vs

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

Hyperscale Data, Inc. is the larger business by last-quarter revenue ($26.9M vs $25.9M, roughly 1.0× REDWOOD TRUST INC). REDWOOD TRUST INC runs the higher net margin — 77.2% vs -112.0%, a 189.2% gap on every dollar of revenue. On growth, Hyperscale Data, Inc. posted the faster year-over-year revenue change (38.4% vs -6.1%). Over the past eight quarters, Hyperscale Data, Inc.'s revenue compounded faster (-16.3% CAGR vs -41.0%).

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.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

GPUS vs RWT — Head-to-Head

Bigger by revenue
GPUS
GPUS
1.0× larger
GPUS
$26.9M
$25.9M
RWT
Growing faster (revenue YoY)
GPUS
GPUS
+44.5% gap
GPUS
38.4%
-6.1%
RWT
Higher net margin
RWT
RWT
189.2% more per $
RWT
77.2%
-112.0%
GPUS
Faster 2-yr revenue CAGR
GPUS
GPUS
Annualised
GPUS
-16.3%
-41.0%
RWT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPUS
GPUS
RWT
RWT
Revenue
$26.9M
$25.9M
Net Profit
$-30.1M
$20.0M
Gross Margin
14.5%
Operating Margin
-117.8%
Net Margin
-112.0%
77.2%
Revenue YoY
38.4%
-6.1%
Net Profit YoY
-6670.3%
402.6%
EPS (diluted)
$0.11

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
RWT
RWT
Q4 25
$26.9M
$25.9M
Q3 25
$24.3M
$15.0M
Q2 25
$25.9M
$13.8M
Q1 25
$25.0M
$27.9M
Q4 24
$19.4M
$27.6M
Q3 24
$31.1M
$25.5M
Q2 24
$17.8M
$67.4M
Q1 24
$38.4M
$74.5M
Net Profit
GPUS
GPUS
RWT
RWT
Q4 25
$-30.1M
$20.0M
Q3 25
$-13.0M
$-7.7M
Q2 25
$-19.1M
$-98.5M
Q1 25
$-4.2M
$16.1M
Q4 24
$-445.0K
$-6.6M
Q3 24
$-25.5M
$14.8M
Q2 24
$-33.9M
$15.5M
Q1 24
$3.7M
$30.3M
Gross Margin
GPUS
GPUS
RWT
RWT
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
RWT
RWT
Q4 25
-117.8%
Q3 25
-57.8%
-9.0%
Q2 25
-39.2%
-679.0%
Q1 25
-25.5%
80.2%
Q4 24
-46.8%
-1.3%
Q3 24
-79.2%
86.1%
Q2 24
-151.4%
30.3%
Q1 24
9.5%
41.3%
Net Margin
GPUS
GPUS
RWT
RWT
Q4 25
-112.0%
77.2%
Q3 25
-53.5%
-51.4%
Q2 25
-73.7%
-712.0%
Q1 25
-16.8%
57.8%
Q4 24
-2.3%
-24.0%
Q3 24
-82.3%
58.1%
Q2 24
-190.7%
23.0%
Q1 24
9.7%
40.6%
EPS (diluted)
GPUS
GPUS
RWT
RWT
Q4 25
$0.11
Q3 25
$-0.39
$-0.08
Q2 25
$-2.66
$-0.76
Q1 25
$0.10
Q4 24
$-8.78
$-0.08
Q3 24
$-24.82
$0.09
Q2 24
$-37.81
$0.10
Q1 24
$3.32
$0.21

Balance Sheet & Financial Strength

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

Metric
GPUS
GPUS
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$13.1M
$255.7M
Total DebtLower is stronger
$83.1M
Stockholders' EquityBook value
$119.8M
$982.6M
Total Assets
$313.7M
$23.7B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPUS
GPUS
RWT
RWT
Q4 25
$13.1M
$255.7M
Q3 25
$24.8M
$226.3M
Q2 25
$5.9M
$302.0M
Q1 25
$4.2M
$259.9M
Q4 24
$4.5M
$245.2M
Q3 24
$7.9M
$253.7M
Q2 24
$9.6M
$275.6M
Q1 24
$18.9M
$275.4M
Total Debt
GPUS
GPUS
RWT
RWT
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
$1.7B
Stockholders' Equity
GPUS
GPUS
RWT
RWT
Q4 25
$119.8M
$982.6M
Q3 25
$55.9M
$999.0M
Q2 25
$5.5M
$1.1B
Q1 25
$6.3M
$1.2B
Q4 24
$8.6M
$1.2B
Q3 24
$2.7M
$1.2B
Q2 24
$26.7M
$1.2B
Q1 24
$59.0M
$1.2B
Total Assets
GPUS
GPUS
RWT
RWT
Q4 25
$313.7M
$23.7B
Q3 25
$242.4M
$22.6B
Q2 25
$213.5M
$21.3B
Q1 25
$218.5M
$19.9B
Q4 24
$220.8M
$18.3B
Q3 24
$231.5M
$18.4B
Q2 24
$270.8M
$16.5B
Q1 24
$299.8M
$15.1B
Debt / Equity
GPUS
GPUS
RWT
RWT
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×
1.39×

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
RWT
RWT
Operating Cash FlowLast quarter
$-37.7M
$-10.1B
Free Cash FlowOCF − Capex
$-56.2M
FCF MarginFCF / Revenue
-208.7%
Capex IntensityCapex / Revenue
68.6%
Cash ConversionOCF / Net Profit
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$-87.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPUS
GPUS
RWT
RWT
Q4 25
$-37.7M
$-10.1B
Q3 25
$-17.8M
$-2.7B
Q2 25
$-3.1M
$-2.1B
Q1 25
$-4.0M
$-2.0B
Q4 24
$-9.2M
$-5.9B
Q3 24
$3.7M
$-2.1B
Q2 24
$-3.7M
$-2.0B
Q1 24
$-10.2M
$-954.2M
Free Cash Flow
GPUS
GPUS
RWT
RWT
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
FCF Margin
GPUS
GPUS
RWT
RWT
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%
Capex Intensity
GPUS
GPUS
RWT
RWT
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%
Cash Conversion
GPUS
GPUS
RWT
RWT
Q4 25
-504.15×
Q3 25
Q2 25
Q1 25
-120.92×
Q4 24
Q3 24
-140.86×
Q2 24
-126.56×
Q1 24
-2.75×
-31.53×

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%

RWT
RWT

Segment breakdown not available.

Related Comparisons