AI Cloud Services Bitcoin Mining revenue declined 21.3% year over year to $111.2 million while AI Cloud Services revenue increased 833% to $33.6 million. IREN reported that the decrease in Bitcoin Mining revenue was driven by lower average Bitcoin prices and decommissioning mining hardware ahead of GPU installation and billing. Average operating hashrate increased 22.4% year over year to 36.0 EH/s from 29.4 EH/s.
Data 360, Headless Platform, and Other Subscription and support revenue increased 11.7% year over year to $10.820B. Within Subscription and support, Agentforce Apps revenue increased 7.7% to $7.193B, Data 360, Headless Platform, and Other revenue increased 20.3% to $3.618B, and Hedging gains was $9M. Professional services and other declined 4% to $525M. Management cited strong momentum in Agentforce Apps and Data 360, bolstered by the acquisition of Informatica.
Data Center Data Center revenue increased 117% to $89.0 billion, representing 92.5% of total revenue. Within Data Center, NVIDIA announced the NVIDIA Vera Rubin platform is ramping into full production, and NVIDIA Blackwell led across every category in the MLPerf Training 6.0 benchmarks. Edge Computing revenue increased 27% to $7.2 billion.
Enterprise Advanced Box revenue increased 9.2% year over year to $321.15M. Management said Box delivered exceptional second quarter results, led by the rapid customer adoption of Enterprise Advanced.
Falcon Platform Subscription revenue increased 26% year over year to $1.32 billion. Subscription revenue growth was primarily driven by new customer additions and sales of additional sensors and modules to existing customers. 51% of CrowdStrike’s subscription customers were using six or more Falcon modules. Professional Services revenue increased 23% to $64.8M.
Signal Integrity Signal Integrity revenue increased 64% to $126.2M, the fastest year over year growth among Semtech’s reported operating divisions. Analog Mixed Signal and Wireless revenue increased 27.6% to $117.4M, and IoT Systems and Connectivity revenue increased 10.7% to $98.3M.
Transaction Services Online Marketing Services and Others revenue increased 3.4% year over year to RMB57.6B and rebounded 15.4% sequentially. Transaction Services revenue increased 13% to RMB54.7 billion.
Smart Home & Robot Product PaaS revenue increased 16.9% year over year to $67.9 million in Q2. AI application & others revenue increased 3.9% to $11.5 million. Smart home & robot product revenue increased 23.2% to $13.5 million, primarily due to growing customer demand. Tuya noted revenue performance reflected resilient demand across selected home appliance categories and increasing adoption of differentiated, AI-enabled products and solutions.
Enterprise Advanced and Box AI BOX revenue increased 11% year over year to $305.9M. Management said continued customer adoption of Enterprise Advanced and Box AI solutions is driving accelerating revenue growth.
Transaction Services Online Marketing Services and Others revenue increased 2.5% year over year to RMB49.9B, but declined 16.8% sequentially. Transaction Services revenue increased 20% to RMB56.3B
