Hyperscale Data preliminary Q1 revenue rises 76%, mulling FY outlook hike

Hyperscale Data

30/04/2026 11:57

Overview

AI data center firm's preliminary Q1 revenue rose 76% yr/yr to about $44 mln

Q1 revenue growth driven by Gresham and Ault Lending subsidiaries, including litigation settlement

Outlook

Hyperscale Data evaluating whether to reaffirm or increase 2026 revenue guidance of $180 mln-$200 mln

Company cites momentum in AI data center, robotics, blockchain, and financial services operations

Company expects to update 2026 revenue outlook after reporting final Q1 results in May

Result Drivers

GRESHAM REVENUE - Q1 included about $10 mln from Gresham Worldwide after its emergence from bankruptcy, not present in prior-year period

AULT LENDING SETTLEMENT - About $10 mln in Q1 revenue came from Ault Lending's legacy ownership interests via a litigation settlement

DIVERSIFIED OPERATIONS - Revenue from crane operations, crypto asset mining, and hotel/real estate remained solid, contributing to overall results

Company press release: ID:nPn3GQlpHa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$44 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)