xAI filing shows adjusted net income of $2.67B in H1 2026 after years of losses
felpix_ · x · 2026-10-26
A non-GAAP table from xAI's filing shared by felpix shows adjusted net loss widening from $457M (2023) to $2.68B (2024) and $4.45B (2025), then flipping to $2.67B adjusted net income in the six months ended June 2026. Adjusted operating margin improved from -1,273% to +10%, with $1.62B adjusted operating income. If accurate, xAI went from deep losses to profitability within two years. Posted with the classic Michael Jordan crying meme.
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