Quantum Data Energy (QDE) H1 2026 earnings summary

Executive summary

• Achieved record electricity generation of approximately 4.7 GWh in H1 2026, up 15% year-over-year, driven by strong demand for flexible generation power.

• Pyebridge asset delivered a 9% revenue increase to £792,000, outperforming the wholesale market price by 58%.

• Bordersley (5 MW) entered construction, and Hindlip (7.5 MW) completed construction and commissioning, adding 12.5 MW to the portfolio.

• Raised £1,665,000 gross through equity placements to fund development and construction.

• Focused on capital-light scaling, with most new capacity funded by investment partners.

Financial highlights

• Revenue for H1 2026 was £792,059, up from £727,488 in H1 2025.

• Gross profit was £215,426, marginally down from £217,544 due to higher gas prices.

• Loss for the period reduced to £368,762 from £558,903 year-over-year.

• Administrative expenses increased to £639,855, reflecting higher business development and audit costs.

• Cash and cash equivalents at period end were £1,316,585.

Outlook and guidance

• Targeting expansion to 300+ MW of flexible generation capacity in the short to medium term.

• Immediate focus on bringing Hindlip and Bordersley into commercial operation, increasing operating capacity to ~20.6 MW.

• Disciplined approach to capital commitment, with further expansion contingent on securing grid connections.

• Continued advancement of AI datacentre power supply strategy.