Filing Flows › Hyperscale Data (GPUS) › Q1 2026 › vs Q4 2025
Hyperscale Data (GPUS) Q1 2026 vs Q4 2025 (quarter over quarter)
Hyperscale Data's revenue rose $17.2M (+64%) from $26.9M in Q4 2025 to $44.1M in Q1 2026.
Hyperscale Data, Q1 2026: revenue $44.1M (+76% year over year), operating margin -48.3%, net loss $30.1M, operating cash flow −$193K. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $44.1M | $26.9M | $17.2M | +64% |
| Net loss | $30.1M | $29.9M | $232K | +0.8% |
| Costs & expenses | $74.2M | $58.7M | $15.5M | +26% |
| Operating costs | $65.4M | $58.6M | $6.7M | +12% |
| Interest & other, net | $8.6M | −$1.9M | $10.5M | — |
| Income tax | $216K | $72K | $144K | +200% |
| Cost of revenue | $29.0M | $23.0M | $6.0M | +26% |
| Research & development | $4.8M | $3.0M | $1.8M | +61% |
| Sales & marketing | $5.6M | $2.4M | $3.3M | +138% |
| General & admin | $18.5M | $19.6M | −$1.1M | -6% |
| Other operating costs | $7.4M | $10.6M | −$3.2M | -30% |
| Operating cash sources | $30.1M | $29.9M | $232K | +0.8% |
| Depreciation & amortization | $6.4M | $5.1M | $1.3M | +26% |
| Share-based compensation | $67K | $500K | −$433K | -87% |
| Working capital & other | $23.5M | −$13.4M | $36.9M | — |
| Cash used in operations | $193K | $37.7M | −$37.5M | -99% |
| Net loss absorbed | $30.1M | $29.9M | $232K | +0.8% |
Questions
How much did Hyperscale Data's revenue grow quarter over quarter in Q1 2026?
Hyperscale Data's revenue rose $17.2M (+64%) from $26.9M in Q4 2025 to $44.1M in Q1 2026.