8-K Announcements
6Material company update
May 1, 2026·SEC
Material company update
Apr 23, 2026·SEC
Material company update
Apr 8, 2026·SEC
Mawson Infrastructure Group, Inc.(MIGI)Earnings, Financials & Key Ratios
MIGI•NASDAQ
$5.50
Price updated Jun 20, 2026
AboutMawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia.Show more
- EBITDA-$13M-5.3%
- Net Income-$24M+48.7%
- EPS (Diluted)-20.11+61.2%
- Gross Margin43.63%+27.5%
- EBITDA Margin-32.62%-57.0%
- Operating Margin-50.02%+4.8%
- Net Margin-59.51%+23.6%
MIGI Price & Volume
Mawson Infrastructure Group, Inc. (MIGI) stock price & volume — 10-year historical chart
Loading chart...
Persistent Operational Contraction Threatens Long-term Solvency
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Insolvency and liquidity exhaustion
Key Thesis Takeaways
- Mawson Infrastructure Group faces a precarious outlook characterized by severe revenue degradation and a structural inability to achieve consistent operating profitability.
- The company's reliance on debt, evidenced by a 6.13 debt-to-equity ratio, combined with a rapidly depreciating asset base, suggests significant long-term solvency risks.
- Investors should remain cautious as the firm's persistent negative free cash flow and liquidity constraints may necessitate further dilutive financing to sustain operations.
Verdict Logic
the company's inability to generate positive free cash flow, coupled with a critical liquidity buffer indicated by a current ratio of 0.47, suggests an unsustainable path for shareholder value.
MIGI Growth Metrics
Mawson Infrastructure Group, Inc. (MIGI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years54.96%
3 Years-22.19%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM15.77%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM32.97%
Return on Capital
10 Years-395.61%
5 Years-92.27%
3 Years-119.19%
Last Year-62.91%
MIGI Recent Earnings
Mawson Infrastructure Group, Inc. (MIGI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 18, 2026Metric
Actual
Est
EPS
$0.13+101.3%
$10.40
Rev
$5M+0.0%
$5M
Q2 2026
Mar 31, 2026Metric
Actual
Est
EPS
$4.40+57.7%
$10.40
Rev
$3M-39.0%
$5M
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$0.20+101.9%
$10.60
Rev
$13M+148.6%
$5M
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$8.00-233.3%
$2.40
Rev
$10M+79.9%
$5M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 18, 2026 | $0.13vs $10.40+101.3% | $5Mvs $5M+0.0% |
| Q2 2026 | Mar 31, 2026 | $4.40vs $10.40+57.7% | $3Mvs $5M-39.0% |
| Q4 2025 | Nov 14, 2025 | $0.20vs $10.60+101.9% | $13Mvs $5M+148.6% |
| Q3 2025 | Aug 14, 2025 | $8.00vs $2.40-233.3% | $10Mvs $5M+79.9% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Mawson Infrastructure Group, Inc. (MIGI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $5.50 | $5.41M | -0.27 | -32.92% | -59.51% | — | — | |
| $21.17 | $8.03B | -10.86 | 71.89% | -132.76% | -28.78% | — | |
| $12.05 | $4.59B | -3.27 | 38.2% | -234.83% | -51.65% | — | |
| $12.48 | $3.2B | 11.14 | 102.21% | -67.66% | -29.93% | — | |
| $20.47 | $8.31B | -9.52 | 48.04% | -512.96% | -115.53% | — | |
| $39.82 | $14.21B | 102.09 | 167.65% | 31.71% | 9.12% | — |
Compare MIGI vs Peers
Mawson Infrastructure Group, Inc. (MIGI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MIGI SEC Filings & Documents
Mawson Infrastructure Group, Inc. (MIGI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when MIGI posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
MIGI Frequently Asked Questions
Mawson Infrastructure Group, Inc. (MIGI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Mawson Infrastructure Group, Inc.'s revenue?
Mawson Infrastructure Group, Inc. (MIGI) reported $30.8M in revenue for fiscal year 2025.
How fast is Mawson Infrastructure Group, Inc. growing?
Mawson Infrastructure Group, Inc. (MIGI) saw revenue decline by 32.9% over the past year.
Is MIGI profitable?
Mawson Infrastructure Group, Inc. (MIGI) reported a net loss of $22.5M for fiscal year 2025.
Dividend & Returns
What is Mawson Infrastructure Group, Inc.'s free cash flow?
Mawson Infrastructure Group, Inc. (MIGI) had negative free cash flow of $23.7M in fiscal year 2025, likely due to heavy capital investments.