Hyperscale Data, Inc. (GPUS) Balance Sheet
GPUS balance sheet, 2025
December 31, 2025 · U.S. dollars$313.7M assets = $187.8M liabilities + $125.9M equity
Both columns are drawn to the same scale: what GPUS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GPUS financial health
Descriptive bands, not a rating. Fiscal 2025.
GPUS balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.5M2016 | $313.7M2025 | +56.8%/yr | |
| Total liabilities | $1.9M2016 | $187.8M2025 | +66.5%/yr | |
| Shareholders’ equity | $3.6M2016 | $119.8M2025 | +47.8%/yr | |
| Cash & short-term investments | $996,0002016 | $13.1M2025 | +33.1%/yr | |
| Total debt | $284,0002016 | $106.4M2025 | +93.2%/yr | |
| Net cash (debt) | $712,0002016 | −$93.3M2025 | −$94.0M | |
| Working capital | $2.0M2016 | −$40.7M2025 | −$42.6M | |
| Current ratio | 2.042016 | 0.762025 | −1.28 | |
| Debt / equity | 0.082016 | 0.892025 | +0.81 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GPUS assets
GPUS liabilities and equity
GPUS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GPUS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $13.1M | $25.3M | $10.1M | $17.0M | $59.1M | $21.2M | $1.1M | $1.1M | $3.3M | $996,000 |
| Cash & equivalents | $13.1M | $4.5M | $6.1M | $7.9M | $15.9M | $18.7M | $483,383 | $902,329 | $1.5M | $996,000 |
| Short-term investments | $0 | $20.8M | $4.0M | $9.1M | $43.2M | $2.6M | $639,647 | $178,597 | $1.8M | — |
| Receivables | $14.7M | $7.5M | $8.0M | $27.3M | $8.7M | $6.7M | $5.9M | $7.2M | $2.1M | $1.4M |
| Inventory | $4.8M | $1.8M | $1.8M | $22.0M | $5.5M | $3.4M | $2.5M | $3.3M | $2.0M | $1.1M |
| Other current assets | $97.1M | $23.7M | $42.6M | $130.0M | $36.3M | $3.0M | $1.6M | $775,981 | $1.4M | $285,000 |
| Total current assets | $129.7M | $58.4M | $62.4M | $196.3M | $109.6M | $34.4M | $11.1M | $12.3M | $8.8M | $3.8M |
| Property, plant & equipment (net) | $148.6M | $148.1M | $115.1M | $155.2M | $179.3M | $6.4M | $6.0M | $9.3M | $1.2M | $570,000 |
| Goodwill & intangible assets | $24.0M | $2.1M | $11.8M | $62.7M | $14.1M | $14.0M | $11.3M | $12.8M | $6.5M | $0 |
| Long-term investments | $4.1M | $5.0M | $22.4M | $48.9M | $65.8M | $19.7M | $0 | $0 | $0 | $0 |
| Other non-current assets | $7.2M | $7.2M | $87.3M | $98.4M | $121.4M | $1.1M | $14.4M | $15.0M | $14.0M | $1.1M |
| Total assets | $313.7M | $220.8M | $299.2M | $561.5M | $490.3M | $75.6M | $42.8M | $49.4M | $30.5M | $5.5M |
| Liabilities | ||||||||||
| Accounts payable | $19.1M | $25.2M | $32.6M | $20.0M | $6.9M | $7.0M | $14.3M | $13.1M | $4.3M | $1.2M |
| Short-term debt | $92.3M | $117.1M | $29.1M | $44.3M | $40.7M | $4.8M | $9.1M | $13.6M | $1.3M | $250,000 |
| Deferred revenue | — | — | −$832,000 | — | — | — | $2.2M | $2.1M | $2.4M | — |
| Total current liabilities | $170.4M | $215.5M | $204.8M | $225.3M | $81.9M | $21.9M | $30.2M | $30.7M | $11.0M | $1.9M |
| Long-term debt | $8.9M | $904,000 | $27.6M | $41.3M | $55.5M | $774,000 | $0 | $0 | $0 | $0 |
| Lease obligations | $7.0M | $3.9M | $6.5M | $8.8M | $5.3M | $4.4M | — | — | — | — |
| Other long-term liabilities | $8.6M | $2.3M | $7.9M | $70.9M | $7.7M | $3.9M | $5.6M | $625,718 | $701,240 | $34,000 |
| Total liabilities | $187.8M | $218.7M | $240.3M | $337.5M | $145.1M | $26.5M | $35.8M | $31.4M | $11.7M | $1.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $347,000 | $6,000 | $4,000 | — | $84,000 | $28,000 | $3,318 | $101 | $1,511 | $8,000 |
| Retained earnings (deficit) | −$734.6M | −$629.0M | −$567.5M | −$329.1M | −$145.6M | −$122.3M | −$88.7M | −$55.7M | −$23.4M | −$12.2M |
| Accumulated other comprehensive income | $812,000 | −$668,000 | −$2.1M | −$1.1M | −$106,000 | −$785,000 | −$5.5M | −$3.9M | $4.5M | −$820,000 |
