
Gemini Reports 37% Revenue Increase, $107.7 Million Net Loss in Q2
Gemini sees 37% Q2 revenue growth to $45.5M, offset by $107.7M net loss due to weakened exchange trading and a $16.1M credit fraud provision.

Gemini sees 37% Q2 revenue growth to $45.5M, offset by $107.7M net loss due to weakened exchange trading and a $16.1M credit fraud provision.

Solana Company (HSDT) reported $2.512 million in Q2 staking revenue, but automatic restaking and $11.892 million in operational cash use meant staking did not fund operations. The firm relied on asset sales, equity, and divestments to cover costs.

Asiana Airlines reports a Q2 net loss of 328.6 billion won ($231 million), up from 233.2 billion won a year ago, due to higher fuel costs and a weaker Korean currency, amidst approval for its merger with Korean Air.

South Korea's Emart Inc. reported a wider Q2 net loss of 136.8 billion won, impacted by equity-method losses from affiliate Starbucks Coffee Korea following a controversial 'Tank Day' promotion.

Trump Media & Technology Group reported a $238 million Q2 net loss, primarily due to $190 million in unrealized digital asset losses, despite a 89% revenue increase to nearly $2 million.

SharpLink reported a $394 million net loss for Q2 2026, driven by unrealized crypto losses and staked Ether impairments. Despite the downturn, the company resumed large-scale Ether purchases in late June.

Ethereum treasury company SharpLink reported a $1.08 billion net loss for the six months ended June 30, driven largely by unrealized declines in ETH value and staked token impairments.

Bitdeer mined 2,694 Bitcoin in Q2 2026, a nearly fivefold year-over-year increase, while reporting $228.8 million in revenue and a widened net loss of $92.3 million.
Ola Electric shares dropped 6% after reporting a narrower Q1 FY27 net loss of Rs 336 crore, while quarterly revenue from operations fell 45% YoY to Rs 455 crore despite sequential order and delivery growth.

Nasdaq-listed Bitcoin miner CleanSpark reported $138 million in third-quarter fiscal 2026 revenue, marking a 30.5% year-over-year decrease and a net loss of $239 million. The revenue narrowly missed analyst estimates, prompting a share price drop followed by a partial pre-market recovery.

Galaxy Digital reported an $85 million Q2 net loss driven by lower digital-asset prices, even as Phase I capacity under its CoreWeave lease began contributing. The company expects $80 million in quarterly leasing revenue starting in Q3.

Galaxy Digital reported an $85 million net loss for Q2 2026 due to falling cryptocurrency valuations, with revenue dropping 15% to $8.7 billion. Shares fell 6.2% in premarket trading.

Coupang Inc. reported a Q2 net loss of 865 billion won ($570 million) compared to a net profit a year earlier, driven by record fines from a massive data breach involving over 37 million customers.

American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., reported record Q2 Bitcoin production of 932 BTC, boosting mining revenue to $67 million. The Nasdaq-listed company narrowed its net loss to $57.2 million and completed a reverse stock split.

Coinbase's Q2 2026 results show 88% of net revenue came from non-Bitcoin spot trading, yet the company posted a $359.5 million net loss. Diversification efforts, including derivatives and stablecoin distribution, softened the revenue decline but didn't offset it entirely.

Coinbase reported $1.22 billion in Q2 revenue, missing estimates, and a $359 million net loss, causing shares to fall 5% in after-hours trading. The decline was attributed to reduced crypto spot trading volume and lower crypto asset prices, despite some market share gains.

MMK Group reported a net loss of 19.1 bln rubles ($244.3 mln) in H1 2026, down from a profit a year prior, as revenue fell 10% due to lower selling prices. Q2 2026 saw revenue increase by 18.8% quarter-on-quarter due to seasonal demand recovery.
Budget carrier IndiGo reported a net loss of Rs 238 crore for Q1 FY27, a significant decline from a Rs 2,176 crore profit last year. This loss occurred despite a 20% revenue increase, primarily due to a substantial 86% surge in aircraft fuel expenses.

LG Display Co. reported a net loss of 418.8 billion won in Q2, swinging from a profit, primarily due to one-off costs from a voluntary retirement program. Despite this, operating losses narrowed, and the company plans to expand premium OLED product sales in H2.
Tata Play's net loss increased to ₹551 crore in FY26 due to declining DTH subscribers migrating to free platforms and streaming services. Revenue fell 13.5% amid a dispute with Sony Pictures Networks India, impacting market share.

Meituan reported a net loss of 4.97 billion yuan for Q1, its third straight losing quarter. However, a 7.6 billion yuan gain from investments, notably in Zhipu (Z.ai), offset the loss. Meituan's shares rose over 9% following the announcement.

Meituan reported a 5.6% year-on-year revenue increase to 91 billion yuan (US$13.45 billion) for the first quarter. CEO Wang Xing highlighted overseas expansion, particularly the Keeta food delivery business in the Middle East, and AI initiatives.

AI Financial Corp. reported a $271.5 million Q1 net loss, citing a working capital deficit and liabilities that cast doubt on its ability to continue operations. The company's significant holdings in World Liberty Financial (WLFI) tokens have depreciated substantially.

Bitcoin miner Canaan's Q1 net loss widened to $88.7M on revenue down 68% QoQ to $62.7M. The firm is cutting costs and shifting focus to AI and high-performance computing infrastructure.