Key Highlights

  • Second quarter Revenue totalled USD 1.93 million, a 412% jump on USD 0.38 million a year earlier, while adjusted EBITDA was USD 591 thousand.
  • Total contract value stood at approximately USD 8.8 billion as of August 6, 2026, an operating measure that the company does not treat as recognized GAAP revenue.
  • The second quarter net loss of USD 430.4 million was largely due to convertible note accounting, which carried a USD 400.4 million Fair Value loss, and loss per share was 26.16.
  • Cash and equivalents stood at USD 1.86 billion on June 30, 2026, against USD 71.1 million at the close of 2025, after large fundraising.

Third Quarter Timing and Call Details for SharonAI Holdings Inc. (NASDAQ:SHAZ)

SharonAI Holdings (NASDAQ:SHAZ) is an Australian supplier of sovereign AI infrastructure through its AI Factory platform, and it is due to release third quarter 2026 figures once the market shuts on Monday, November 16, 2026. A live call and webcast accompany the release that day. Management has indicated that revenue should ramp meaningfully from the third quarter of 2026 into 2027, but it has not issued numeric guidance. Against that small base, second quarter revenue came to USD 1,931,381, and revenue for the six months was USD 2,225,396.

Second Quarter Loss Driven by Convertible Note Accounting at SharonAI Holdings Inc. (NASDAQ:SHAZ)

SharonAI Holdings Inc. (NASDAQ:SHAZ) posted a second quarter net loss of USD 430.4 million, against USD 2.6 million a year earlier, and loss per share moved to 26.16 from 2.41. Most of the gap came from a non-cash fair value charge on convertible notes of USD 400.4 million rather than operating spending, and adjusted EBITDA stayed positive at USD 591 thousand. Its collaboration covers as many as 40,000 NVIDIA GB300 GPUs, a later deal adds 2,048 NVIDIA B300 GPUs, and over 64,000 NVIDIA GPUs are projected by mid-2027. At SharonAI Holdings Inc. (NASDAQ:SHAZ), secured AI Factory capacity is now 212 megawatts, up 80 megawatts.

Cash Position, Share Count and Risk Factors at SharonAI Holdings Inc. (NASDAQ:SHAZ)

The USD 1.86 billion balance at SharonAI (NASDAQ:SHAZ) on June 30, 2026 was built from a USD 1.6 billion private placement, USD 350 million of convertible notes and USD 74 million of proceeds from an accelerated divestment. Liabilities in total came to USD 1.19 billion, against USD 1.13 billion of Shareholder equity, and USD 1.01 billion of convertible notes sat in current liabilities. The count of Class A shares outstanding grew from 11,832,164 at December 31, 2025 to 35,667,164. Key risks involve execution on Data Center build-outs, reliance on a handful of large customers, volatile fair value accounting for convertible notes, and the gap between contracted value and recognized revenue.

Current Standing

SharonAI Holdings Inc. (NASDAQ:SHAZ) is early in turning contracts into revenue. Contracts carry a combined value of about USD 8.8 billion. They consist of a six-year NVIDIA compute collaboration at USD 4.9 billion, plus take-or-pay agreements valued at USD 950 million, USD 1.32 billion and USD 373 million, each running five years. Set against that, second quarter revenue was just USD 1.9 million, which makes the pace of GPU deployment central. Watch for the first meaningful revenue ramp, shifts in the convertible note fair value, cash deployed into building capacity, and news on the 212 megawatts already secured at SharonAI (NASDAQ:SHAZ).