PowerCompute Q3 2026 net income swings to $387,729 from year-earlier loss

Bitget2026/11/13 12:01

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PowerCompute swung to third-quarter 2026 net income attributable to common shareholders of $373,728 from a year-earlier loss, helped by fair-value gains.
Revenue fell 13% year over year to $1.89 million.
Operating costs and expenses dropped 51% year over year to $2.8 million, primarily reflecting lower staff costs and depreciation and amortization.
Secured debt fell 94% from June 30 to $1.25 million at September 30, with no Bitcoin pledged.
A November purchase of 600 miners is expected to increase active hashrate by about 10%, with deployment planned by mid-December 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PowerCompute Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611130700PRIMZONEFULLFEED9877037) on November 13, 2026, and is solely responsible for the information contained therein.

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.

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PowerCompute Q3 2026 net income swings to $387,729 from year-earlier loss

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