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WYFI

WhiteFiber, Inc. Ordinary Shares

WYFI

WhiteFiber, Inc. Ordinary Shares • NASDAQ
$21.43 ▲ 8.12% (+1.61)
Market Cap $819.83 M
52w High $40.75
52w Low $14.01
Dividend Yield 0%
P/E -27.47
Volume 515.21K
Outstanding Shares 38.26M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $165.138K ▼ $174.495K ▼ $-128.918K ▲ -78.067% ▼ $-0.004 ▲ $-65.125K ▲
Q2-2025 $18.662M ▲ $15.477M ▲ $-8.833M ▼ -47.333% ▼ $-0.234 ▼ $-1.981M ▼
Q1-2025 $16.768M ▲ $2.164M ▼ $1.428M ▲ 8.515% ▲ $0.038 ▲ $5.852M ▲
Q4-2024 $14.921M ▲ $2.5M ▲ $-1.037M ▼ -6.951% ▼ $-0.027 ▼ $3.694M ▼
Q1-2024 $8.169M $1.197M $826.51K 10.117% $0.022 $3.898M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $166.491M ▲ $555.075M ▲ $74.023M ▼ $481.052M ▲
Q2-2025 $16.398M ▼ $386.315M ▲ $78.347M ▼ $307.968M ▲
Q1-2025 $25.575M ▲ $314.365M ▲ $96.819M ▲ $217.546M ▲
Q4-2024 $11.672M ▼ $229.133M ▲ $59.406M ▲ $169.727M ▲
Q3-2024 $24.72M $117.126M $51.368M $65.758M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-15.754M ▼ $-16.927M ▼ $-14.507M ▲ $181.354M ▲ $150.093M ▲ $-32.458M ▲
Q2-2025 $-8.833M ▼ $-3.899M ▼ $-80.796M ▼ $92.749M ▲ $7.315M ▲ $-84.694M ▼
Q1-2025 $1.428M ▲ $-2.934M ▼ $-50.165M ▲ $49.975M ▼ $-2.589M ▲ $-53.099M ▲
Q4-2024 $-1.037M ▼ $-1.523M ▲ $-72.93M ▼ $62.8M ▲ $-11.72M ▼ $-74.362M ▼
Q1-2024 $826.51K $-3.4M $-63.062K $9.29M $5.827M $-3.463M

Five-Year Company Overview

Income Statement

Income Statement WhiteFiber’s income statement looks like that of a very early-stage business. Revenue has only just started to appear and is still very small, but it does come with decent gross profitability, suggesting the basic service can be profitable at scale. Operating profit and net income are essentially around break-even, which is typical for a company just turning on its commercial engine while still building out its platform. Overall, the story here is about early revenue traction and heavy investment, not about current earnings strength.

Balance Sheet

Balance Sheet The balance sheet shows a company that has been scaling up its asset base quickly, most likely by investing in data center and infrastructure capacity. Equity has risen meaningfully, which points to funding primarily through owners’ capital rather than heavy borrowing. Debt levels look modest relative to the asset base, which reduces financial strain but also means future growth may still require fresh capital. Cash is present but not large, so funding and liquidity management will be important as expansion continues.

Cash Flow

Cash Flow Cash flow reflects a classic build-out phase. The core operations are starting to generate some cash, which is a healthy sign for such a young business. However, spending on infrastructure and equipment is running well ahead of that, leading to negative free cash flow. In plain terms, the company is putting more money into building data centers and capacity than it is taking in today, with the expectation that this will support much higher usage and revenue later. Sustaining this strategy will depend on continued access to funding or improved operating cash flow over time.

Competitive Edge

Competitive Edge WhiteFiber is positioning itself as a focused AI infrastructure specialist rather than a general-purpose cloud provider. Its key edge lies in owning and operating high-performance, high-density data centers tailored for GPU-heavy workloads, combined with a software layer that stitches together GPU clusters across sites. The strategy of retrofitting existing industrial buildings into data centers can lower costs and speed deployment, which is a practical advantage in a fast-moving market. Partnerships with leading hardware and networking vendors add credibility. At the same time, the company competes in a space dominated by very large cloud players, so scale, customer acquisition, and continued execution are critical uncertainties.

Innovation and R&D

Innovation and R&D Innovation is at the heart of WhiteFiber’s pitch. The company has developed its own cloud software to manage and orchestrate distributed GPU clusters, with a focus on performance, observability, and ease of scaling AI workloads. It has also pushed advanced networking approaches, including scheduled fabric Ethernet and high-speed interconnects, to squeeze more performance out of its hardware. A clear roadmap to adopt next-generation GPUs and to keep enhancing its software stack suggests an ongoing R&D commitment. The flip side is that the AI infrastructure field moves quickly, so the company must keep investing heavily to maintain any lead, and talent and capital intensity will remain high.

Summary

WhiteFiber is an early-stage AI infrastructure provider that is clearly in “build mode.” Financials show tiny but emerging revenue, rising assets, and significant capital spending, all consistent with a company racing to establish capacity ahead of expected demand. The business model focuses on vertically integrated, high-performance data centers and specialized AI cloud services, supported by proprietary software and strong hardware partnerships. This creates meaningful potential advantages in speed and efficiency, but also exposes the company to execution risk, intense competition from large cloud providers, and ongoing funding needs. Overall, the story is less about current profitability and more about whether WhiteFiber can successfully scale its infrastructure, win diversified customers beyond early partners, and keep up technologically in a rapidly evolving AI landscape.

NEWS

November 17, 2025 · 4:01 PM UTC

WhiteFiber, Inc. Announces Participation in Upcoming Investor Conferences

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November 14, 2025 · 8:30 AM UTC

Bit Digital, Inc. Announces Financial Results for the Third quarter of Fiscal Year 2025

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November 13, 2025 · 4:05 PM UTC

WhiteFiber, Inc. Reports Third Quarter 2025 Results

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November 7, 2025 · 4:05 PM UTC

Bit Digital, Inc. Announces Date for Third Quarter 2025 Financial Results and Conference Call

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November 6, 2025 · 7:30 AM UTC

WhiteFiber, Inc. Announces Details for Q3 2025 Earnings Conference Call

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