Filing Flows › Hyperscale Data (GPUS) › Q4 2024
Hyperscale Data (GPUS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Hyperscale Data (GPUS) reported revenue of $19.4M for the fourth quarter 2024 (Q4 2024), -63% from a year earlier and -37% from the quarter before. Operating margin was -46.8%, net loss $4.3M (22.2% of revenue).
Hyperscale Data, Q4 2024: revenue $19.4M (-63% year over year), operating margin -46.8%, net loss $4.3M, operating cash flow −$9.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.4M | -37% | -63% |
| Operating profit | −$9.1M | — | — |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | −$9.2M | — | — |
What changed
Revenue was $19.4M in Q4 2024, down 63% year over year and down 37% from the previous quarter.
Gross margin was 6.5%, down 6.9 points from a year earlier. Operating costs exceeded revenue by $9.1M, an operating margin of -46.8%. Operating expenses fell 82% while revenue fell 63%. The fastest-growing cost line was Research & development (+58%). The quarter ended with a net loss of $4.3M, narrower than the previous quarter's $29.6M loss. Minority interests bore $3.9M of it: to shareholders the quarter was a loss of $445K. Non-operating items added $4.8M, -112% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$9.2M. Non-cash charges added back $4.8M of depreciation and amortization and $316K of share-based compensation. Working capital and other items used $10.0M. Capital expenditures of $66K exceeded it, leaving free cash flow of −$9.3M.
Questions
What was Hyperscale Data's revenue in the fourth quarter 2024?
Hyperscale Data (GPUS) reported revenue of $19.4M for the fourth quarter 2024 (Q4 2024), -63% from a year earlier and -37% from the quarter before.
Was Hyperscale Data profitable in the fourth quarter 2024?
Operating loss was $9.1M (-46.8% of revenue) and net loss $4.3M.
Source: Hyperscale Data 10-K on SEC EDGAR.