diff --git a/hdk/common/data_types/floats.py b/hdk/common/data_types/floats.py
new file mode 100644
index 000000000..7021886e0
--- /dev/null
+++ b/hdk/common/data_types/floats.py
@@ -0,0 +1,24 @@
+"""This file holds the definitions for floating point types"""
+
+from . import base
+
+
+class Float(base.BaseDataType):
+    """Class representing a float"""
+
+    # bit_width is the total number of bits used to represent a floating point number, including
+    # sign bit, exponent and mantissa
+    bit_width: int
+
+    def __init__(self, bit_width: int) -> None:
+        self.bit_width = bit_width
+
+    def __repr__(self) -> str:
+        return f"{self.__class__.__name__}<{self.bit_width} bits>"
+
+    def __eq__(self, other: object) -> bool:
+        return isinstance(other, self.__class__) and self.bit_width == other.bit_width
+
+
+Float32 = lambda: Float(32)
+Float64 = lambda: Float(64)
diff --git a/tests/common/data_types/test_floats.py b/tests/common/data_types/test_floats.py
new file mode 100644
index 000000000..49a7ba380
--- /dev/null
+++ b/tests/common/data_types/test_floats.py
@@ -0,0 +1,50 @@
+"""Test file for float data types"""
+
+
+import pytest
+
+from hdk.common.data_types.floats import Float, Float32, Float64
+
+
+@pytest.mark.parametrize(
+    "float_,expected_repr_str",
+    [
+        pytest.param(
+            Float32(),
+            "Float<32 bits>",
+            id="Float32",
+        ),
+        pytest.param(
+            Float(32),
+            "Float<32 bits>",
+            id="32 bits Float",
+        ),
+        pytest.param(
+            Float64(),
+            "Float<64 bits>",
+            id="Float64",
+        ),
+        pytest.param(
+            Float(64),
+            "Float<64 bits>",
+            id="64 bits Float",
+        ),
+    ],
+)
+def test_floats_repr(float_: Float, expected_repr_str: str):
+    """Test float repr"""
+    assert float_.__repr__() == expected_repr_str
+
+
+@pytest.mark.parametrize(
+    "float_1,float_2,expected_equal",
+    [
+        pytest.param(Float32(), Float(32), True),
+        pytest.param(Float(64), Float32(), False),
+        pytest.param(Float64(), Float(64), True),
+    ],
+)
+def test_floats_eq(float_1: Float, float_2: Float, expected_equal: bool):
+    """Test float eq"""
+    assert expected_equal == (float_1 == float_2)
+    assert expected_equal == (float_2 == float_1)