Big Digital Energy reported third-quarter 2026 revenue of $8.7 million, a 41% increase from the prior quarter, driven by a 132% surge in energy management revenue to $6.1 million and a 374% jump in digital assets mining revenue to $0.2 million. Digital colocation revenue declined 30% QoQ to $2.4 million. The company posted a net loss of $6.5 million and an adjusted EBITDA loss of $3.4 million, while average monthly operating cash burn improved significantly to approximately $850 thousand from $3.4 million in the first half of 2026. Management expects positive operating cash flow by the first quarter of 2027. The company also announced that a $4.9 million loan to joint venture partner 10NetZero was fully repaid and entered into a non-binding letter of intent with Tensor IQ for an AI/HPC campus at its Hood County site. Big Digital Energy designs, builds, and operates next-generation digital infrastructure platforms for AI, high-performance computing, and digital assets.
