GigCapital7 (GIG) Q2 2026 earnings summary

Executive summary

• Completed business combination in May 2026, raising $22,944 in net proceeds and becoming a public company.

• Developing a 10MWe micro modular reactor (MMR) with advanced safety and rapid deployment features.

• No revenue generated to date; focus remains on R&D, regulatory progress, and strategic partnerships.

Financial highlights

• Net income of $30,926 for the six months ended June 30, 2026, compared to a net loss of $6,982 for the same period in 2025, driven by non-cash gains from remeasurement of SAFEs, legal settlement, and warrant liabilities.

• Operating loss of $6,182 for the six months ended June 30, 2026, versus $1,157 loss in the prior year period.

• Cash balance of $22,217 as of June 30, 2026, with no debt outstanding.

• Stock-based compensation expense increased to $10,634 for the six months ended June 30, 2026, from $604 in the prior year.

Outlook and guidance

• Existing cash expected to support operations for at least one year from the reporting date.

• No revenue anticipated until commercialization of reactors; continued operating losses expected as development and regulatory activities ramp up.