Digi Power X Targets $250M-$300M Revenue Run Rate by Q3 2027

Digi Power X is targeting a $250 million to $300 million annualized revenue run rate by the end of Q3 2027, according to the company's own guidance. The target depends partly on additional AI colocation and GPU capacity that the firm has not yet contracted.

About $143 million of the goal is tied to current operations and the Columbiana tenant agreement. The remaining $107 million to $157 million depends on added AI colocation and GPU capacity. An annualized run rate expresses a revenue pace as a full-year figure; it does not mean Digi Power X has already earned that amount over twelve months.

How does the company plan to finance the buildout?

Digi Power X has set a $350 million capital plan for 2027. Management expects to fund it mainly with three sources: customer deposits and prepayments, contract debt financing, and cash on hand.

A proposed $200 million financing facility forms part of the plan. That facility remains subject to definitive documentation and other conditions, meaning the money is not yet secured. If the facility fails to close, the company would need to lean harder on customer prepayments or internal cash to cover the same capital program.

What is the Columbiana timeline?

The Columbiana site carries the near-term commercial weight of the plan. Tenants are expected to access the first phase on Dec. 15, 2026, with billing scheduled to begin in January 2027. Tenant access to the second phase is expected in March 2027.

That schedule makes January 2027 the first month in which Columbiana contributes billed revenue, roughly nine months before the Q3 2027 run-rate target date. Phase two access in March 2027 leaves two quarters for the expanded capacity to compound into the annualized figure.

How solid is the $143 million already anchored?

Roughly 57 percent of the low-end target rests on operations and contracts already in place, including the Columbiana tenant agreement. The balance is aspirational: it requires Digi Power X to sign and energize additional AI colocation and GPU capacity before the end of Q3 2027.

This split matters for anyone assessing the guidance. The secured portion reflects existing agreements and running operations. The unsecured portion reflects sales pipeline and construction execution, both of which carry schedule risk typical of data center development.

What should readers watch next?

Three checkpoints will test whether the target holds. First, the closing of the proposed $200 million financing facility, which management has not yet documented definitively. Second, first-phase tenant access on Dec. 15, 2026 and the start of billing in January 2027. Third, phase two tenant access in March 2027, which determines how much capacity can contribute before the Q3 2027 exit measurement.

If billing starts on schedule in January 2027, the company will have three reported quarters to demonstrate that the contracted $143 million base is pacing toward the full annualized target.