Filing Flows › Hyperscale Data (GPUS) › Q2 2026
Hyperscale Data (GPUS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 19, 2026
Hyperscale Data (GPUS) reported revenue of $34.8M for the second quarter 2026 (Q2 2026), +35% from a year earlier and -21% from the quarter before. Operating margin was -66.3%, net loss $18.9M (54.4% of revenue).
Hyperscale Data, Q2 2026: revenue $34.8M (+35% year over year), operating margin -66.3%, net loss $18.9M, operating cash flow −$9.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $34.8M | -21% | +35% |
| Operating profit | −$23.1M | — | — |
| Net earnings | −$18.9M | — | — |
| Operating cash flow | −$9.7M | — | — |
What changed
Revenue was $34.8M in Q2 2026, up 35% year over year and down 21% from the previous quarter.
Gross margin was 25.2%, up 1.5 points from Q2 2025. Operating costs exceeded revenue by $23.1M, an operating margin of -66.3%. Operating expenses grew 96% against revenue growth of 35%. The quarter ended with a net loss of $18.9M, narrower than the previous quarter's $30.1M loss. Non-operating items added $4.1M, -22% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$9.7M. Non-cash charges added back $4.6M of depreciation and amortization and $491K of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $6.7M exceeded it, leaving free cash flow of −$16.4M.
Questions
What was Hyperscale Data's revenue in the second quarter 2026?
Hyperscale Data (GPUS) reported revenue of $34.8M for the second quarter 2026 (Q2 2026), +35% from a year earlier and -21% from the quarter before.
Was Hyperscale Data profitable in the second quarter 2026?
Operating loss was $23.1M (-66.3% of revenue) and net loss $18.9M.
Source: Hyperscale Data 10-Q on SEC EDGAR.