{
  "id": 3359165,
  "title": "Earnings call transcript: QumulusAI posts strong Q2 2026 revenue growth",
  "url": "https://urgent.news/2026/08/25/earnings-call-transcript-qumulusai-posts-strong-q2-2026-revenue-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T21:52:45.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-qumulusai-posts-strong-q2-2026-revenue-growth-93CH-4876002"
  },
  "original_language": "en",
  "account": "QumulusAI reported a strong Q2 2026 earnings call, with revenue soaring 118% year-over-year to $6.7 million. The company's GPU fleet doubled to 3,088 units, and gross margins expanded to 66.6%, up from 55.1% the previous quarter. Adjusted EBITDA improved to a $0.8 million loss, down from a $2.8 million loss in Q1. Management highlighted rapid scaling, with compute power revenue now accounting for 84% of total revenue, up from 43% a year earlier. Contracts with customers now represent 96% of recurring revenue, a sharp increase from less than 10% a year ago. The company remains far below its 52-week high and has a large gap between revenue and contract backlog. Management aims to deploy 18 megawatts of high-performance computing capacity by year-end 2026, with 8 megawatts already installed and another 10 under development.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Earnings Snapshot: Zoom Q2 EPS beat meets 7.8% enterprise growth; FY27 FCF outlook strong",
        "url": "https://urgent.news/2026/08/25/earnings-snapshot-zoom-q2-eps-beat-meets-7-8-enterprise-growth-fy27",
        "published": "2026-08-25T20:39:04.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Zoom delivers quarterly results beat, raises full year profit and revenue guidance",
        "url": "https://urgent.news/2026/08/25/zoom-delivers-quarterly-results-beat-raises-full-year-profit-and",
        "published": "2026-08-25T20:44:37.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Zoom reports Q2 revenue up 4.9% YoY to $1.28B, vs. $1.27B est., enterprise revenue up 7.8% to $787.5M, and forecasts Q3 adjusted EPS below estimates (Brody Ford/Bloomberg)",
        "url": "https://urgent.news/2026/08/25/zoom-reports-q2-revenue-up-4-9-yoy-to-1-28b-vs-1-27b-est-enterprise",
        "published": "2026-08-25T21:15:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}