vs
Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Hyperscale Data, Inc. (GPUS). Click either name above to swap in a different company.
DYNEX CAPITAL INC is the larger business by last-quarter revenue ($43.5M vs $26.9M, roughly 1.6× Hyperscale Data, Inc.). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 38.4%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs -16.3%).
Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.
Hyperscale Data, Inc. provides GPU-accelerated computing infrastructure and cloud solutions tailored for AI development, big data processing, and high-performance computing workloads. It primarily serves AI startups, large technology firms, and cloud service providers across North America and the Asia-Pacific region, delivering scalable, high-efficiency computing resources to support complex data processing needs.
DX vs GPUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $26.9M |
| Net Profit | — | $-30.1M |
| Gross Margin | — | 14.5% |
| Operating Margin | — | -117.8% |
| Net Margin | — | -112.0% |
| Revenue YoY | 531.3% | 38.4% |
| Net Profit YoY | — | -6670.3% |
| EPS (diluted) | $1.59 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.5M | $26.9M | ||
| Q3 25 | $30.6M | $24.3M | ||
| Q2 25 | $23.1M | $25.9M | ||
| Q1 25 | $17.1M | $25.0M | ||
| Q4 24 | — | $19.4M | ||
| Q3 24 | — | $31.1M | ||
| Q2 24 | — | $17.8M | ||
| Q1 24 | $-3.2M | $38.4M |
| Q4 25 | — | $-30.1M | ||
| Q3 25 | $150.4M | $-13.0M | ||
| Q2 25 | $-13.6M | $-19.1M | ||
| Q1 25 | $-3.1M | $-4.2M | ||
| Q4 24 | — | $-445.0K | ||
| Q3 24 | — | $-25.5M | ||
| Q2 24 | — | $-33.9M | ||
| Q1 24 | $40.1M | $3.7M |
| Q4 25 | — | 14.5% | ||
| Q3 25 | — | 25.8% | ||
| Q2 25 | — | 23.7% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 27.5% | ||
| Q2 24 | — | -21.3% | ||
| Q1 24 | — | 47.4% |
| Q4 25 | — | -117.8% | ||
| Q3 25 | — | -57.8% | ||
| Q2 25 | — | -39.2% | ||
| Q1 25 | — | -25.5% | ||
| Q4 24 | — | -46.8% | ||
| Q3 24 | — | -79.2% | ||
| Q2 24 | — | -151.4% | ||
| Q1 24 | — | 9.5% |
| Q4 25 | — | -112.0% | ||
| Q3 25 | 491.3% | -53.5% | ||
| Q2 25 | -58.8% | -73.7% | ||
| Q1 25 | -18.0% | -16.8% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | — | -82.3% | ||
| Q2 24 | — | -190.7% | ||
| Q1 24 | -1256.8% | 9.7% |
| Q4 25 | $1.59 | — | ||
| Q3 25 | $1.08 | $-0.39 | ||
| Q2 25 | $-0.14 | $-2.66 | ||
| Q1 25 | $-0.06 | — | ||
| Q4 24 | — | $-8.78 | ||
| Q3 24 | — | $-24.82 | ||
| Q2 24 | — | $-37.81 | ||
| Q1 24 | $0.64 | $3.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $531.0M | $13.1M |
| Total DebtLower is stronger | — | $83.1M |
| Stockholders' EquityBook value | $2.5B | $119.8M |
| Total Assets | $17.3B | $313.7M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.0M | $13.1M | ||
| Q3 25 | $491.0M | $24.8M | ||
| Q2 25 | $387.5M | $5.9M | ||
| Q1 25 | $327.4M | $4.2M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $7.9M | ||
| Q2 24 | — | $9.6M | ||
| Q1 24 | $295.7M | $18.9M |
| Q4 25 | — | $83.1M | ||
| Q3 25 | — | $80.0M | ||
| Q2 25 | — | $88.5M | ||
| Q1 25 | — | $92.8M | ||
| Q4 24 | — | $96.7M | ||
| Q3 24 | — | $104.8M | ||
| Q2 24 | — | $106.8M | ||
| Q1 24 | — | $30.0M |
| Q4 25 | $2.5B | $119.8M | ||
| Q3 25 | $2.0B | $55.9M | ||
| Q2 25 | $1.6B | $5.5M | ||
| Q1 25 | $1.4B | $6.3M | ||
| Q4 24 | — | $8.6M | ||
| Q3 24 | — | $2.7M | ||
| Q2 24 | — | $26.7M | ||
| Q1 24 | $958.5M | $59.0M |
| Q4 25 | $17.3B | $313.7M | ||
| Q3 25 | $14.2B | $242.4M | ||
| Q2 25 | $11.3B | $213.5M | ||
| Q1 25 | $9.0B | $218.5M | ||
| Q4 24 | — | $220.8M | ||
| Q3 24 | — | $231.5M | ||
| Q2 24 | — | $270.8M | ||
| Q1 24 | $6.3B | $299.8M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 16.06× | ||
| Q1 25 | — | 14.71× | ||
| Q4 24 | — | 11.19× | ||
| Q3 24 | — | 38.41× | ||
| Q2 24 | — | 4.00× | ||
| Q1 24 | — | 0.51× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $120.8M | $-37.7M |
| Free Cash FlowOCF − Capex | — | $-56.2M |
| FCF MarginFCF / Revenue | — | -208.7% |
| Capex IntensityCapex / Revenue | — | 68.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-87.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.8M | $-37.7M | ||
| Q3 25 | $68.3M | $-17.8M | ||
| Q2 25 | $31.9M | $-3.1M | ||
| Q1 25 | $6.4M | $-4.0M | ||
| Q4 24 | — | $-9.2M | ||
| Q3 24 | — | $3.7M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | $-17.1M | $-10.2M |
| Q4 25 | — | $-56.2M | ||
| Q3 25 | — | $-20.6M | ||
| Q2 25 | — | $-3.5M | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $-5.9M | ||
| Q1 24 | — | $-11.6M |
| Q4 25 | — | -208.7% | ||
| Q3 25 | — | -84.5% | ||
| Q2 25 | — | -13.5% | ||
| Q1 25 | — | -27.3% | ||
| Q4 24 | — | -47.6% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | -33.4% | ||
| Q1 24 | — | -30.3% |
| Q4 25 | — | 68.6% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 11.5% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 12.6% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | — | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.43× | -2.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DX
Segment breakdown not available.
GPUS
| Transferred Over Time | $10.4M | 39% |
| Revenue From Mined Crypto Assets At Sentinum Owned And Operated Facilities | $5.8M | 21% |
| Hotel And Real Estate Operations | $4.8M | 18% |
| Other | $4.0M | 15% |
| Turn On Green | $2.0M | 7% |
