Hyperscale Data, the diversified technology and financial services group, has set a target of returning to profitability in the fourth quarter of 2026 as it absorbs the full-year contribution of a subsidiary that recently emerged from bankruptcy.
Ballista, which exited Chapter 11 bankruptcy protection and was reconsolidated into Hyperscale Data's accounts, is expected to contribute approximately $40 million in revenue this year, compared with just $3.2 million in the final quarter of 2025.
The company also projects that new initiatives spanning artificial intelligence infrastructure, software, blockchain infrastructure, finance operations and digital ecosystems will generate between $24 million and $44 million in 2026.
Ault Lending, Hyperscale Data's licensed lending subsidiary, is forecast to contribute a further $20 million to $30 million, with roughly $10 million expected in the current quarter alone.
The company described Ault Lending as "historically one of the Company's more profitable, albeit volatile, segments."
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Executive Chairman Milton "Todd" Ault III said the company believes 2026 represents an important year for Hyperscale Data, with management intending to provide a mid-year update as pipeline visibility improves.
Hyperscale Data also said it expects to complete a divestiture of Ault Capital Group, its investment arm, in the first quarter of 2027.
The recap
- Company guides 2026 revenue to $180–$200 million range
- Ballista expected to contribute approximately $40 million in 2026
- Divestiture of ACG expected in the first quarter of 2027