| Minority interest | $6.1M | −$6.5M | $14.2M | $17.5M | — | — | — | — | — | — |
| Total shareholders' equity | $119.8M | $8.6M | $44.7M | $206.5M | $226.8M | $48.3M | $6.9M | $18.0M | $18.0M | $3.6M |
| Key figures | ||||||||||
| Total debt | $106.4M | $120.3M | $61.1M | $91.4M | $100.4M | $9.5M | $13.7M | $14.2M | $2.0M | $284,000 |
| Net cash (debt) | −$93.3M | −$95.0M | −$51.1M | −$74.4M | −$41.3M | $11.8M | −$12.6M | −$13.1M | $1.3M | $712,000 |
| Working capital | −$40.7M | −$157.1M | −$142.4M | −$29.0M | $27.7M | $12.5M | −$19.2M | −$18.4M | −$2.2M | $2.0M |
| Tangible book value | $95.8M | $6.5M | $32.9M | $143.8M | $212.7M | $34.3M | −$4.4M | $5.2M | $11.5M | $3.6M |
| Current ratio | 0.76 | 0.27 | 0.30 | 0.87 | 1.34 | 1.57 | 0.37 | 0.40 | 0.80 | 2.04 |
| Quick ratio | 0.16 | 0.15 | 0.09 | 0.20 | 0.83 | 1.28 | 0.23 | 0.27 | 0.49 | 1.30 |
| Debt / equity | 0.89 | 13.93 | 1.37 | 0.44 | 0.44 | 0.20 | 1.98 | 0.79 | 0.11 | 0.08 |
| Equity / assets | 38.2% | 3.9% | 14.9% | 36.8% | 46.3% | 63.9% | 16.2% | 36.5% | 59.0% | 65.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $65.1M | $10.5M | $13.1M | $75.3M | $26.6M | $24.1M | $25.3M | $22.7M | $9.6M | $18.9M | $10.1M | $11.8M |
| Cash & equivalents | $65.1M | $10.5M | $13.1M | $47.7M | $5.9M | $4.2M | $4.5M | $7.2M | $9.6M | $9.4M | $6.1M | $8.7M |
| Short-term investments | — | — | $0 | $27.6M | $20.7M | $19.8M | $20.8M | $15.5M | $33,000 | $9.4M | $4.0M | $3.1M |
| Receivables | $22.9M | $19.3M | $14.7M | $9.5M | $10.0M | $10.5M | $7.5M | $9.3M | $14.6M | $12.9M | $8.0M | $26.3M |
| Inventory | $6.1M | $5.2M | $4.8M | $1.7M | $1.5M | $1.5M | $1.8M | $1.8M | $7.5M | $7.6M | $1.8M | $22.5M |
| Other current assets | $20.0M | $68.3M | $97.1M | $4.0M | $23.9M | $22.8M | $23.7M | $11.2M | $15.6M | $105.4M | $42.6M | $108.7M |
| Total current assets | $114.0M | $103.3M | $129.7M | $90.5M | $62.0M | $58.9M | $58.4M | $45.0M | $47.2M | $144.8M | $62.4M | $169.3M |
| Property, plant & equipment (net) | $155.9M | $154.7M | $148.6M | $135.8M | $140.3M | $145.5M | $148.1M | $164.4M | $187.6M | $111.2M | $115.1M | $142.5M |
| Goodwill & intangible assets | $24.0M | $23.5M | $24.0M | $1.6M | $1.7M | $2.0M | $2.1M | $4.0M | $11.2M | $11.5M | $11.8M | $26.0M |
| Long-term investments | $16.6M | $14.3M | $4.1M | $1.2M | $2.4M | $5.0M | $5.0M | $7.5M | $16.2M | $22.8M | $22.4M | $28.7M |
| Other non-current assets | $54.4M | $23.7M | $7.2M | $13.4M | $7.1M | $7.2M | $7.2M | $10.6M | $8.6M | $9.5M | $87.3M | $12.0M |
| Total assets | $365.0M | $319.6M | $313.7M | $242.4M | $213.5M | $218.5M | $220.8M | $231.5M | $270.8M | $299.8M | $299.2M | $378.5M |
| Liabilities | ||||||||||||
| Accounts payable | $28.6M | $32.5M | $19.1M | $22.9M | $24.4M | $24.2M | $25.2M | $20.4M | $27.0M | $25.5M | $32.6M | $36.9M |
| Short-term debt | $101.3M | $96.5M | $92.3M | $93.8M | $109.9M | $116.5M | $117.1M | $99.1M | $101.9M | $26.2M | $29.1M | $57.0M |
| Deferred revenue | $5.4M | — | — | — | — | — | — | — | — | $1.8M | — | — |
| Total current liabilities | $201.7M | $196.0M | $170.4M | $179.8M | $201.4M | $207.9M | $215.5M | $196.4M | $209.6M | $198.2M | $204.8M | $214.4M |
| Long-term debt | $33.7M | $10.8M | $8.9M | $1.7M | $829,000 | $829,000 | $904,000 | $26.2M | $25.9M | $26.8M | $27.6M | $30.7M |
| Lease obligations | $7.9M | $8.1M | $7.0M | $4.3M | $4.7M | $4.5M | $3.9M | $3.8M | $7.1M | $7.9M | $6.5M | $10.6M |
| Other long-term liabilities | $8.1M | $9.8M | $8.6M | $3.1M | $3.4M | $3.0M | $2.3M | $5.8M | $8.2M | $9.0M | $7.9M | $12.1M |
