earnings
confidence high
sentiment positive
materiality 0.75
Hyperliquid Strategies Q3 net profit of $152.5M on HYPE gains; treasury grows to 20M tokens
Hyperliquid Strategies Inc
2026-Q3 EPS reported
-$3.03
revenue$3,126,000
- Q3 net profit of $152.5M, driven by $198.4M unrealized gains on HYPE tokens, partially offset by $42.7M deferred tax expense.
- Nine-month net loss of $165.4M, including $64M unrealized losses on HYPE and $35.6M IPR&D write-off from legacy bio-tech.
- Total assets of $809.4M as of March 31, 2026; stockholders' equity of $743.5M with no debt.
- Treasury holds 20.0M HYPE tokens (as of April 29, 2026) and $103M in cash; $216M deployed to accumulate HYPE since inception.
- Repurchased ~3.0M PURR shares at avg cost $3.42; issued $38.4M in shares under equity facility at avg $6.31.