Ebang International Holdings Inc. Announces Unaudited Financial Results for the First Half of Fiscal Year 2026

GROVER, N.C., Aug. 14, 2026 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON) (the “Company,” “we,” “us” or “our”), today announced its unaudited financial results for the first half of fiscal year 2026.

Operational and Financial Highlights for the Six Months Ended June 30, 2026

Total net revenues reached approximately US$3.92 million for the first half of 2026, representing a 9.54% increase compared to approximately US$3.58 million in the same period of 2025.

Gross profit improved to approximately US$0.73 million for the first half of 2026, compared to a gross loss of approximately US$0.65 million in the prior-year period.

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Net loss was approximately US$5.54 million for the first half of 2026, compared to approximately US$4.50 million in the prior-year period.

“In the first half of fiscal year 2026, amid the accelerating global energy transition and continued investment in digital infrastructure, we remained focused on advancing our diversified growth strategy and capturing new opportunities in the energy, electric power equipment, and digital infrastructure sectors. During this period, our total revenue increased year over year, and we achieved meaningful progress in our renewable energy and related businesses initiative, laying a solid foundation for further business expansion and strengthening our long-term competitiveness,” said Mr. Dong Hu, Chairman and Chief Executive Officer of the Company.

Mr. Hu continued, “With the acceleration of global electrification, ongoing power grid upgrades, and surging demand for high-reliability power solutions—particularly from new computing infrastructure such as AI data centers—we are expanding our presence in advanced soft magnetic materials, electric power equipment, energy storage systems, and digital energy infrastructure. Leveraging our strengths in advanced manufacturing, engineering expertise, supply chain integration, and global operations, we will continue to strengthen coordination across our research and development, manufacturing, supply chain, and sales functions, foster synergies across our business segments, and enhance our competitive position in the global digital energy infrastructure sector.”

“Looking ahead, we will maintain a prudent yet flexible approach as we actively engage with and capitalize on the opportunities presented by the global energy transition and ongoing digital infrastructure modernization. Driven by technological innovation and supported by deeper collaboration across our value chain, we will continue to optimize our business portfolio with a focus on energy, electric power equipment, and digital infrastructure opportunities with strong growth and value-creation potential. Our goal is to build a more resilient, diversified, and sustainable business platform that delivers efficient, reliable solutions to customers worldwide and creates lasting value for our shareholders.”

Total net revenues for the six months ended June 30, 2026 were US$3.92 million, a 9.54% increase from US$3.58 million in the prior-year period.