vs
Hyperscale Data, Inc.（GPUS）与Solaris Energy Infrastructure, Inc.（SEI）财务数据对比。点击上方公司名可切换其他公司
Solaris Energy Infrastructure, Inc.的季度营收约是Hyperscale Data, Inc.的6.7倍（$179.7M vs $26.9M）。Solaris Energy Infrastructure, Inc.净利率更高（-0.9% vs -112.0%，领先111.0%）。Solaris Energy Infrastructure, Inc.同比增速更快（86.6% vs 38.4%）。Hyperscale Data, Inc.自由现金流更多（$-56.2M vs $-158.6M）。过去两年Solaris Energy Infrastructure, Inc.的营收复合增速更高（62.7% vs -16.3%）
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。
AGL能源有限公司是澳大利亚上市企业，业务涵盖民用及商用电力、天然气的生产与零售，是国家电力市场三大零售商之一。作为澳大利亚最大的电力生产商，该公司同时也是该国最大的碳排放主体。
GPUS vs SEI — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $26.9M | $179.7M |
| 净利润 | $-30.1M | $-1.7M |
| 毛利率 | 14.5% | — |
| 营业利润率 | -117.8% | 22.2% |
| 净利率 | -112.0% | -0.9% |
| 营收同比 | 38.4% | 86.6% |
| 净利润同比 | -6670.3% | -126.5% |
| 每股收益（稀释后） | — | — |
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
| Q4 25 | $26.9M | $179.7M | ||
| Q3 25 | $24.3M | $166.8M | ||
| Q2 25 | $25.9M | $149.3M | ||
| Q1 25 | $25.0M | $126.3M | ||
| Q4 24 | $19.4M | $96.3M | ||
| Q3 24 | $31.1M | $75.0M | ||
| Q2 24 | $17.8M | $73.9M | ||
| Q1 24 | $38.4M | $67.9M |
| Q4 25 | $-30.1M | $-1.7M | ||
| Q3 25 | $-13.0M | $14.6M | ||
| Q2 25 | $-19.1M | $12.0M | ||
| Q1 25 | $-4.2M | $5.3M | ||
| Q4 24 | $-445.0K | $6.3M | ||
| Q3 24 | $-25.5M | $-968.0K | ||
| Q2 24 | $-33.9M | $6.2M | ||
| Q1 24 | $3.7M | $4.3M |
| 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% | 22.2% | ||
| Q3 25 | -57.8% | 22.7% | ||
| Q2 25 | -39.2% | 23.8% | ||
| Q1 25 | -25.5% | 17.5% | ||
| Q4 24 | -46.8% | 26.7% | ||
| Q3 24 | -79.2% | 7.0% | ||
| Q2 24 | -151.4% | 16.0% | ||
| Q1 24 | 9.5% | 14.7% |
| Q4 25 | -112.0% | -0.9% | ||
| Q3 25 | -53.5% | 8.7% | ||
| Q2 25 | -73.7% | 8.0% | ||
| Q1 25 | -16.8% | 4.2% | ||
| Q4 24 | -2.3% | 6.5% | ||
| Q3 24 | -82.3% | -1.3% | ||
| Q2 24 | -190.7% | 8.4% | ||
| Q1 24 | 9.7% | 6.4% |
| Q4 25 | — | — | ||
| Q3 25 | $-0.39 | — | ||
| Q2 25 | $-2.66 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-8.78 | — | ||
| Q3 24 | $-24.82 | — | ||
| Q2 24 | $-37.81 | — | ||
| Q1 24 | $3.32 | — |
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 | $353.3M |
| 总债务越低越好 | $83.1M | $184.0M |
| 股东权益账面价值 | $119.8M | $564.3M |
| 总资产 | $313.7M | $2.1B |
| 负债/权益比越低杠杆越低 | 0.69× | 0.33× |
8季度趋势，按日历期对齐
| Q4 25 | $13.1M | $353.3M | ||
| Q3 25 | $24.8M | $106.7M | ||
| Q2 25 | $5.9M | $99.6M | ||
| Q1 25 | $4.2M | $16.7M | ||
| Q4 24 | $4.5M | $114.3M | ||
| Q3 24 | $7.9M | $18.6M | ||
| Q2 24 | $9.6M | $5.1M | ||
| Q1 24 | $18.9M | $3.4M |
