Earnings ·
Ionic Digital reports Q3 revenue of $49M and reaffirms full-year outlook
IONDIonic Digital Inc.
Ionic Digital Inc. reported third-quarter 2026 total revenue of $49 million, a 32% increase year-over-year, driven by digital infrastructure leasing which accounted for approximately 90% of the top line. The company posted net income of $17 million, though this included a $73 million non-cash gain on cryptocurrency and a $66 million charge related to warrant fair value adjustments. Adjusted EBITDA rose sharply to $35 million from less than $1 million in the prior year period as operations shifted toward higher-margin leasing. The company reaffirmed its full-year 2026 outlook, expecting total revenue between $190 million and $195 million and adjusted EBITDA of $137.5 million to $142.5 million. Ionic Digital operates in the high-performance computing and data center infrastructure sector.