Csquare, Inc.

General Information
Business:

(Incorporated in Delaware)

Csquare is a leading North American enterprise digital infrastructure platform providing carrier-neutral colocation and interconnection services that support the applications powering the modern economy. We deliver mission-critical infrastructure to a diversified customer base of more than 1,700 enterprise, network, cloud, and technology customers. Our facilities support long-duration, availability-sensitive workloads with high barriers to exit, underpinned by strong customer retention, recurring revenue, and requirements for exceptional reliability, security, and connectivity.

We own and operate a geographically diverse portfolio of highly engineered, carrier-neutral data centers located in 21 major metropolitan markets across the United States, Canada and the United Kingdom. Given our presence in strategic locations, over 92% of the U.S. population is within two milliseconds of latency from one of our data centers. Our data centers provide essential infrastructure, including secure space, redundant power, advanced cooling systems, physical security, and dense interconnection capabilities, enabling customers to deploy and operate critical IT and network infrastructure.

As of March 31, 2026, our platform is comprised of 64 sites across 21 major metropolitan markets, delivering approximately 389 megawatts (“MW”) of Sellable Power Capacity and more than 36,600 interconnection products.

Note: Net loss and revenue are in U.S. dollars for the 12 months that ended March 31, 2026.

(Note: Csquare, Inc. priced its IPO at $21.00 – $2.00 below range – and sold 50 million shares – the number of shares in the prospectus – to raise $1.05 billion  on Wednesday night, July 15, 2026. Background: Csquare planned the IPO under these terms – 50 million shares at a price range of $23.00 to $27.00 – to raise $1.25 billion, if priced at the $25.00 mid-point of its range, according to its S-1/A filing on July 6, 2026. Initial Filing: Csquare filed its S-1 for its IPO on June 16, 2026, without disclosing the terms. Estimated proceeds were $100 million, a placeholder figure. Some Wall Street pros had estimated at the time that Csquare’s IPO might raise between $600 million and $700 million.)

 

Industry: Data Centers
Employees: 608
Founded: 2018
Contact Information
Address 3100 Olympus Blvd., Suite 510 Coppell, TX 75019
Phone Number (855) 699-8372
Web Address http://www.csquare.com/
View Prospectus: Csquare, Inc.
Financial Information
Market Cap $3251.62mil
Revenues $1024.68 mil (last 12 months)
Net Income $-150.94 mil (last 12 months)
IPO Profile
Symbol CSQR
Exchange NYSE
Shares (millions): 50.0
Price range $21.00 - $21.00
Est. $ Volume $1050.0 mil
Manager / Joint Managers Morgan Stanley/TD Securities/Wells Fargo Securities/BofA Securities/BMO Capital Markets/Scotiabank/Jefferies/J.P.Morgan/RBC Capital Markets/Societe Generale
CO-Managers Brookfield Capital Solutions/CIBC Capital Markets/National Bank of Canada Capital Markets/PNC Capital Markets
Expected To Trade: 7/16/2026
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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