WhiteFiber (WYFI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WYFI SEC filings page.
WhiteFiber, Inc. (WYFI) reported $94.5M in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expanded sharply, but a much larger cost base and heavy investment turned modest operating profit into losses.
Revenue grew66.2% while selling, general and administrative expense grew410.6% ; sales expanded faster than overhead absorption, and gross-profit growth did not prevent an operating loss.
Capital intensity now dominates cash conversion: FY2025 operating cash flow was
Assets, liabilities, and equity each increased
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of WhiteFiber, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
WhiteFiber, Inc. has an operating margin of -33.9%, meaning the company loses $34 on every $100 of revenue. This results in a profitability score of 18/100. This is down from 1.3% the prior year.
WhiteFiber, Inc.'s revenue surged 66.2% year-over-year to $79.2M, reflecting rapid business expansion. This strong growth earns a score of 96/100.
WhiteFiber, Inc.'s current ratio of 2.03 indicates adequate short-term liquidity, earning a score of 59/100. The company can meet its near-term obligations, though with limited headroom.
WhiteFiber, Inc.'s reported free cash flow margin for fiscal year 2025 is below the lowest share of revenue this page publishes, so the figure is not shown here. This dimension scores 2/100.
WhiteFiber, Inc. posts a -5.1% return on equity (ROE), meaning it loses $5 for every $100 of shareholders' equity. This results in a returns score of 27/100. This is down from 0.8% the prior year.
WhiteFiber, Inc. scores 1.61, below the 1.81 distress threshold. The score is pulled down most by an operating loss of $26.8M against total assets of $651.4M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
WhiteFiber, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
WhiteFiber, Inc. reported a net loss of $24.7M while generating $45.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
WhiteFiber, Inc. generated $28.8M in revenue in Q2 2026. This represents an increase of 54.5% from the same quarter a year earlier. Against the prior quarter it is up 31.5%.
WhiteFiber, Inc.'s EBITDA was -$2.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
WhiteFiber, Inc. reported a net loss of $15.0M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
WhiteFiber, Inc. earned -$0.39 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
WhiteFiber, Inc. recorded an outflow of $89.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
WhiteFiber, Inc. held $56.1M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Margins & Returns
WhiteFiber, Inc.'s gross margin was 58.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.
WhiteFiber, Inc.'s operating margin was -32.1% in Q2 2026, reflecting core business profitability. This is up 17.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 18.2 percentage points.
WhiteFiber, Inc.'s net profit margin was -51.9% in Q2 2026, showing the share of revenue converted to profit. This is down 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.0 percentage points.
WhiteFiber, Inc.'s quarterly ROE was -4.4% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.
Capital Allocation
WhiteFiber, Inc. invested $175.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 117.3% from the same quarter a year earlier. Against the prior quarter it is up 3.8%.
Not reported for Q2 2026.
Not reported for Q2 2026.
WYFI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.8M+54.5% | $21.9M+30.7% | $23.6M | $20.2M+64.3% | $18.7M+48.2% | $16.8M | N/A | $12.3M |
| Gross Profit | $16.8M+51.2% | $12.8M+30.2% | $13.9M | $12.7M+90.3% | $11.1M | $9.8M | N/A | $6.7M |
| SG&A Expenses | $14.8M-4.3% | $17.8M+318.7% | $11.5M | $21.3M+537.6% | $15.5M+1126.9% | $4.2M | N/A | $3.3M |
| Operating Income | -$9.3Mn/m | -$11.0M-639.3% | -$5.2M | -$14.5Mn/m | -$9.2M-479.8% | $2.0M | N/A | -$847K |
| EBITDA | -$2.7Mn/m | -$4.6M-178.0% | $2.9M | -$8.1M-333.9% | -$4.0M-159.6% | $5.9M | N/A | $3.5M |
| Interest Expense | $4.6M | -$2.0M | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$749K-267.9% | $1.1M+82.2% | -$2.2M | $67K-82.6% | $446K-19.2% | $595K | N/A | $384K |
| Net Income | -$15.0Mn/m | -$12.0M-943.3% | -$1.5M | -$15.8Mn/m | -$8.8M-554.1% | $1.4M+72.8% | N/A | -$365K |
| EPS (Basic) | -$0.39n/m | -$0.31-720.0% | $0.01n/m | -$0.47n/m | -$0.33 | $0.05 | -$0.04 | -$0.01 |
| EPS (Diluted) | -$0.39n/m | -$0.31-720.0% | $0.01n/m | -$0.47n/m | -$0.33 | $0.05 | -$0.04 | -$0.01 |
| Diluted Shares (Avg) | 39M+43.0% | 38M+42.0% | N/A | 34M+24.8% | 27M | 27M | N/A | 27M |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses.
