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Side-by-side financial comparison of Hyperscale Data, Inc. (GPUS) and MIDDLEFIELD BANC CORP (MBCN). Click either name above to swap in a different company.

Hyperscale Data, Inc. is the larger business by last-quarter revenue ($26.9M vs $19.9M, roughly 1.4× MIDDLEFIELD BANC CORP). MIDDLEFIELD BANC CORP runs the higher net margin — 26.7% vs -112.0%, a 138.7% gap on every dollar of revenue. On growth, Hyperscale Data, Inc. posted the faster year-over-year revenue change (38.4% vs 18.3%). MIDDLEFIELD BANC CORP produced more free cash flow last quarter ($3.4M vs $-56.2M). Over the past eight quarters, MIDDLEFIELD BANC CORP's revenue compounded faster (13.7% CAGR vs -16.3%).

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.

Star Banc Corporation was a Cincinnati, Ohio-based regional bank holding company that acquired Firstar in 1998 and took the Firstar name; the merged bank acquired U.S. Bancorp in 2001 and took the U.S. Bancorp name. The company can trace its origins back to 1863 when it was first founded as the First National Bank of Cincinnati.

GPUS vs MBCN — Head-to-Head

Bigger by revenue
GPUS
GPUS
1.4× larger
GPUS
$26.9M
$19.9M
MBCN
Growing faster (revenue YoY)
GPUS
GPUS
+20.1% gap
GPUS
38.4%
18.3%
MBCN
Higher net margin
MBCN
MBCN
138.7% more per $
MBCN
26.7%
-112.0%
GPUS
More free cash flow
MBCN
MBCN
$59.6M more FCF
MBCN
$3.4M
$-56.2M
GPUS
Faster 2-yr revenue CAGR
MBCN
MBCN
Annualised
MBCN
13.7%
-16.3%
GPUS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GPUS
GPUS
MBCN
MBCN
Revenue
$26.9M
$19.9M
Net Profit
$-30.1M
$5.3M
Gross Margin
14.5%
Operating Margin
-117.8%
32.2%
Net Margin
-112.0%
26.7%
Revenue YoY
38.4%
18.3%
Net Profit YoY
-6670.3%
127.4%
EPS (diluted)
$0.65

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.

