Hyperscale Data Announces Preliminary Third Quarter 2026 Revenue of Approximately $40 Million, Up 64% Compared to Third Quarter 2025
PR Newswire•15/10/2026•06:30 ET
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Key Highlights
- ➤Preliminary Q3 revenue approximately $40 million, up 64% year over year
- ➤Defense revenue $12.4 million versus $1.7 million, reflecting Gresham Worldwide reconsolidation
- ➤Crane operations revenue $12.2 million, up approximately 26% year over year
- ➤Lending and trading revenue $4.7 million versus approximately $0.1 million
- ➤Michigan AI data center opportunity remains under development, with disciplined execution emphasized
Expert Statements
William B. Horne, Chief Executive Officer of Hyperscale Data
“We are encouraged by the contributions across our portfolio, including continued growth in our crane business and stronger results from lending and software-related activities. As we advance the Michigan AI data center opportunity, we remain focused on disciplined execution and developing the value of our individual businesses.”
Milton "Todd" Ault III, Executive Chairman of Hyperscale Data
“I am extremely pleased to see our individual business segments growing. It is encouraging to see our plans come to fruition and I look forward to continuing to support the individual management teams within each segment as they seek to continue on their respective upward trajectories.”
Hyperscale Data Announces Preliminary Third Quarter 2026 Revenue of Approximately $40 Million, Up 64% Compared to Third Quarter 2025 PR Newswire
Growth reflects increased contributions from crane operations, defense, lending and trading, and blockchain infrastructure software
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