WYFI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $880.9M+128.0% | $796.3M | $651.4M+184.3% | $555.1M | $386.3M | N/A | $229.1M | N/A |
| Current Assets | $107.4M+113.5% | $195.7M | $167.8M+260.7% | $211.6M | $50.3M | N/A | $46.5M | N/A |
| Cash & Equivalents | $56.1M+241.8% | $75.8M+491.3% | $114.4M+880.5% | $166.5M+513.8% | $16.4M+110.8% | $12.8M | $11.7M | $27.1M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 |
| Accounts Receivable | $23.2M+258.0% | $91.7M | $23.9M+354.1% | $17.4M | $6.5M | N/A | $5.3M | N/A |
| Long-Term Investments | N/A | N/A | N/A | N/A | N/A | $0 | N/A | $0 |
| Goodwill | $19.4M-3.9% | $19.8M | $20.1M+3.9% | $19.8M | $20.2M | N/A | $19.4M | N/A |
| Total Liabilities | $543.5M+593.7% | $443.7M | $168.9M+184.3% | $74.0M | $78.3M | N/A | $59.4M | N/A |
| Current Liabilities | $136.0M+288.6% | $70.8M | $82.5M+80.3% | $32.4M | $35.0M | N/A | $45.8M | N/A |
| Non-Current Liabilities | $407.5M+840.0% | $372.9M | $86.4M+532.9% | $41.6M | $43.3M | N/A | $13.6M | N/A |
| Long-Term Debt | N/A | $222.3M | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $337.4M+9.6% | $352.6M+59.8% | $482.5M+184.3% | $481.1M+631.5% | $308.0M+384.2% | $220.6M+269.1% | $169.7M | $65.8M |
| Retained Earnings | -$51.6Mn/m | -$36.6M | -$24.5M-17152.9% | -$23.0M | -$7.3M | N/A | $144K | N/A |
Not reported in any period shown, so not listed: Inventory.
WYFI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $85.9Mn/m | $3.2Mn/m | $69.4Mn/m | -$16.9M-186.3% | -$3.9M | -$2.9M | -$1.2M | $19.6M |
| Depreciation & Amortization | $6.6M+27.8% | $6.4M+68.2% | $8.1M+62.5% | $6.4M+47.3% | $5.1M+18.9% | $3.8M | $5.0M | $4.3M |
| Stock-Based Compensation | $3.4M-47.7% | $7.3M | N/A | N/A | $6.5M+3150.0% | N/A | N/A | N/A |
| Capital Expenditures | $175.5M+117.3% | $169.2M+237.2% | $121.9M+67.4% | $15.5M+456.0% | $80.8M | $50.2M | $72.8M | $2.8M |
| Free Cash Flow | -$89.7Mn/m | -$165.9Mn/m | -$52.5Mn/m | -$32.5M-292.8% | -$84.7M | -$53.1M | -$74.0M | $16.8M |
| Investing Cash Flow | -$175.5Mn/m | -$143.1Mn/m | -$121.8Mn/m | -$14.5Mn/m | -$80.8M | -$50.2M | -$72.8M | -$2.8M |
| Financing Cash Flow | $70.1M-24.4% | $101.8M+103.8% | -$312K-100.5% | $181.4M+7109.8% | $92.7M | $50.0M | $62.7M | $2.5M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
WYFI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 58.3%-1.3pp | 58.4%-0.2pp | 59.2% | 63.1%+8.6pp | 59.6% | 58.7% | N/A | 54.5% |
| Operating Margin | -32.1%+17.0pp | -50.3%-62.5pp | -22.1% | -71.9%-65.0pp | -49.1%-68.2pp | 12.2% | N/A | -6.9% |
| Net Margin | -51.9%-4.6pp | -54.9%-63.5pp | -6.5% | -78.1%-75.1pp | -47.3%-62.8pp | 8.5% | N/A | -3.0% |
| Return on Equity | -4.4%-1.6pp | -3.4%-4.1pp | -0.3% | -3.3%-2.7pp | -2.9%-5.9pp | 0.7%-0.7pp | N/A | -0.5% |
| Return on Assets | -1.7%+0.6pp | -1.5% | -0.2% | -2.8% | -2.3% | N/A | N/A | N/A |
| Current Ratio | 0.79-0.6x | 2.77 | 2.03+1.0x | 6.53 | 1.44 | N/A | 1.02 | N/A |
| Debt-to-Equity | N/A | 0.63 | N/A | N/A | N/A | N/A | N/A | N/A |
| Liabilities-to-Equity | 1.61+1.4x | 1.26 | 0.350.0x | 0.15 | 0.25 | N/A | 0.35 | N/A |
| Asset Turnover | 0.030.0x | 0.03 | 0.04 | 0.04 | 0.05 | N/A | N/A | N/A |
| FCF Margin | -310.9% | -756.9% | -222.9% | -160.8% | -453.8% | -316.7% | N/A | 137.0% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| WhiteFiber, Inc. WYFI | FY2025 | $79.2M | -$24.7M | -31.2% | $426.9M | 45/100 |
| PDF Solutions Inc PDFS | FY2025 | $219.0M | -$640K | -0.3% | $1.9B | 41/100 |
