$GPUSOct 15, 2026, 7:35 AM ETAI processed
Hyperscale Data (GPUS) reports preliminary Q3 revenue ~$40M, +64% YoY
AI Summary
Hyperscale Data (NYSE: GPUS) said preliminary consolidated revenue for Q3 2026 was approximately $40.0 million, up ~64% from $24.3 million in Q3 2025, driven by stronger crane operations, a large defense revenue increase after reconsolidating Gresham, and higher lending/trading and blockchain software contributions. The figures are preliminary and unaudited and remain subject to quarter-end close; gains were partially offset by lower Bitcoin mining revenue and the defense uplift reflects reconsolidation rather than purely organic growth.
Positives
- Preliminary consolidated Q3 revenue of ~$40.0M, up ~64% year-over-year
- Defense revenue rose to ~$12.4M from $1.7M in prior-year quarter following reconsolidation of Gresham
- Lending and trading revenue increased to ~$4.7M from ~$0.1M in the prior-year quarter
Negatives
- Reported figures are preliminary, unaudited and subject to change after quarter-end close
- Revenue growth was partially offset by lower Bitcoin mining revenue in the quarter
- Defense revenue increase was driven by reconsolidation (non-organic), not solely organic growth
