Hyperscale Data (GPUS-PD) Gross Margin (2010 - 2026)
Hyperscale Data's (GPUS-PD) quarterly Gross Margin came in at 25.24% in Q2 2026, up 155.0% year-over-year from 9.9% in Q2 2025, and down 26.16% quarter-over-quarter from 34.19% in Q1 2026.
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Hyperscale Data (GPUS-PD) Gross Margin (2010 - 2026) Analysis & Trends
Hyperscale Data (GPUS-PD) has reported Gross Margin for 17 consecutive years, with 25.24% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 155.0% year-over-year to 25.24% in Q2 2026; TTM through Jun 2026 was 26.14%, a 521.0% increase from a year earlier, with the FY2025 full-year figure at 21.13%, down 158.0% from the prior year.
- Gross Margin was 25.24% for Q2 2026 at Hyperscale Data, down from 34.19% in the prior quarter.
- Over five years, Gross Margin peaked at 68.03% in Q1 2022 and troughed at 21.29% in Q2 2024.
- A 5-year average of 24.17% and a median of 24.47% in 2025 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 15963 bps in 2022, down 6112 bps in 2022.
- Over 5 years, Gross Margin stood at 22.02% in 2022, then sank by 89 bps to 2.46% in 2023, then surged by 166 bps to 6.54% in 2024, then soared by 122 bps to 14.49% in 2025, then surged by 74 bps to 25.24% in 2026.
- The last three Gross Margin figures came in at 25.24% (Q2 2026), 34.19% (Q1 2026), and 14.49% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.94 Bn | 53.60 Bn | 40.81 Mn | 87.70% |
| 2 | Iren | 13.79 Bn | 6.23 Bn | 103.89 Mn | 75.71% |
| 3 | Hut 8 | 10.74 Bn | 3.95 Bn | 48.04 Mn | 64.11% |
| 4 | Hyperscale Data | 9.08 Bn | 9.01 Bn | 8.80 Mn | 25.24% |
| 5 | Riot Platforms | 7.29 Bn | 6.74 Bn | 84.97 Mn | 48.77% |
| 6 | Argo Blockchain | 6.33 Bn | 6.33 Bn | - | - |
| 7 | MARA Holdings | 4.36 Bn | 3.92 Bn | - | - |
| 8 | Cleanspark | 3.44 Bn | 3.23 Bn | - | - |
| 9 | Bitdeer Technologies | 2.36 Bn | 1.90 Bn | -8.53 Mn | -3.73% |
| 10 | Keel Infrastructure | 2.09 Bn | 2.09 Bn | -86.75 Mn | -285.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.24% |
| Mar 31, 2026 | 34.19% |
| Dec 31, 2025 | 14.49% |
| Sep 30, 2025 | 25.75% |
| Jun 30, 2025 | 23.70% |
| Mar 31, 2025 | 21.11% |
| Dec 31, 2024 | 6.54% |
| Sep 30, 2024 | 27.51% |
| Jun 30, 2024 | -21.29% |
| Mar 31, 2024 | 47.41% |
| Dec 31, 2023 | 2.46% |
| Sep 30, 2023 | 20.26% |
| Jun 30, 2023 | 37.73% |
| Mar 31, 2023 | 8.59% |
| Dec 31, 2022 | 22.02% |
| Sep 30, 2022 | 42.51% |
| Jun 30, 2022 | 28.77% |
| Mar 31, 2022 | 68.03% |
| Dec 31, 2021 | 7.92% |
| Sep 30, 2021 | -117.12% |