Ionic Digital Past Earnings Performance

Past criteria checks 0/6

Ionic Digital's earnings have been declining at an average annual rate of -654.6%, while the Software industry saw earnings growing at 29.7% annually. Revenues have been growing at an average rate of 0.7% per year.

Key information

-654.56%

Earnings growth rate

-654.56%

EPS growth rate

Software Industry Growth	17.33%
Revenue growth rate	0.67%
Return on equity	-43.34%
Net Margin	-153.32%
Next Earnings Update	19 Aug 2026

Recent past performance updates

Recent updates

Seeking Alpha • Aug 11

Ionic Digital: The Nscale Lease Changes The Story

Summary I became an Ionic Digital shareholder through the Celsius bankruptcy, as did tens of thousands of other creditors, creating a real overhang that cannot be currently quantified. The existing 234 MW triple-net AI infrastructure lease demonstrates a core pivot in the business of Ionic and the phasing out of their legacy bitcoin mining business. IOND looks relatively fairly valued given the 89 MW expansion that has already been contracted out, assuming it is approved and delivered on time. I rate IOND a 'Hold'; the potential upside if the valuation relative to peers closes is enough for me to keep the shares for the time being. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Ionic Digital makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:IOND Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 26	152	-233	58
31 Dec 25	141	-248	49
31 Dec 24	154	40	43
31 Dec 23	115	-142	12

Quality Earnings: IOND is currently unprofitable.

Growing Profit Margin: IOND is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if IOND's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare IOND's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IOND is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.6%).

Return on Equity

High ROE: IOND has a negative Return on Equity (-43.34%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/18 21:51
End of Day Share Price	2026/08/18 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ionic Digital Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.