Revenue
GPUS
GPUS
MBCN
MBCN
Q4 25
$26.9M
Q3 25
$24.3M
$19.9M
Q2 25
$25.9M
$20.5M
Q1 25
$25.0M
$18.0M
Q4 24
$19.4M
$17.5M
Q3 24
$31.1M
$16.8M
Q2 24
$17.8M
$16.8M
Q1 24
$38.4M
$16.8M
Net Profit
GPUS
GPUS
MBCN
MBCN
Q4 25
$-30.1M
Q3 25
$-13.0M
$5.3M
Q2 25
$-19.1M
$6.2M
Q1 25
$-4.2M
$4.8M
Q4 24
$-445.0K
$4.8M
Q3 24
$-25.5M
$2.3M
Q2 24
$-33.9M
$4.2M
Q1 24
$3.7M
$4.2M
Gross Margin
GPUS
GPUS
MBCN
MBCN
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%
Operating Margin
GPUS
GPUS
MBCN
MBCN
Q4 25
-117.8%
Q3 25
-57.8%
32.2%
Q2 25
-39.2%
35.9%
Q1 25
-25.5%
31.9%
Q4 24
-46.8%
33.4%
Q3 24
-79.2%
16.1%
Q2 24
-151.4%
28.8%
Q1 24
9.5%
29.4%
Net Margin
GPUS
GPUS
MBCN
MBCN
Q4 25
-112.0%
Q3 25
-53.5%
26.7%
Q2 25
-73.7%
30.0%
Q1 25
-16.8%
26.8%
Q4 24
-2.3%
27.8%
Q3 24
-82.3%
13.9%
Q2 24
-190.7%
24.7%
Q1 24
9.7%
24.9%
EPS (diluted)
GPUS
GPUS
MBCN
MBCN
Q4 25
Q3 25
$-0.39
$0.65
Q2 25
$-2.66
$0.76
Q1 25
$0.60
Q4 24
$-8.78
$0.60
Q3 24
$-24.82
$0.29
Q2 24
$-37.81
$0.52
Q1 24
$3.32
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GPUS
GPUS
MBCN
MBCN
Cash + ST InvestmentsLiquidity on hand
$13.1M
Total DebtLower is stronger
$83.1M
Stockholders' EquityBook value
$119.8M
$224.1M
Total Assets
$313.7M
$2.0B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPUS
GPUS
MBCN
MBCN
Q4 25
$13.1M
Q3 25
$24.8M
Q2 25
$5.9M
Q1 25
$4.2M
Q4 24
$4.5M
Q3 24
$7.9M
Q2 24
$9.6M
Q1 24
$18.9M
Total Debt
GPUS
GPUS
MBCN
MBCN
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
Stockholders' Equity
GPUS
GPUS
MBCN
MBCN
Q4 25
$119.8M
Q3 25
$55.9M
$224.1M
Q2 25
$5.5M
$216.1M
Q1 25
$6.3M
$213.8M
Q4 24
$8.6M
$210.6M
Q3 24
$2.7M
$210.7M
Q2 24
$26.7M
$206.8M
Q1 24
$59.0M
$205.6M
Total Assets
GPUS
GPUS
MBCN
MBCN
Q4 25
$313.7M
Q3 25
$242.4M
$2.0B
Q2 25
$213.5M
$1.9B
Q1 25
$218.5M
$1.9B
Q4 24
$220.8M
$1.9B
Q3 24
$231.5M
$1.9B
Q2 24
$270.8M
$1.8B
Q1 24
$299.8M
$1.8B
Debt / Equity
GPUS
GPUS
MBCN
MBCN
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
GPUS
GPUS
MBCN
MBCN
Operating Cash FlowLast quarter
$-37.7M
$4.8M
Free Cash FlowOCF − Capex
$-56.2M
$3.4M
FCF MarginFCF / Revenue
-208.7%
17.0%
Capex IntensityCapex / Revenue
68.6%
7.2%
Cash ConversionOCF / Net Profit
0.91×
TTM Free Cash FlowTrailing 4 quarters
$-87.1M
$32.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPUS
GPUS
MBCN
MBCN
Q4 25
$-37.7M
Q3 25
$-17.8M
$4.8M
Q2 25
$-3.1M
$4.8M
Q1 25
$-4.0M
$8.0M
Q4 24
$-9.2M
$17.5M
Q3 24
$3.7M
$6.0M
Q2 24
$-3.7M
$3.4M
Q1 24
$-10.2M
$5.4M
Free Cash Flow
GPUS
GPUS
MBCN
MBCN
Q4 25
$-56.2M
Q3 25
$-20.6M
$3.4M
Q2 25
$-3.5M
$4.2M
Q1 25
$-6.8M
$7.7M
Q4 24
$-9.3M
$16.7M
Q3 24
$2.6M
$5.8M
Q2 24
$-5.9M
$3.3M
Q1 24
$-11.6M
$5.3M
FCF Margin
GPUS
GPUS
MBCN
MBCN
Q4 25
-208.7%
Q3 25
-84.5%
17.0%
Q2 25
-13.5%
20.5%
Q1 25
-27.3%
42.9%
Q4 24
-47.6%
95.6%
Q3 24
8.4%
34.7%
Q2 24
-33.4%
19.3%
Q1 24
-30.3%
31.9%
Capex Intensity
GPUS
GPUS
MBCN
MBCN
Q4 25
68.6%
Q3 25
11.5%
7.2%
Q2 25
1.5%
3.0%
Q1 25
11.5%
1.5%
Q4 24
0.3%
4.4%
Q3 24
3.6%
1.0%
Q2 24
12.6%
0.6%
Q1 24
3.7%
0.5%
Cash Conversion
GPUS
GPUS
MBCN
MBCN
Q4 25
Q3 25
0.91×
Q2 25
0.78×
Q1 25
1.66×
Q4 24
3.60×
Q3 24
2.57×
Q2 24
0.81×
Q1 24
-2.75×
1.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GPUS
GPUS

Transferred Over Time$10.4M39%
Revenue From Mined Crypto Assets At Sentinum Owned And Operated Facilities$5.8M21%
Hotel And Real Estate Operations$4.8M18%
Other$4.0M15%
Turn On Green$2.0M7%

MBCN
MBCN

Segment breakdown not available.

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