Models / deployment economics

What does a GPU buildout need to earn?

Change price, billable utilization and installed costs to see how they affect annual contribution and simple capital recovery. The inputs describe a scenario, not a company’s reported return.

01 / Assumptions

Price opens at $3.85 from: H100 SXM on-demand index reference · snapshot e8b899d1671a. An observed posted quote is a starting assumption, not a reported contract rate. All other values are illustrative and editable.

Installed IT capacity (MW)Computing equipment power

GPUs per IT MW (GPUs/MW)Deployment assumption

Realized rental price ($/GPU-hour)Posted reference is a starting point

Billable utilization (%)Share of hours billed

Facility capital ($m/IT MW)Excludes GPU systems below

System capital ($/GPU)GPU, host and allocated network

Annual operating cost ($m/IT MW)Constant annual cost

Recovery target (years)Simple capital recovery

02 / Deployment economics

Total installed capital$3.60bn

Capital per IT GW$36.0bn

Installed GPUs50,000

Annual revenue$1,264.7m

Annual operating contribution$1,064.7m

Simple payback3.38 years

Price for 5-year recovery$2.80/hour

Utilization for 5-year recovery54.6%

Capital composition

Facility $1,100m GPU systems $2,500m

03 / Sensitivity

Price × billable utilization

Cells show simple payback in years under the other inputs above. Select a cell to update the model.

$/hour ↓ · billed % →	40%	50%	60%	70%	75%	80%	90%
$2.00
$2.50
$3.00
$3.50
$3.85
$4.50
$5.00

Constant annual inputs. The model excludes financing, taxes, ramp-up, replacement hardware and residual value. Simple payback is not a measured company return. IT MW is the computing load; facility overhead is outside this initial power calculation.