WhiteFiber (WYFI) is a public company. WhiteFiber is the AI Infrastructure Company, built to redefine what high-performance AI infrastructure should be in cloud, dedicated, and hybrid environments.

NASDAQ: WYFI. Founded in 2024. It has 42 employees. Annual revenue is $79.2M. IPO 2025.

Transcript

Operator

Hello, and welcome to the WhiteFiber second quarter 2026 earnings conference call. Good morning, and thank you for joining us. We will begin with prepared remarks from management, followed by a question and answer session. During the Q&A, if you would like to ask a question, please press star one on your telephone keypad. As a reminder, today's conference is being recorded. I would now like to turn the call over to your host, Cameron Schnier, Senior Vice President of Capital Markets and Corporate Strategy at WhiteFiber. Cameron, please go ahead.

Cameron Schnier — SVP of Capital Markets and Corporate Strategy

Thank you, and welcome to the WhiteFiber second quarter 2026 earnings call. Joining me today are Sam Tabar, our Chief Executive Officer, and Justin Zhu, our Chief Financial Officer. Before we begin, I'd like to remind everyone that some of the statements we make on this call are forward-looking in nature and subject to risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include, but are not limited to, those factors described in today's earnings press release, our Form 10-Q for the quarter ended June 30, 2026, filed today, as well as other filings we may make with the SEC from time to time. Our remarks today may also include non-GAAP financial measures. Reconciliations to the most directly comparable GAAP measures can be found in our Form 10-Q and in the earnings press release posted on our website. Following our prepared remarks, we will open the line for questions. With that, I'll turn the call over to Sam to discuss our performance. Sam?

Sam Tabar — CEO

Thank you, Cam, and thank you everyone for joining us. Last week marked the first anniversary of WhiteFiber's initial public offering. Over the past year, we've made substantial progress towards the company we set out to build. Most notably, we signed a transformational 10-year agreement representing approximately $865 million of contracted revenue for 40 MW of, excuse me, IT workload at NC-1. We've since advanced the project through construction and now into active