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Dallas-based operator of dedicated GPU compute environments for large-scale AI workloads.
Dallas-based operator of dedicated GPU compute environments for large-scale AI workloads.
In one line: A smaller CoreWeave.
Moat: none (scale). Provides GPU capacity in a crowded neocloud market with limited differentiation so far.
Headquarters: Dallas, Texas, US · Founded: 2026 · Employees: 88
Size ChronoScale (CHRN) is a United States Information Technology company (Data Processing Services) with a market value of $1.57B, the 1962nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $10.75 on 6 Nov 2026.
Performance Over six months the shares fell 31.0%, against -36.9% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 19 in its peer set.
Growth Revenue grew 190.2% over the last twelve months (peer median +10.7%); the operating margin is -68.3% (peer median 0.9%).
Valuation It trades at 32.6× enterprise value to sales against a peer median of 4.5× (most expensive of 21).
Capital Return on invested capital runs 21.3 points below its cost of capital (10.1% WACC).
Next results Next results expected around 29 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $50.9M | $71.6M | $17.9M | $18.3M | $12.9M |
| Revenue growth | — | +299% | -2% | +42% | — |
| Gross profit | -$1.81M | -$22.8M | $10.2M | $9.70M | $6.64M |
| EBITDA | -$18.2M | $23.4M | -$8.85M | -$13.4M | -$14.7M |
| Net income | -$51.3M | -$50.3M | -$11.3M | -$15.2M | -$15.1M |
| Free cash flow | $1.55M | $12.2M | -$9.88M | -$12.2M | -$14.9M |
| Capital expenditure | $3.24M | $26.9M | $37,000 | $157,000 | $194,000 |
| Total debt | $111M | $123M | $5.98M | $7.17M | $7.50M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| ChronoScale CHRN | $1.57B | -31% | +190% | -68% | 32.6× | n/a |
| CoreWeave CRWV | $25.6B | -59% | +115% | -3% | 9.3× | n/a |
| NBIS NBIS | $35.2B | -8% | +461% | -49% | 27.5× | n/a |
| Applied Digital APLD | $4.70B | -62% | +290% | -24% | 11.8× | n/a |
| Iren IREN | $8.76B | -65% | +42% | -54% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CHRN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -43.5% | -13.1% | lowest of 21 |
| 6-month return | -31.0% | -36.9% | 9th highest of 19 |
| Distance from 52-week high | -64.2% | -47.2% | 6th lowest of 21 |
| Revenue growth (TTM) | +190.2% | +10.7% | 2nd highest of 21 |
| Operating margin | -68.3% | 0.9% | 2nd lowest of 21 |
| EV / Sales | 32.6× | 4.5× | most expensive of 21 |
| ROIC minus cost of capital | -21.3 pp | -6.7 pp | 4th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ChronoScale CHRN | United States | $1.57B | -31% | +190% | -68% | 32.6× | n/a | n/a |
| JMDC 4483.T | Japan | $1.52B | +10% | +19% | 20% | 5.0× | 19.7% | +24.6% |
| Bitdeer Technologies BTDR | United States | $1.63B | -55% | +128% | -30% | 3.8× | n/a | n/a |
| Suncorporation 6736.T | Japan | $1.49B | +22% | -11% | 1% | 23.8× | n/a | n/a |
| HawkEye 360 HAWK | United States | $1.45B | -55% | +88% | -8% | 5.7× | n/a | n/a |
| Capitalonline Data Service 300846.SZ | China | $1.28B | -37% | 0% | -7% | 7.0× | n/a | n/a |
| Innodata INOD | United States | $1.27B | -56% | +39% | 17% | 3.2× | 15.9% | +34.0% |
| Shenzhen Xunce Technology 3317.HK | Hong Kong | $1.93B | -79% | +287% | -3% | 6.4× | n/a | n/a |
| ASrock Rack 7711.TW | Taiwan | $1.23B | +35% | +183% | 10% | 1.2× | 7.5% | +42.1% |
| Rendong 002647.SZ | China | $1.20B | -43% | +6% | 6% | 3.9× | 42.3% | -17.2% |
| Keel Infrastructure KEEL | United States | $1.15B | -53% | -23% | -121% | 7.8× | n/a | n/a |
| DXC Technology DXC | United States | $2.31B | +58% | -3% | 1% | 0.4× | 3.2% | -6.5% |
| Liberty Capital GLIBA | United States | $1.06B | -2% | +13% | 13% | 1.8× | 0.8% | +113.1% |
| Csquare CSQR | United States | $2.39B | n/a | +9% | 10% | 7.9× | n/a | n/a |
| VNET Group, Inc. Sponsored ADR VNET | United States | $1.00B | -64% | +23% | 7% | 3.5× | n/a | n/a |
| Sunevision 1686.HK | Hong Kong | $2.46B | -29% | +6% | 52% | 11.2× | 10.9% | +10.7% |
| BLS International Services BLS.NS | India | $973M | -23% | +29% | 23% | 2.5× | 9.7% | +44.4% |
| Kingsoft Cloud 3896.HK | Hong Kong | $2.54B | -47% | +35% | -3% | 1.8× | n/a | n/a |
| Beijing Topnew Info & Tech 300895.SZ | China | $938M | -27% | +1% | -25% | 23.4× | 54.6% | -3.4% |
| Ionic Digital IOND | United States | $2.68B | n/a | -8% | -44% | 18.5× | n/a | n/a |
| Beijing Sinnet Technology 300383.SZ | China | $2.70B | -37% | -2% | -11% | 3.3× | 46.5% | -0.7% |