13M	$4M	$2M
Q3 24	$12M	$2M	-$1M
Q4 24	$15M	$3M	$434.7K
Q1 25	$17M	$6M	$4M
Q2 25	$19M	$6M	-$9M
Q4 25	$24M	-$12M	-$41.5K

Valuation

Quarter	P/S	P/E
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	11.2x	391.1x
Q1 25	9.5x	271.8x
Q2 25	8.6x	—
Q4 25	7.4x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 24	-$3M	-$3M
Q2 24	$4M	$403.3K
Q3 24	$20M	$17M
Q4 24	-$2M	-$74M
Q1 25	-$3M	-$53M
Q2 25	-$4M	-$85M
Q4 25	$25M	$178M

Capital Expenditures

Quarter	CapEx
Q1 24	$63.1K
Q2 24	$3M
Q3 24	$3M
Q4 24	$73M
Q1 25	$50M
Q2 25	$81M
Q4 25	$153M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 25	+105.2%	+74.7%
Q2 25	+48.2%	+173.3%
Q4 25	+97.0%	+79.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 24	—	$1M
Q2 24	—	$1M
Q3 24	—	$3M
Q4 24	—	$3M
Q1 25	—	$2M
Q2 25	—	$15M
Q4 25	$11M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 24	$25M	$0	$25M
Q4 24	$12M	$0	$12M
Q1 25	$26M	$0	$26M
Q2 25	$16M	$0	$16M
Q3 25	$166M	$0	$166M
Q4 25	$114M	$0	$114M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 24	38M	—	—
Q2 24	38M	0.0%	—
Q3 24	38M	0.0%	—
Q4 24	38M	0.0%	—
Q1 25	38M	0.0%	0.0%
Q2 25	38M	0.0%	0.0%
Q4 25	38M	+1.4%	+1.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	—	—
Q1 25	—	—
Q2 25	—	—
Q4 25	$283.9K	83

Revenue / Employee