Hyperscale Data Q1 Revenue Soars 76% to $44M, Eyes Guidance Increase
Hyperscale Data reported preliminary first-quarter revenue of approximately $44 million, a 76% increase year-over-year driven by Gresham’s $10 million post-bankruptcy contribution and a $10 million Ault Lending litigation settlement. The company is assessing raising full-year 2026 guidance after contributions from crane services, crypto mining and hotel operations.
1. Preliminary Q1 Revenue Results
Hyperscale Data expects preliminary Q1 2026 revenue of approximately $44 million, reflecting a 76% increase compared to Q1 2025. These unaudited results are based on current estimates and may be adjusted upon completion of quarterly closing procedures.
2. Subsidiary Contributions
Revenue growth was bolstered by Gresham Worldwide’s emergence from bankruptcy contributing about $10 million and Ault Lending’s receipt of a $10 million litigation settlement recognized as revenue in the quarter.
3. Other Operating Segments Performance
Core operations remained steady, generating roughly $11 million from crane services, $5 million from crypto asset mining and $4 million from hotel and real estate operations during the quarter.
4. Guidance Reassessment
Having set full-year 2026 revenue guidance at $180 million to $200 million in March, management is evaluating whether to reaffirm or increase that outlook based on strong first-quarter performance.