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.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hyperliquid Strategies Inc reported the nine months ended March 31, 2026 results: net income $165.4 million in net loss.

Period: the nine months ended March 31, 2026
Net income: $165.4 million in net loss
Result: reported results

Exact text from the filing

(nine months ended March 31, 2026): o $3.1 million in staking revenue from HYPE holdings. o $1.9 million in interest income. o $10.7 million in SG&A and R&D expenses. o $165.4 million in net loss. o Net loss primarily attributable to $64.0 million in net unrealized losses on HYPE tokens, a one-time $35.6 million IPR&D write-off related to the acquisition of

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hyperliquid Strategies Inc reported the third fiscal quarter ended March 31, 2026 results: net income $152.5 million in net profit.

Period: the third fiscal quarter ended March 31, 2026
Net income: $152.5 million in net profit
Result: reported results

Exact text from the filing

(three months ended March 31, 2026): o $2.6 million in staking revenue from HYPE holdings. o $1.0 million in interest income. o $7.2 million in SG&A and R&D expenses. o $152.5 million in net profit. o Net profit primarily attributable to $198.4 million in unrealized gains on HYPE tokens partially off-set by a $42.7 increase in deferred tax expense. Website

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Hyperliquid Strategies Inc filing history →

Source: SEC EDGAR

accession 0001193125-26-212109

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