WhiteFiber Reports 61% Revenue Growth in Q4 2025 and Secures $865 Million Nscale Contract

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Key Takeaways
- Fourth-quarter revenue increased 61% year-over-year to $23.6 million, supported by the operational launch of the MTL-3 facility.
- The company executed a 10-year, 40 MW colocation agreement with Nscale for the NC-1 campus, representing $865 million in expected contracted revenue.
WhiteFiber's fourth-quarter performance was bolstered by a 48% increase in cloud services revenue, which reached $19.3 million. Colocation services revenue rose to $3.9 million, up from $1.4 million in the prior-year period, following the commencement of operations at the MTL-3 facility and revenue generation from a colocation agreement with Cerebras. Despite the revenue growth, the company reported a net loss of $1.5 million for the quarter, compared to a $1.0 million loss in Q4 2024.
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