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Hyperscale Data, Inc.（GPUS）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
Hyperscale Data, Inc.的季度营收约是REDWOOD TRUST INC的1.0倍（$26.9M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs -112.0%，领先189.2%），Hyperscale Data, Inc.同比增速更快（38.4% vs -6.1%），过去两年Hyperscale Data, Inc.的营收复合增速更高（-16.3% vs -41.0%）
Hyperscale Data, Inc.主要提供GPU加速计算基础设施及云解决方案，服务于AI开发、大数据处理、高性能计算领域，客户覆盖北美及亚太地区的AI初创企业、大型科技公司与云服务提供商，为复杂数据处理需求交付可扩展的高效计算资源。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
GPUS vs RWT — 直观对比
营收规模更大
GPUS
是对方的1.0倍
$25.9M
营收增速更快
GPUS
高出44.5%
-6.1%
净利率更高
RWT
高出189.2%
-112.0%
两年增速更快
GPUS
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $26.9M | $25.9M |
| 净利润 | $-30.1M | $20.0M |
| 毛利率 | 14.5% | — |
| 营业利润率 | -117.8% | — |
| 净利率 | -112.0% | 77.2% |
| 营收同比 | 38.4% | -6.1% |
| 净利润同比 | -6670.3% | 402.6% |
| 每股收益（稀释后） | — | $0.11 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GPUSRWT
| 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 |
净利润GPUSRWT
| 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 |
毛利率GPUSRWT
| 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% | — |
营业利润率GPUSRWT
| 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% |
净利率GPUSRWT
| 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% |
每股收益（稀释后）GPUSRWT
| 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 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $13.1M | $255.7M |
| 总债务越低越好 | $83.1M | — |
| 股东权益账面价值 | $119.8M | $982.6M |
| 总资产 | $313.7M | $23.7B |
| 负债/权益比越低杠杆越低 | 0.69× | — |
8季度趋势，按日历期对齐
现金及短期投资GPUSRWT
| 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 |
总债务GPUSRWT
| 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 |
股东权益GPUSRWT
| 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 |
总资产GPUSRWT
| 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 |
负债/权益比GPUSRWT
| 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× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-37.7M | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | $-56.2M | — |
| 自由现金流率自由现金流/营收 | -208.7% | — |
| 资本支出强度资本支出/营收 | 68.6% | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | $-87.1M | — |
8季度趋势，按日历期对齐
经营现金流GPUSRWT
| 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 |
自由现金流GPUSRWT
| 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 | — |
自由现金流率GPUSRWT
| 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% | — |
资本支出强度GPUSRWT
| 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% | — |
现金转化率GPUSRWT
| 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× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
RWT
暂无分部数据
