What is Hyperion DeFi Inc's earnings per share (EPS)?

Hyperion DeFi Inc (HYPD) reported diluted earnings per share of $-9.40 for fiscal year 2025. This represents a 84.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hyperion DeFi Inc Financials

HYPD

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Hyperion DeFi Inc (HYPD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HYPD FY2025 2026-05-15

FY2025 was shaped more by recapitalization and capital redeployment than by customer revenue, even as liquidity recovered.

FY2025's $91.0M financing inflow more than covered the -$14.8M operating cash burn, so liquidity improved despite continued cash use. That capital raise also repaired balance-sheet strain, lifting the current ratio from 0.2x to 2.7x and returning equity to positive territory.

Revenue quality improved in FY2025 because $813K of sales produced a positive gross margin of 62.7%, unlike FY2024's negative gross economics. But the company still carried a cost structure far above sales, with SG&A of $17.2M and R&D of $1.9M.

Earnings and cash flow diverged in FY2025: the net loss was -$45.3M while operating cash burn was -$14.8M, so not all of the reported loss translated into near-term cash drain. Meanwhile, new capital was quickly redeployed, with -$72.0M used in investing activities and year-end cash ending at only $6.4M.

Financial Health Signals

Financial health score pending refresh

We are recalculating Hyperion DeFi Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

-7.11

Hyperion DeFi Inc scores -7.11, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($40.3M) relative to total liabilities ($10.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/7

Hyperion DeFi Inc passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 3 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.33x

For every $1 of reported earnings, Hyperion DeFi Inc generates $0.33 in operating cash flow (-$14.8M OCF vs -$45.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-123.0x

Hyperion DeFi Inc earns $-123.0 in operating income for every $1 of interest expense (-$46.7M vs $380K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$813K

YoY+1318.8%

5Y CAGR-16.5%

Hyperion DeFi Inc generated $813K in revenue in fiscal year 2025. This represents an increase of 1318.8% from the prior year.

EBITDA

N/A

Net Income

-$45.3M

Hyperion DeFi Inc reported -$45.3M in net income in fiscal year 2025.

EPS (Diluted)

$-9.40

YoY+84.3%

Hyperion DeFi Inc earned $-9.40 per diluted share (EPS) in fiscal year 2025. This represents an increase of 84.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$6.4M

YoY+203.7%

5Y CAGR-25.7%

Hyperion DeFi Inc held $6.4M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+476.2%

Hyperion DeFi Inc had 9M shares outstanding in fiscal year 2025. This represents an increase of 476.2% from the prior year.

Margins & Returns

Gross Margin

62.7%

YoY+6812.2pp

5Y CAGR+2.7pp

Hyperion DeFi Inc's gross margin was 62.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 6812.2 percentage points from the prior year.

Operating Margin

-5743.5%

5Y CAGR-4754.1pp

Hyperion DeFi Inc's operating margin was -5743.5% in fiscal year 2025, reflecting core business profitability.

Net Margin

-5570.6%

5Y CAGR-4582.1pp

Hyperion DeFi Inc's net profit margin was -5570.6% in fiscal year 2025, showing the share of revenue converted to profit.

Return on Equity

-110.4%

5Y CAGR+18.8pp

Hyperion DeFi Inc's ROE was -110.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

$1.9M

YoY-86.8%

5Y CAGR-32.2%

Hyperion DeFi Inc invested $1.9M in research and development in fiscal year 2025. This represents a decrease of 86.8% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

HYPD Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$813K+1318.8%	$57K+1414.0%	$4K	N/A	$14.0M+600.0%	$2.0M
Cost of Revenue	$303K-92.3%	$3.9M+24437.5%	$16K	N/A	$1.6M+100.0%	$800K
Gross Profit	$510K+113.2%	-$3.9M-31573.7%	-$12K	N/A	$12.4M+933.3%	$1.2M
R&D Expenses	$1.9M-86.8%	$14.5M+11.5%	$13.0M-3.0%	$13.4M-9.9%	$14.9M+11.1%	$13.4M
SG&A Expenses	$17.2M+19.8%	$14.3M+15.4%	$12.4M-8.2%	$13.5M+28.0%	$10.6M+38.6%	$7.6M
Operating Income	-$46.7M	N/A	-$25.4M+5.6%	-$26.9M-106.7%	-$13.0M+34.2%	-$19.8M
Interest Expense	$380K-84.7%	$2.5M+4.7%	$2.4M+71.9%	$1.4M+255.9%	$388K+2175.3%	$17K
Income Tax	-$31K	N/A	N/A	N/A	N/A	N/A
Net Income	-$45.3M	N/A	-$27.3M+2.7%	-$28.0M-119.2%	-$12.8M+35.4%	-$19.8M
EPS (Diluted)	$-9.40+84.3%	$-59.81-12.5%	$-53.15	$-0.83-69.4%	$-0.49+47.9%	$-0.94

