Digi Power X Targets $250-$300M Annualized Revenue Run Rate for FY2027

Digi Power X Inc. (DGXX) provided an operations and financial update, highlighted by its fiscal 2027 revenue outlook and significant progress on its flagship AI data center campus. The company reported a strong financial position, with construction on track and its GPU-as-a-Service platform, NeoCloudz, now generating AI-related revenue.

Key Details

• FY2027 Revenue Outlook: Targets an annualized run rate of $250-$300 million, comprised of AI colocation (up to ~$200M), GPU-as-a-Service (~$100M), and energy sales (~$12M).
• Financial Position (as of July 3, 2026): The company holds approximately $155 million in cash and cash equivalents with no long-term debt. It has deployed ~$95 million in capital year-to-date for its Alabama site.
• AI Data Center Update: Construction of the flagship AI data center remains on schedule. Phase 1 is targeted for service in December 2026, with Phase 2 expected by the end of Q1 2027.