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Side-by-side financial comparison of Hyperscale Data, Inc. (GPUS) and NATIONAL BANKSHARES INC (NKSH). Click either name above to swap in a different company.

Hyperscale Data, Inc. is the larger business by last-quarter revenue ($26.9M vs $15.3M, roughly 1.8× NATIONAL BANKSHARES INC). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs -112.0%, a 150.5% gap on every dollar of revenue. On growth, Hyperscale Data, Inc. posted the faster year-over-year revenue change (38.4% vs 24.7%). NATIONAL BANKSHARES INC produced more free cash flow last quarter ($15.2M vs $-56.2M). Over the past eight quarters, NATIONAL BANKSHARES INC's revenue compounded faster (20.9% 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.

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

GPUS vs NKSH — Head-to-Head

Bigger by revenue
GPUS
GPUS
1.8× larger
GPUS
$26.9M
$15.3M
NKSH
Growing faster (revenue YoY)
GPUS
GPUS
+13.7% gap
GPUS
38.4%
24.7%
NKSH
Higher net margin
NKSH
NKSH
150.5% more per $
NKSH
38.5%
-112.0%
GPUS
More free cash flow
NKSH
NKSH
$71.3M more FCF
NKSH
$15.2M
$-56.2M
GPUS
Faster 2-yr revenue CAGR
NKSH
NKSH
Annualised
NKSH
20.9%
-16.3%
GPUS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPUS
GPUS
NKSH
NKSH
Revenue
$26.9M
$15.3M
Net Profit
$-30.1M
$5.9M
Gross Margin
14.5%
Operating Margin
-117.8%
47.4%
Net Margin
-112.0%
38.5%
Revenue YoY
38.4%
24.7%
Net Profit YoY
-6670.3%
91.0%
EPS (diluted)
$0.93

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
NKSH
NKSH
Q4 25
$26.9M
$15.3M
Q3 25
$24.3M
$14.2M
Q2 25
$25.9M
$13.3M
Q1 25
$25.0M
$12.8M
Q4 24
$19.4M
$12.2M
Q3 24
$31.1M
$11.7M
Q2 24
$17.8M
$10.9M
Q1 24
$38.4M
$10.4M
Net Profit
GPUS
GPUS
NKSH
NKSH
Q4 25
$-30.1M
$5.9M
Q3 25
$-13.0M
$4.4M
Q2 25
$-19.1M
$2.3M
Q1 25
$-4.2M
$3.2M
Q4 24
$-445.0K
$3.1M
Q3 24
$-25.5M
$2.7M
Q2 24
$-33.9M
$-307.0K
Q1 24
$3.7M
$2.2M
Gross Margin
GPUS
GPUS
NKSH
NKSH
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
NKSH
NKSH
Q4 25
-117.8%
47.4%
Q3 25
-57.8%
37.9%
Q2 25
-39.2%
20.0%
Q1 25
-25.5%
30.5%
Q4 24
-46.8%
30.1%
Q3 24
-79.2%
27.5%
Q2 24
-151.4%
-4.4%
Q1 24
9.5%
25.8%
Net Margin
GPUS
GPUS
NKSH
NKSH
Q4 25
-112.0%
38.5%
Q3 25
-53.5%
31.1%
Q2 25
-73.7%
17.2%
Q1 25
-16.8%
25.3%
Q4 24
-2.3%
25.1%
Q3 24
-82.3%
22.8%
Q2 24
-190.7%
-2.8%
Q1 24
9.7%
20.8%
EPS (diluted)
GPUS
GPUS
NKSH
NKSH
Q4 25
$0.93
Q3 25
$-0.39
$0.69
Q2 25
$-2.66
$0.36
Q1 25
$0.51
Q4 24
$-8.78
$0.50
Q3 24
$-24.82
$0.42
Q2 24
$-37.81
$-0.05
Q1 24
$3.32
$0.37

