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WhiteFiber, Inc. WYFI Colocation Services — Cost Of Revenuesexclusive Of Depreciation

Other product segments

Cloud Services
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Other financials

Income statement

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Revenue$21.9M+30.7%
Operating income-$11.0M-639%
Net income-$12.0M-943%
EPS (diluted)-$0.31-720%

Balance sheet

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Cash & equivalents$80.1M+525%
Total debt$29.3M
Total equity$352.6M+59.8%
Total assets$796.3M

Cash flow

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Operating cash flow$3.2M+210%
CapEx$169.2M+237%
Free cash flow-$165.9M-213%

Valuation

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Market cap$951.07M+77.9%
Enterprise value$900.25M
P/S11.3×

Profitability

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Operating margin-47.3%
Net margin-45.2%
FCF margin-398%

Returns & leverage

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Return on equity-13.3%
Debt / equity0.1×
Current ratio2.8×

Where this comes from

Reported directly by WhiteFiber, Inc. in its filing.

Tagged under the XBRL concept wyfi:CostOfRevenuesexclusiveOfDepreciation.

The source filing: WhiteFiber, Inc.’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-056212
Line itemFor the Three Months Ended March 31 / 2026For the Three Months Ended March 31 / 2025
Operating costs and expenses
Cost of revenue (exclusive of depreciation shown below)
Cloud services(6,779,283)(6,104,841)
Colocation services(1,952,783)(545,836)
Depreciation and amortization expenses(6,441,112)(3,829,644)
General and administrative expenses(17,770,097)(4,243,819)
Total operating expenses(32,943,275)(14,724,140)
(Loss) income from operations(11,019,824)2,043,376

Item 1. Financial Statements. Item 1. Financial Statements and Supplementary Data

FAQ

What is WhiteFiber, Inc.'s colocation services — cost of revenuesexclusive of depreciation?
WhiteFiber, Inc. (WYFI) reported colocation services — cost of revenuesexclusive of depreciation of $1.95M in Q1 2026.
How has WhiteFiber, Inc.'s colocation services — cost of revenuesexclusive of depreciation changed year-over-year?
WhiteFiber, Inc.'s colocation services — cost of revenuesexclusive of depreciation increased by 257.8% year-over-year, from $545.84K to $1.95M.
What does colocation services — cost of revenuesexclusive of depreciation mean?
This metric captures the direct operating expenses incurred to deliver colocation services, excluding non-cash depreciation charges. It typically includes costs such as facility electricity, site maintenance, and direct labor required to keep the data centers operational. Tracking this figure is essential for evaluating the direct variable and fixed costs of service delivery and calculating the underlying gross margin.

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