Hyperscale Data Reports About $44 Million in Preliminary Q1 Revenue, Up 76%

Overview

• Hyperscale Data, which issued the update Thursday, said unaudited first-quarter revenue was about $44 million, up 76% from the same period in 2025.
• Revenue mix included about $10 million from Gresham after its bankruptcy exit and $10 million from an Ault Lending litigation settlement, plus roughly $11 million from crane services, $5 million from crypto mining, and $4 million from hotel and real estate.
• Management is weighing whether to raise its prior 2026 revenue outlook of $180 million to $200 million, with an update planned after final first-quarter results in May.
• The company said the figures are preliminary and may change as it completes closing procedures, and it warned that Ault Lending’s trading can cause large swings in reported earnings.
• Shares rose in pre-market trading after the update, with GPUS up about 8% to $0.1404.