SharonAI Holdings reports Q2 revenue of $1.9M and net loss of $430.4M

Earnings
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Summary · why it matters

SharonAI Holdings Inc reported second-quarter 2026 revenue of $1.9 million. The company posted a net loss of $430.4 million, which included non-cash items totaling $423.8 million, primarily a $400.4 million fair value loss on convertible notes due to share price appreciation, compared to a net loss of $2.6 million in the second quarter of 2025. Adjusted EBITDA was $0.6 million, up from a loss of $1.7 million a year earlier. Cash and cash equivalents stood at $1.9 billion as of June 30, 2026.

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