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informal007 • yesterday at 4:47 PM • 3 replies • view on HN

| Quarter | Revenue (USD billions) | QoQ Growth |

| Q1 2026 | 4.731 | +131.9% |

| Q2 2026 | 11.555 | +144.1% |

| Q3 2026 | 16.800 | +45.4% |

The growth rate slowed in the latest quarter, which I think is why they decided to go public now.


Replies

MisterMunchkin • yesterday at 4:54 PM

Yeah the finance team started seeing how much "tokenmaxing" was costing and how little it was returning, so now everyone is slashing spending.

pow_ext • yesterday at 11:53 PM

not because they did the first quarter in net positive?

contemporary343 • yesterday at 4:49 PM

Yep...