Balance Sheet & Financial Strength

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

Metric
GPUS
GPUS
NKSH
NKSH
Cash + ST InvestmentsLiquidity on hand
$13.1M
$59.3M
Total DebtLower is stronger
$83.1M
Stockholders' EquityBook value
$119.8M
$184.9M
Total Assets
$313.7M
$1.8B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPUS
GPUS
NKSH
NKSH
Q4 25
$13.1M
$59.3M
Q3 25
$24.8M
$42.3M
Q2 25
$5.9M
$92.8M
Q1 25
$4.2M
$122.5M
Q4 24
$4.5M
$108.1M
Q3 24
$7.9M
$49.8M
Q2 24
$9.6M
$98.9M
Q1 24
$18.9M
$121.2M
Total Debt
GPUS
GPUS
NKSH
NKSH
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
NKSH
NKSH
Q4 25
$119.8M
$184.9M
Q3 25
$55.9M
$179.2M
Q2 25
$5.5M
$168.7M
Q1 25
$6.3M
$167.3M
Q4 24
$8.6M
$156.4M
Q3 24
$2.7M
$167.8M
Q2 24
$26.7M
$149.0M
Q1 24
$59.0M
$139.4M
Total Assets
GPUS
GPUS
NKSH
NKSH
Q4 25
$313.7M
$1.8B
Q3 25
$242.4M
$1.8B
Q2 25
$213.5M
$1.8B
Q1 25
$218.5M
$1.8B
Q4 24
$220.8M
$1.8B
Q3 24
$231.5M
$1.8B
Q2 24
$270.8M
$1.8B
Q1 24
$299.8M
$1.7B
Debt / Equity
GPUS
GPUS
NKSH
NKSH
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
NKSH
NKSH
Operating Cash FlowLast quarter
$-37.7M
$17.9M
Free Cash FlowOCF − Capex
$-56.2M
$15.2M
FCF MarginFCF / Revenue
-208.7%
99.2%
Capex IntensityCapex / Revenue
68.6%
17.9%
Cash ConversionOCF / Net Profit
3.04×
TTM Free Cash FlowTrailing 4 quarters
$-87.1M
$23.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPUS
GPUS
NKSH
NKSH
Q4 25
$-37.7M
$17.9M
Q3 25
$-17.8M
$6.1M
Q2 25
$-3.1M
$2.1M
Q1 25
$-4.0M
$2.6M
Q4 24
$-9.2M
$9.4M
Q3 24
$3.7M
$3.1M
Q2 24
$-3.7M
$-3.0M
Q1 24
$-10.2M
$3.8M
Free Cash Flow
GPUS
GPUS
NKSH
NKSH
Q4 25
$-56.2M
$15.2M
Q3 25
$-20.6M
$5.3M
Q2 25
$-3.5M
$1.5M
Q1 25
$-6.8M
$1.6M
Q4 24
$-9.3M
$6.2M
Q3 24
$2.6M
$2.2M
Q2 24
$-5.9M
$-4.0M
Q1 24
$-11.6M
$3.5M
FCF Margin
GPUS
GPUS
NKSH
NKSH
Q4 25
-208.7%
99.2%
Q3 25
-84.5%
37.4%
Q2 25
-13.5%
11.5%
Q1 25
-27.3%
12.5%
Q4 24
-47.6%
50.5%
Q3 24
8.4%
18.5%
Q2 24
-33.4%
-36.3%
Q1 24
-30.3%
33.8%
Capex Intensity
GPUS
GPUS
NKSH
NKSH
Q4 25
68.6%
17.9%
Q3 25
11.5%
5.6%
Q2 25
1.5%
4.1%
Q1 25
11.5%
7.5%
Q4 24
0.3%
26.6%
Q3 24
3.6%
8.3%
Q2 24
12.6%
9.3%
Q1 24
3.7%
3.0%
Cash Conversion
GPUS
GPUS
NKSH
NKSH
Q4 25
3.04×
Q3 25
1.38×
Q2 25
0.90×
Q1 25
0.79×
Q4 24
3.07×
Q3 24
1.17×
Q2 24
Q1 24
-2.75×
1.77×

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%

NKSH
NKSH

Segment breakdown not available.

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