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WhiteFiber, Inc. WYFI Colocation Services — Wage Expense

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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+85.5%
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:WageExpense.

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 itemCloud servicesColocation servicesTotal
Electricity costs905,552831,1891,736,741
Datacenter lease expense1,395,148467,1771,862,325
GPU lease expense3,715,232-3,715,232
Wage expense-204,911204,911
Third-party customer support fees147,753-147,753
Other segment items (b)615,598449,5061,065,104
Intersegment cost of revenue8,679-8,679
Segment cost of revenue6,787,9621,952,7838,740,745

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

FAQ

What is WhiteFiber, Inc.'s colocation services — wage expense?
WhiteFiber, Inc. (WYFI) reported colocation services — wage expense of $204.91K in Q1 2026.
How has WhiteFiber, Inc.'s colocation services — wage expense changed year-over-year?
WhiteFiber, Inc.'s colocation services — wage expense increased by 101.5% year-over-year, from $101.7K to $204.91K.
What does colocation services — wage expense mean?
Includes the total compensation, benefits, and payroll-related costs for personnel directly supporting the colocation services segment. This metric measures the human capital investment required to maintain, manage, and scale the colocation operations. It is a key indicator of the labor intensity and operational overhead of the business unit.

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