SharonAI Holdings, Inc. Class A Common Stock Q2 FY2026 Earnings Call

· Earnings call transcript and AI-powered summary

Date: Quarter ended June 30, 2026 | Key Message: Significant growth in AI factory capacity, contracted demand, and capital raised. Demand continues to outpace supply.

Key Operational Highlights

  • Secured AI Factory Capacity: 212 MW across Australia and New Zealand (upgraded from prior guidance of 132 MW; more than doubled from 100 MW three months ago). Started year at 54 MW (4x increase YTD).
  • Contracted Capacity: 120 MW under multiyear take-or-pay agreements; 92 MW available for sale.
  • Total Contract Value (TCV): ~$8.8 billion YTD (4x growth from $2.2 billion three months ago).
  • GPU Deployment Target: More than 64,000 NVIDIA GPUs by mid-2027.
  • Storage Partnership: Expanded VAST Data agreement to 600 petabytes (supports up to 100,000 GPUs).

Customer Wins & Contracts

  • Six-year strategic collaboration with NVIDIA: $4.9 billion TCV (initial 72 MW / 40,000 GB300 GPUs; $817M annual minimum revenue).
  • Five-year take-or-pay with global AI lab: $1.32 billion TCV.
  • Five-year take-or-pay with global technology company: $950 million TCV.
  • Five-year take-or-pay with global AI platform: $373 million TCV (B300 deployment at record >$4 per GPU-hour).
  • Earlier contracts (Q1): Canva, GMI, ESDS ($1.3 billion TCV).

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Operator: Good day, everyone, and welcome to the SharonAI Second Quarter 2026 Conference Call. [Operator Instructions] Please note, this conference is being recorded. It is now my pleasure to hand the floor over to your host, Ross Barrows, Head of Capital Strategy and Investor Relations. Sir, the floor is yours. Ross Barrows: Good afternoon, and welcome to our earnings call to discuss SharonAI's operating results for the quarter ended June 30, 2026. Joining me today is James Manning, SharonAI's Chief Executive Officer; and Tim Broadfoot, SharonAI's Chief Financial Officer. I'll now take a moment to read the safe harbor statement. During the course of this conference call, we may make certain forward-looking statements within the meaning of the federal securities laws, including statements regarding our expectations, plans, prospects, strategies, future operating results and financial performance. Although they may reflect our current expectations and are based on our current view of the industry and our business, they are not guarantees of future performance. These statements are subject to risks and uncertainties that could cause our actual results to materially -- be materially different from those expressed in these statements and speak only as of the date of this call. For more details on factors that could affect these expectations and cause these differences, please see our most recent Form 10-K and Form 10-Q and other SEC reports filed with the Securities and Exchange

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