WhiteFiber stock plummets 11%, Q4 losses widen

LootboxPhobia · 2026-03-26T18:56:09+00:00

WhiteFiber, Inc. announced a fourth-quarter loss of $0.67 per share, far exceeding the expected $0.06, with the stock price falling 11.44%. Despite a 61% year-over-year revenue increase to $23.6 million, 2025 will be a year of transformation for the company, with new agreements and infrastructure expansion to support AI demand.

LootboxPhobia

2026-03-26 18:56:09

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New York - WhiteFiber, Inc. (NASDAQ:WYFI) reported a significant quarterly loss that far exceeded analyst expectations on Thursday.

Following the earnings release, the company’s stock fell 11.44% in pre-market trading.

The AI infrastructure provider posted an adjusted net loss of $0.67 per share for the quarter, compared to the analyst consensus of a $0.06 loss per share.

Revenue reached $23.6 million, up 61% year-over-year from $14.6 million. The company reported an adjusted EBITDA of $5.8 million, compared to $5.5 million in Q4 2024.

Cloud service revenue totaled $19.3 million, a 48% increase year-over-year, while managed service revenue reached $3.9 million, up from $1.4 million in the same period last year. The growth in managed revenue was driven by the expansion of the MTL-3 data center and the initial contribution from the company’s hosting agreement with Cerebras.

“2025 is a transformative year for WhiteFiber,” said CEO Sam Tabar. “We completed our IPO, expanded our infrastructure platform, and began launching new AI capacity to support the rapid growth in high-performance computing needs.”

This quarter, WhiteFiber signed a long-term hosting agreement with Nscale Global Holdings to provide 40 MW of capacity at its NC-1 data center campus in North Carolina, representing $865 million in contract revenue over the initial 10-year term. Service is expected to commence in the second quarter of 2026.

For the full year 2025, WhiteFiber reported an adjusted EBITDA of $17.3 million and a net loss of $24.7 million.

The company ended the year with $114.4 million in cash and cash equivalents, with no outstanding interest-bearing debt. In January 2026, WhiteFiber completed a private placement of $230 million in convertible preferred notes to support data center expansion.

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