Hyperscale Data Reaffirms 2027 Guidance of Up to $350 Million in Revenue

Guidance built on three platforms

According to the company, the 2027 outlook reflects management's current expectations for three principal operating platforms: data center, AI infrastructure and robotics; lending, financial services and digital assets; and portfolio companies run through its hybrid private equity platform. The latter two sit within Ault Capital Group, Inc. (ACG), a direct wholly owned subsidiary.

Hyperscale Data says the guidance depends on anticipated customer deployments, financing activities, digital asset initiatives and the performance of its portfolio businesses. It warns that actual results may differ materially. Adjusted EBITDA is a non-GAAP measure, and the company said it cannot reconcile the projected figure to GAAP net income or loss without unreasonable effort, because items such as future interest expense, income taxes, depreciation and amortization, and impairment charges cannot currently be reasonably estimated.

Michigan AI campus nears first revenue

The company expects the first phase of AI compute capacity at its Michigan campus to be energized in December 2026, with revenue-generating activities expected to begin with that milestone. It describes the initial deployment as an important step in its transition toward a larger AI infrastructure business, with further growth anticipated as capacity is developed and customer deployments progress.

"We are seeing encouraging progress across our businesses as we prepare to begin revenue-generating AI operations at our Michigan campus," said William B. Horne, Chief Executive Officer of Hyperscale Data. He added: "We remain focused on delivering contracted capacity, securing the resources needed for development and meeting the milestones that support our outlook."

Third-quarter figures and blockchain push

Hyperscale Data previously announced preliminary consolidated revenue of approximately $40 million for the third quarter ended September 30, 2026. That is an increase of approximately 64% from $24.3 million in the third quarter of 2025. The company attributed the rise to stronger contributions from crane operations, defense, lending and trading, and other revenue, including software supporting blockchain network operations. Defense revenue included Gresham Worldwide, Inc. following its reconsolidation. Lower Bitcoin mining revenue partly offset the gains.

These third-quarter figures have not been audited or reviewed by the company's independent auditor and remain subject to completion of quarter-end closing procedures. The company said actual results may differ materially.

Executive Chairman Milton "Todd" Ault III said the company believes its current market valuation does not reflect the progress across its businesses. He pointed to opportunity in tokenization and broader blockchain and digital asset activities alongside the Michigan AI data center, and said growth there could contribute meaningfully to revenue and improve profitability.

ACG divestiture and what it means for shareholders

Hyperscale Data currently expects to divest ACG in 2027. After that, it would be an owner and operator of data centers for high-performance computing services, a holder of digital assets, and the parent of Omnipresent Robotics, LLC. The divestiture is to occur through a voluntary exchange of Series F Exchangeable Preferred Stock for Class A and Class B common stock of ACG. The company reminded stockholders that only holders who agree to surrender their Series F shares, and do not properly withdraw that surrender, will receive ACG shares.

For investors, the announcement keeps the 2027 targets unchanged and ties near-term progress to the December energization of the Michigan capacity. Because the guidance is preliminary and rests on deployments, financing and a planned restructuring, the company itself stresses that results could differ materially.