| Total liabilities | $243.5M | $216.7M | $187.8M | $184.7M | $205.6M | $211.8M | $218.7M | $228.4M | $243.7M | $234.0M | $240.3M | $257.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $605,000 | $394,000 | $347,000 | $136,000 | $14,000 | $6,000 | $6,000 | $39,000 | $36,000 | $30,000 | $4,000 | $12,000 |
| Retained earnings (deficit) | −$790.5M | −$767.0M | −$734.6M | −$702.2M | −$687.0M | −$665.7M | −$629.0M | −$627.1M | −$600.3M | −$565.0M | −$567.5M | −$467.1M |
| Accumulated other comprehensive income | $1.4M | $5,999 | $812,000 | −$130,999 | −$130,999 | −$88,000 | −$668,000 | −$1.2M | −$2.5M | −$2.1M | −$2.1M | −$2.1M |
| Minority interest | $6.3M | $5.9M | $6.1M | $1.8M | $2.4M | — | — | — | — | — | — | — |
| Total shareholders' equity | $115.2M | $97.0M | $119.8M | $55.9M | $5.5M | $6.3M | $8.6M | $2.7M | $26.7M | $59.0M | $44.7M | $89.6M |
| Key figures | ||||||||||||
| Total debt | $141.0M | $113.5M | $106.4M | $98.6M | $114.1M | $120.3M | $120.3M | $127.6M | $132.6M | $58.5M | $61.1M | $96.3M |
| Net cash (debt) | −$75.9M | −$102.9M | −$93.3M | −$23.3M | −$87.5M | −$96.3M | −$95.0M | −$105.0M | −$123.0M | −$39.6M | −$51.1M | −$84.5M |
| Working capital | −$87.6M | −$92.7M | −$40.7M | −$89.4M | −$139.4M | −$149.1M | −$157.1M | −$151.5M | −$162.4M | −$53.5M | −$142.4M | −$45.1M |
| Tangible book value | $91.2M | $73.5M | $95.8M | $54.3M | $3.9M | $4.3M | $6.5M | −$1.2M | $15.5M | $47.5M | $32.9M | $63.6M |
| Book value per share | $1.21 | $1.27 | $0.37 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 95.0M | 76.1M | 323.4M | — | — | — | — | — | — | — | — | — |
| Current ratio | 0.57 | 0.53 | 0.76 | 0.50 | 0.31 | 0.28 | 0.27 | 0.23 | 0.23 | 0.73 | 0.30 | 0.79 |
| Quick ratio | 0.44 | 0.15 | 0.16 | 0.47 | 0.18 | 0.17 | 0.15 | 0.16 | 0.12 | 0.16 | 0.09 | 0.18 |
| Debt / equity | 1.22 | 1.17 | 0.89 | 1.76 | 20.70 | 19.07 | 13.93 | 46.78 | 4.96 | 0.99 | 1.37 | 1.08 |
| Equity / assets | 31.6% | 30.4% | 38.2% | 23.1% | 2.6% | 2.9% | 3.9% | 1.2% | 9.9% | 19.7% | 14.9% | 23.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 15, 2026); data from EODHD.
GPUS financial position
At the end of fiscal 2025 (December 31, 2025), Hyperscale Data had total assets of $313.7 million (up 42.1% from a year earlier), total liabilities of $187.8 million and shareholders' equity of $119.8 million. It held $13.1 million in cash and short-term investments against $106.4 million of debt, net debt of $93.3 million. Its current ratio was 0.76. In the latest quarter (ended June 30, 2026) total assets were $365.0 million and equity $115.2 million.
Related: GPUS income statement, GPUS cash flow statement, GPUS key metrics. See the GPUS stock overview for the latest quote and news.
GPUS balance sheet FAQ
What are Hyperscale Data's total assets?
Hyperscale Data reported total assets of $313.7 million at the end of fiscal 2025 (December 31, 2025), compared with $220.8 million a year earlier.
How much debt does Hyperscale Data have?
Hyperscale Data had $106.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.89.
How much cash does Hyperscale Data have?
Hyperscale Data held $13.1 million in cash and short-term investments at the end of fiscal 2025; with $106.4 million of debt that is net debt of $93.3 million.
What is Hyperscale Data's book value?
Hyperscale Data's shareholders' equity (book value) was $119.8 million at the end of fiscal 2025.
What is Hyperscale Data's current ratio?
Hyperscale Data had current assets of $129.7 million and current liabilities of $170.4 million, a current ratio of 0.76 (current liabilities exceed current assets).
How much goodwill does Hyperscale Data have?
Hyperscale Data carried $24.0 million of goodwill and intangible assets, 7.7% of total assets, at the end of fiscal 2025.