| Riskified Ltd. RSKD | FY2025 | $344.6M | -$27.6M | -8.0% | $1.2B | 56/100 |
| VTEX VTEX | FY2025 | $240.5M | $20.0M | 8.3% | $644.8M | 58/100 |
| Sprout Social, Inc SPT | FY2025 | $457.5M | -$43.3M | -9.5% | $747.7M | 47/100 |
Where WhiteFiber, Inc. Ranks
Frequently Asked Questions
What is WhiteFiber, Inc.'s annual revenue?
WhiteFiber, Inc. (WYFI) reported $79.2M in total revenue for fiscal year 2025. This represents a 66.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is WhiteFiber, Inc.'s revenue growing?
WhiteFiber, Inc. (WYFI) revenue grew by 66.2% year-over-year, from $47.6M to $79.2M in fiscal year 2025.
Is WhiteFiber, Inc. profitable?
No, WhiteFiber, Inc. (WYFI) reported a net loss of $44.3M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $24.7M, with a net profit margin of -31.2%.
What is WhiteFiber, Inc.'s EBITDA?
WhiteFiber, Inc. (WYFI) had EBITDA of -$3.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is WhiteFiber, Inc.'s gross margin?
WhiteFiber, Inc. (WYFI) had a gross margin of 60.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is WhiteFiber, Inc.'s operating margin?
WhiteFiber, Inc. (WYFI) had an operating margin of -33.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is WhiteFiber, Inc.'s net profit margin?
WhiteFiber, Inc. (WYFI) had a net profit margin of -31.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is WhiteFiber, Inc.'s return on equity (ROE)?
WhiteFiber, Inc. (WYFI) has a return on equity of -5.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is WhiteFiber, Inc.'s free cash flow?
WhiteFiber, Inc. (WYFI) recorded an outflow of $222.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is WhiteFiber, Inc.'s operating cash flow?
WhiteFiber, Inc. (WYFI) generated $45.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are WhiteFiber, Inc.'s total assets?
WhiteFiber, Inc. (WYFI) had $651.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are WhiteFiber, Inc.'s capital expenditures?
WhiteFiber, Inc. (WYFI) invested $268.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is WhiteFiber, Inc.'s current ratio?
WhiteFiber, Inc. (WYFI) had a current ratio of 2.03 as of fiscal year 2025, which is generally considered healthy.
What is WhiteFiber, Inc.'s liabilities-to-equity ratio?
WhiteFiber, Inc. (WYFI) had a liabilities-to-equity ratio of 0.35 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is WhiteFiber, Inc.'s return on assets (ROA)?
WhiteFiber, Inc. (WYFI) had a return on assets of -3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is WhiteFiber, Inc.'s P/E ratio?
WhiteFiber, Inc. (WYFI) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $426.9M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is WhiteFiber, Inc.'s price-to-sales ratio?
WhiteFiber, Inc. (WYFI) trades at 4.5x sales, its market capitalization divided by $94.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $426.9M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is WhiteFiber, Inc.'s Altman Z-Score?
WhiteFiber, Inc. (WYFI) has an Altman Z-Score of 1.61, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is WhiteFiber, Inc.'s Piotroski F-Score?
WhiteFiber, Inc. (WYFI) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are WhiteFiber, Inc.'s earnings high quality?
WhiteFiber, Inc. (WYFI) reported a net loss of $24.7M while generating $45.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is WhiteFiber, Inc.?
WhiteFiber, Inc. (WYFI) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.