The massive EPS miss and pre-revenue status confirm the company is still in early buildout phase. The $32.2M off-take agreement and GAMEE acquisition provide a narrative catalyst, but with a $6M market cap and heavy liabilities, the stock remains highly speculative. Monitor for actual revenue recognition in upcoming quarters and any further dilution from capital raises.
Price Chart
Executive Summary
Alpha Compute reported Q2 2025 EPS of -$1.26, a 260% miss vs consensus of -$0.35, with no revenue yet. The press release focuses on operational milestones: a $32.2M GPU off-take agreement, the GAMEE acquisition, and a national media campaign. The massive EPS miss and pre-revenue status reinforce the bearish case, despite the forward-looking narrative.
Key Financial Metrics
Key Facts
- EPS of -$1.26 missed consensus of -$0.35 by 260%
- No revenue reported for the period; projected annual run-rate of $23 million
- Total assets $79.2M, total liabilities $44.4M (including $34.4M in GPU/data center leases)
- Completed majority acquisition of GAMEE at $18M implied valuation
- Signed $32.2M two-year off-take agreement with a frontier AI lab
- Market cap of $6M with 0% analyst bullish rating
Financial Impact
EPS miss of -$0.91 vs consensus; no current revenue; $32.2M off-take agreement provides future revenue visibility but no near-term cash flow
Risk Factors
- Pre-revenue with no current revenue reported; reliance on future GPU deployment revenue
- Heavy debt load ($34.4M in leases) relative to $34.8M equity
- High cash burn and need for additional financing
- Nasdaq listing with low market cap and bearish analyst consensus
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3307468 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 20d ago | 6-K | $4.02 | awaiting T+20 | — | $2.98 (−25.87%) |
Oct 6, 2026 20d ago | Press Release | $4.02 | awaiting T+20 | — | $2.98 (−25.87%) |
Oct 5, 2026 21d ago | Insider Cluster | $4.02 | awaiting T+20 | — | $2.98 (−25.87%) |
Sep 25, 2026 4w ago | 6-K | $5.58 $3.02 | ▼ −45.88% | ▼ −44.40% | $2.98 (−46.59%) |
Sep 25, 2026 4w ago | Press Release | $5.58 $3.02 | ▼ −45.88% | ▼ −44.40% | $2.98 (−46.59%) |
Sep 22, 2026 4w ago | 6-K | $4.35 $3.38 | ▲ +22.30% | ▲ +21.74% | $2.98 (+31.49%) |
Sep 22, 2026 4w ago | Press Release | $4.35 $3.38 | ▼ −22.30% | ▼ −21.74% | $2.98 (−31.49%) |
Sep 14, 2026 6w ago | 6-K | $4.16 $3.80 | ▼ −8.65% | ▼ −10.92% | $2.98 (−28.37%) |
Sep 3, 2026 7w ago | 6-K | $0.1150 $0.0920 | ▲ +20.00% | ▲ +19.54% | $2.98 (−2491.30%) |
Sep 1, 2026 7w ago | 6-K | $0.1790 $0.0947 | ▼ −47.09% | ▼ −46.94% | $2.98 (+1564.80%) |
US Market Status
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