Cloudastructure Q2 FY26 net loss narrows to $1.7 million; revenue rises 13% to $1.2 million
Reuters2026/08/17 11:14- Cloudastructure posted Q2 revenue of USD 1.2 million, up 13% year over year, as subscription services more than doubled to USD 764,000.
- Gross profit climbed 53% to USD 610,000; gross margin widened 12 percentage points to about 49% on a richer mix of recurring services.
- Net loss narrowed to about USD 1.7 million, helped by improved gross profit and a USD 319,000 non-cash gain on derivative liabilities.
- Subscription services reached roughly 62% of revenue versus about 27% a year earlier; hardware fell to USD 233,000, installation and other slipped to USD 236,000.
- Nasdaq confirmed the stock met the USD 1 minimum bid for 10 straight sessions; cash totaled about USD 3.8 million at June 30.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Serve Robotics (SERV.US) secures two major food delivery order channels after parting ways with Uber (UBER.US)! Commercialization of delivery robots expected to accelerate
Serve Robotics announced a new partnership with the U.S. online food delivery platform Grubhub and has expanded its collaboration with DoorDash, the largest food delivery app in the United States, to two additional cities.
Cerebras (CBRS.US) favored by Wedbush: Deeper collaboration with OpenAI, 750MW computing power order unlocks expansion potential
Wedbush Securities released a research report stating that after OpenAI disclosed its GPT-5.6 Sol’s Ultrafast mode will be powered by Cerebras, Wedbush believes that the existing partnership between the two parties is making “positive progress.”
Lavvi publishes 2Q26 results presentation factsheet
D.E. Shaw discloses net short position in Valneva shares
Crypto prices
More