| Q4 25 | $83.1M | $184.0M | ||
| Q3 25 | $80.0M | $382.8M | ||
| Q2 25 | $88.5M | $386.2M | ||
| Q1 25 | $92.8M | $316.2M | ||
| Q4 24 | $96.7M | $315.7M | ||
| Q3 24 | $104.8M | $315.3M | ||
| Q2 24 | $106.8M | — | ||
| Q1 24 | $30.0M | — |
| Q4 25 | $119.8M | $564.3M | ||
| Q3 25 | $55.9M | $546.6M | ||
| Q2 25 | $5.5M | $399.1M | ||
| Q1 25 | $6.3M | $361.3M | ||
| Q4 24 | $8.6M | $355.6M | ||
| Q3 24 | $2.7M | $221.7M | ||
| Q2 24 | $26.7M | $204.6M | ||
| Q1 24 | $59.0M | $200.1M |
| Q4 25 | $313.7M | $2.1B | ||
| Q3 25 | $242.4M | $1.6B | ||
| Q2 25 | $213.5M | $1.5B | ||
| Q1 25 | $218.5M | $1.1B | ||
| Q4 24 | $220.8M | $1.1B | ||
| Q3 24 | $231.5M | $939.5M | ||
| Q2 24 | $270.8M | $457.8M | ||
| Q1 24 | $299.8M | $457.1M |
| Q4 25 | 0.69× | 0.33× | ||
| Q3 25 | 1.43× | 0.70× | ||
| Q2 25 | 16.06× | 0.97× | ||
| Q1 25 | 14.71× | 0.88× | ||
| Q4 24 | 11.19× | 0.89× | ||
| Q3 24 | 38.41× | 1.42× | ||
| Q2 24 | 4.00× | — | ||
| Q1 24 | 0.51× | — |
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 | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $-56.2M | $-158.6M |
| 自由现金流率自由现金流/营收 | -208.7% | -88.2% |
| 资本支出强度资本支出/营收 | 68.6% | 141.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-87.1M | $-437.7M |
8季度趋势，按日历期对齐
| Q4 25 | $-37.7M | $95.9M | ||
| Q3 25 | $-17.8M | $63.3M | ||
| Q2 25 | $-3.1M | $24.2M | ||
| Q1 25 | $-4.0M | $25.7M | ||
| Q4 24 | $-9.2M | $13.1M | ||
| Q3 24 | $3.7M | $10.5M | ||
| Q2 24 | $-3.7M | $18.9M | ||
| Q1 24 | $-10.2M | $16.9M |
| Q4 25 | $-56.2M | $-158.6M | ||
| Q3 25 | $-20.6M | $462.0K | ||
| Q2 25 | $-3.5M | $-160.9M | ||
| Q1 25 | $-6.8M | $-118.6M | ||
| Q4 24 | $-9.3M | $-113.6M | ||
| Q3 24 | $2.6M | $-47.2M | ||
| Q2 24 | $-5.9M | $18.2M | ||
| Q1 24 | $-11.6M | $13.5M |
| Q4 25 | -208.7% | -88.2% | ||
| Q3 25 | -84.5% | 0.3% | ||
| Q2 25 | -13.5% | -107.8% | ||
| Q1 25 | -27.3% | -93.9% | ||
| Q4 24 | -47.6% | -117.9% | ||
| Q3 24 | 8.4% | -63.0% | ||
| Q2 24 | -33.4% | 24.7% | ||
| Q1 24 | -30.3% | 19.9% |
| Q4 25 | 68.6% | 141.6% | ||
| Q3 25 | 11.5% | 37.6% | ||
| Q2 25 | 1.5% | 124.0% | ||
| Q1 25 | 11.5% | 114.2% | ||
| Q4 24 | 0.3% | 131.5% | ||
| Q3 24 | 3.6% | 77.0% | ||
| Q2 24 | 12.6% | 0.9% | ||
| Q1 24 | 3.7% | 4.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.35× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | 4.83× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | -2.75× | 3.91× |
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% |
SEI
| Solaris Power Solutions | $103.7M | 58% |
| Solaris Logistics Solutions | $76.1M | 42% |
