“For the three months ended March 31, 2026, data center lease expenses increased $0.1 million, or 10%, compared to the data center lease expense incurred for the three months ended March 31, 2025 due to a new lease entered in March 2025.”10-Q · May 14, 2026 ↗
WhiteFiber, Inc.
WYFI
Market read
WhiteFiber, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.
- WYFI's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if WYFI's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- WYFI's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +66.2% year over year.
- Operating margin changed -35.2 percentage points in the latest annual period.
- Net margin changed -34.1 percentage points in the latest annual period.
- Diluted shares increased 16.8% in the latest annual period.
- EV/sales is 40% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
18.51Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Colocation/Data Center Services According to McKinsey & Company, power demand for data centers in the U.S.”10-K · Mar 26, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 7.4× · EV/sales 5.9×. Comparisons use only industry-matched filing peers.
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for WYFI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for WYFI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind WYFI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
BTBTBit Digital, Inc.supplierMar 26, 2026 ▾
“Professional and consulting fees were also higher, reflecting RSUs granted to consultants and consulting costs charged by Bit Digital to WhiteFiber per the TSA agreement.”
DUKDuke Energy CorporationcustomerSep 17, 2025 ▾
“The purchase price will increase by (i) $8 million, if Duke Energy actually provides, or provides an Electric Services Agreement providing for, at least 99 MW (gross) within two years of the Closing Date, or (ii) $5 million, if Duke Energy actually provides,…”
Depended on by
BTBTBit Digital, Inc.investeeMay 15, 2026 ▾
“WhiteFiber acquired Enovum on October 11, 2024.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
WYFI is currently a Follower in the organic co-movement group Energy Technology Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for WYFI; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.