Las Vegas, October 15th / PRNewswire / —— Hyperscale Data, Inc. ( NYSE American : GPUS ) Today, the company announced that its consolidated revenue for the third quarter, ending September 30, 2026, is expected to be approximately $40 million, which represents a growth of about 64% compared to $24.3 million in the third quarter of 2025. The company is an artificial intelligence ( AI ) data center firm. The company stated that these figures have not yet been audited and have not been reviewed by its independent auditors.

Revenue growth reflects an enhanced contribution from multiple business segments within the company's portfolio. Preliminary highlights of the third quarter include:

• Crane business: Revenue amounted to approximately $12.2 million, an increase of about 26% compared to $9.7 million in the same period last year;
• Defense business: Revenue was approximately $12.4 million, compared to $1.7 million in the same period last year, reflecting Gresham Worldwide, Inc. After reintegration, it has been included in the financial statements;
• Lending and Transactions: Revenue amounted to approximately $4.7 million, compared to about $100,000 in the same period last year, which includes investment income as well as interest and dividend earnings;
• Other income: Revenue amounted to approximately $1.4 million, a growth of about 57% compared to $900,000 in the same period last year, including contributions from software that supports blockchain network operations.

The aforementioned increase was offset by lower Bitcoin mining revenues this quarter.

Hyperscale Data Chief Executive Officer William B. Horne stated: "We are encouraged by the contributions across our portfolio, including the continued growth of our crane business, as well as the stronger performance in lending and software-related activities. As we advance with the opportunities at our AI data center in Michigan, we will continue to focus on disciplined execution and uncover the value of each business unit."

Hyperscale Data Executive Chairman Milton “Todd” Ault III said: “I am very pleased to see that all of our business segments are growing. It is inspiring to see our plans gradually coming to fruition, and I look forward to continuing to support the management teams of each segment as they continue to move forward along their respective trajectories of growth.”

The company stated that this preliminary revenue estimate reflects the current judgment of management and that the financial closing procedures at the end of the quarter still need to be completed and reviewed. The actual results may differ significantly from this estimate. This announcement does not provide a comprehensive assessment of the company's financial results for the third quarter.

For more information regarding Hyperscale Data and its subsidiaries, the company recommends that shareholders, investors, and other relevant parties refer to the public documents and press releases disclosed on their investor relations pages hyperscaledata.com or www.sec.gov.

Regarding Hyperscale Data, Inc.

Through Sentinum, Inc, and Hyperscale Data, they own and operate a data center that provides hosting and server management services for the emerging AI ecosystem as well as other industries. Another wholly-owned subsidiary of the company, Ault Capital Group, also known as "ACG", is a mixed-type private equity and operations firm that acquires, finances, builds, and actively manages businesses in areas such as financial services, digital assets, industrial services, hospitality, defense technology, and more.

Hyperscale Data Currently, it is anticipated that the divestiture transaction of ACG ("Divestiture") will occur in 2027. Upon completion of the divestiture, the company will become the owner and operator of data centers that provide support for high-performance computing services, and will also hold digital assets as well as two of its third-tier wholly-owned subsidiaries, Omnipresent Robotics and LLC. Until the divestiture transaction takes place, the company will continue to provide mission-critical products that support various industries through ACG and its wholly-owned and majority-owned subsidiaries, as well as through strategic investments. These products include the AI software platform, equipment leasing services, and services in the defense/aerospace, industrial, automotive, and hospitality sectors. In addition, ACG is actively engaged in private lending and structured financing activities through its licensed lending subsidiaries Ault Lending and LLC. Hyperscale Data is headquartered at 190 Room, 11411 Las Vegas, Nevada.

On December 23, 2024, the company issued 1 million newly designated Series F exchangeable preferred shares (“Series F Preferred Stock”) to all common shareholders and holders of Series C preferred shares calculated on a converted basis. The spin-off transaction will be completed by voluntarily exchanging Series F preferred shares for Class A and Class B common shares of ACG (collectively referred to as “ACG Shares”). The company reminds shareholders that only those who agree to surrender the aforementioned shares within this exchange offer and have not properly withdrawn their Series F preferred shares are eligible to receive ACG Shares upon completion of the spin-off transaction, and thereby become shareholders of ACG.

Forward-looking Statements

This press release contains “forward-looking statements” as defined by Section 27A of the Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act of 1934 (as amended). Such forward-looking statements typically include projections and depend on or involve future events or conditions, and contain words such as “believes,” “plans,” “expects,” “projects,” “estimates,” “anticipates,” “intends,” “strategy,” “future,” “opportunity,” “possible,” “will,” “should,” “can,” “potential,” and similar phrases. Statements that are not historical facts are considered forward-looking statements. Forward-looking statements are based on current beliefs and assumptions and involve risks and uncertainties.

Forward-looking statements are only valid as of the date they are made, and the company assumes no obligation to publicly update any such statements due to new information or future events. Due to various factors, actual results may differ significantly from those contained in any forward-looking statements. Additional information that may affect the company's business and financial results, including potential risk factors, is included in the documents submitted by the company to the U.S. Securities and Exchange Commission, including but not limited to the company's 10-K, 10-Q, and 8-K reports. All documents can be found at www.sec.gov and on the company's website at hyperscaledata.com.