HGX B200 server value
$360K-$470K per 8-GPU node new in the October 2026 Rack Report; no used sales yet.
HGX B200 8-GPU server (8x 180GB), August 2026
| Figure | Value | Detail |
|---|---|---|
| New price per node | $360K-$470K | Rack Report new-equipment benchmark |
| Used fair market value | No used sales yet | Published once sales are enough |
| 2026 residual band | 59-80% | Forecast, % of the price new; conservative 59-67% |
| Residual after 3 years | 16-46% | 2029 band forecast, conservative floor to moderate ceiling |
Whole node in a standard configuration (CPUs, memory, storage, node NICs; no fabric, racks, installation or support). Residual bands are forecasts from our June 2026 report. Indicative, not an appraisal.
This month
No used HGX B200 servers have traded in our sales data yet. New, a node ran $360K-$470K in the October 2026 Rack Report. Bought in 2026, our bands put it at 16-26% of the price new after three years on the conservative case and 26-46% on the moderate case.
Updated October 17, 2026. Rack Report October 2026, data through August 2026.
Residual value after 1 to 4 years
HGX B200 residual value, % of the price new
2026 to 2030
| Term | Ends | Conservative | Moderate |
|---|---|---|---|
| 12 months | 2027 | 40-54% | 54-68% |
| 24 months | 2028 | 30-42% | 42-56% |
| 36 months | 2029 | 16-26% | 26-46% |
| 48 months | 2030 | 6-11% | 11-24% |
Percent of the original price, by the calendar year the term ends, for a deal signed in 2026. Bands from our June 2026 residual value report; the B200 first shipped in early 2025. More detail: B200 residual value.
What a lessor might book
Our residual value report concludes that a lessor writing a fair market value lease books at the low end of the conservative band, because it has to turn the residual into cash at lease end. For a 36-month B200 lease signed in 2026, that is 16% of the original price.
Which band lenders, lessors and equity book, and why: GPU residual value by year. Market data, not accounting or investment advice. A booked residual can be backed by residual value insurance.
Earnings per year and payback
One HGX B200 server bought at $415,000 (new, the midpoint of the October 2026 Rack Report new-price range of $360K-$470K), rented out from month 4.
| Case | Per GPU-hour | Year-1 revenue | Colocation | Management | Year-1 net | Payback | 3-year net, with resale |
|---|---|---|---|---|---|---|---|
| 3-year contract | $4.00 | $280,320 | $47,040 | $12,000 | $221,280 | 25 months | $338,230 |
| On-demand | $7.00 | $374,119 | $47,040 | $12,000 | $315,079 | 18 months | $511,132 |
- 3-year contract: managedgpus.com contract preset, every hour billed (take-or-pay).
- On-demand: managedgpus.com short-term preset, 80% of hours billed, falling 10% a year.
- Power: 14 kW per server, the managedgpus.com sizing for this server; colocation all-in at $280 per kW a month from month one.
- Fees: Managed GPUs' $25,000 setup and $1,000 a month management; shipping $2,500. One server needs no cluster network.
- Payback: months after going live until cumulative cash covers the purchase and fees, before resale. Resale after three years: 31% of the purchase price (midpoint of the 2029 residual band forecast, 16-46% of the price new).
Change any input in the managedgpus.com GPU ROI calculator.
Total cost of ownership over three years
| Server | $415,000 |
| Shipping | $2,500 |
| Setup fee | $25,000 |
| Colocation, 39 months | $152,880 |
| Management | $36,000 |
| Total paid | $631,380 |
| Less resale after 3 years | -$128,650 |
| Total cost of ownership | $502,730 |
| Per GPU-hour over 3 years | $2.39 |
Same inputs as the earnings table. Power is inside the all-in colocation rate. Excludes financing, insurance, support contracts and sales tax.
In-situ vs ex-situ value
Installed under a three-year contract, an HGX B200 node has an income value of about $646K, 156% of its new price (present value of 36 months of rent at the managedgpus.com $4.00 contract preset, every hour billed, net of colocation only (before setup and management fees), plus a resale value at the midpoint of the conservative band when the term ends, discounted at 12%). Removed and sold today, our bands put it at 59-80% of the price new. No used HGX B200 sales exist yet to put a dollar figure on it. That income value is above the $415K it costs to buy the server new, so it is not an equipment value: equipment in continued use is normally worth no more than the cost to replace it new and installed, and the excess is the value of the contract, which lasts only while the customer pays.
In-situ vs ex-situ GPU value has the definitions and every server side by side.
Methodology and sources
How the figures are built
New prices are the October 2026 Rack Report's new-equipment benchmarks. Until used HGX B200 sales are enough to publish a median, we show the residual bands as a share of the price new and no dollar value.
Residual bands are by calendar year, measured against the original price, from our June 2026 report, GPU Residual Value: Underwriting a $3 Trillion Opportunity. The bands are forecasts. Earnings use the managedgpus.com calculator's math and defaults; new servers are priced at the Rack Report new-price midpoint. Every figure is computed from the data at build time and moves with each monthly issue.
Related
- B200 appraisal: what a third-party appraisal of this server covers
- B200 residual value: bands at loan or lease maturity, book vs market
- GPU Value Guide: fair market and liquidation values, servers and cards
- GPU Resale Index: the monthly price index for used data center GPUs
- Are 6-year GPU depreciation schedules realistic?: useful lives against the resale curve
- GPU ROI calculator: earnings and payback with your own inputs, on managedgpus.com
- HGX H100 server value: same tables for another server
- HGX H200 server value: same tables for another server
- HGX B300 server value: same tables for another server
Discuss a transaction
Lending or leasing against HGX B200 servers? Send us the equipment list and the term. We will come back with values at the dates your deal cares about.
Prefer email? hello@amcompute.com
Questions
- What is a used HGX B200 server worth?
- There is no published used price yet: completed HGX B200 resales are still too few. New, a node ran $360K-$470K in the October 2026 Rack Report, and our 2026 residual band is 59-80% of the price new.
- What is the residual value of B200 servers after 3 years?
- Our bands forecast 16-26% of the original price in 2029 on the conservative case and 26-46% on the moderate case.
- How much does a B200 server earn per year?
- About $221K net of colocation and management in its first year at $4.00 per GPU-hour with every hour billed, or $315K on-demand at $7.00 with 80% billed.
- What is the payback period of a B200 server?
- 25 months after going live at $4.00 per GPU-hour with every hour billed, and 18 months on-demand, for one server bought at $415K (new, the midpoint of the October 2026 Rack Report new-price range of $360K-$470K).
- What residual should a lessor book on B200 servers?
- Our residual value report concludes that lessors book at the low end of the conservative band: for a 36-month lease signed in 2026, 16% of the original price. Market data, not accounting or investment advice.