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$244K	N/A	$303K	N/A	$15K-47.6%	$28K+1628.8%	$2K-92.8%	$23K
Cost of Revenue	$48	N/A	N/A	N/A	$48-100.0%	$3.1M+2240.2%	$133K-73.0%	$490K
Gross Profit	$244K	N/A	$303K	N/A	$15K+100.5%	-$3.1M-2247.8%	-$131K+72.0%	-$468K
R&D Expenses	$287K	N/A	$374K-44.6%	$675K+0.2%	$673K-65.7%	$2.0M-43.5%	$3.5M-24.5%	$4.6M
SG&A Expenses	$4.5M	N/A	$2.6M-66.2%	$7.7M+223.7%	$2.4M-26.0%	$3.2M-14.0%	$3.7M-0.8%	$3.8M
Operating Income	$8.7M	N/A	$4.4M+153.0%	-$8.4M-175.6%	-$3.0M	N/A	-$7.3M+37.3%	-$11.7M
Interest Expense	$226K	N/A	$223K-57.8%	$528K-9.1%	$581K+9.8%	$530K-12.0%	$602K-10.7%	$674K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$8.8M	N/A	$6.6M+176.2%	-$8.7M-149.5%	-$3.5M	N/A	-$7.9M+28.6%	-$11.1M
EPS (Diluted)	$0.26	N/A	$0.05+102.0%	$-2.50-57.2%	$-1.59	N/A	$-9.07+45.5%	$-16.65

HYPD Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$51.8M+1311.3%	$3.7M-87.3%	$28.8M-7.3%	$31.0M-2.0%	$31.7M-6.6%	$33.9M
Current Assets	$7.2M+161.8%	$2.8M-86.6%	$20.7M-25.1%	$27.6M+25.6%	$22.0M-34.1%	$33.4M
Cash & Equivalents	$6.4M+203.7%	$2.1M-85.7%	$14.8M-35.1%	$22.9M+17.5%	$19.5M-31.4%	$28.4M
Inventory	N/A	N/A	$110K	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$10.7M-36.1%	$16.8M-15.3%	$19.8M+43.3%	$13.8M+23.3%	$11.2M-39.8%	$18.6M
Current Liabilities	$2.7M-83.2%	$16.0M+68.4%	$9.5M+111.2%	$4.5M-59.6%	$11.2M-38.6%	$18.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$41.1M+413.5%	-$13.1M-245.5%	$9.0M-47.8%	$17.2M-15.8%	$20.5M+33.7%	$15.3M
Retained Earnings	-$240.6M-23.2%	-$195.3M-34.2%	-$145.5M-23.1%	-$118.2M-31.0%	-$90.2M-16.5%	-$77.4M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$70.1M+35.4%	$51.8M-37.5%	$82.8M+48.7%	$55.7M+830.1%	$6.0M+63.2%	$3.7M-83.9%	$22.8M+20.0%	$19.0M
Current Assets	$8.8M+21.5%	$7.2M-20.3%	$9.1M-3.2%	$9.4M+82.0%	$5.2M+86.4%	$2.8M-76.3%	$11.7M+60.5%	$7.3M
Cash & Equivalents	$7.4M+14.5%	$6.4M-21.6%	$8.2M+9.2%	$7.5M+91.4%	$3.9M+85.5%	$2.1M-70.5%	$7.2M+212.4%	$2.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	$3.0M-2.8%	$3.1M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$11.6M+8.1%	$10.7M-11.1%	$12.0M-34.2%	$18.3M+16.6%	$15.7M-6.4%	$16.8M-12.1%	$19.1M-10.7%	$21.4M
Current Liabilities	$4.5M+65.6%	$2.7M-33.1%	$4.0M-60.8%	$10.3M-31.7%	$15.1M-5.9%	$16.0M+1.7%	$15.8M-0.4%	$15.8M
Long-Term Debt	$9.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$58.5M+42.5%	$41.1M-42.0%	$70.8M+89.4%	$37.4M+484.6%	-$9.7M+25.8%	-$13.1M-452.1%	$3.7M+256.9%	-$2.4M
Retained Earnings	-$231.8M+3.7%	-$240.6M-19.8%	-$200.9M+3.2%	-$207.5M-4.4%	-$198.8M-1.8%	-$195.3M-11.4%	-$175.4M-4.7%	-$167.5M

HYPD Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$14.8M	N/A	-$23.8M+5.1%	-$25.1M-20.3%	-$20.9M-227.0%	-$6.4M
Capital Expenditures	N/A	$161K-94.3%	$2.8M+427.0%	$540K-55.9%	$1.2M+369.5%	$261K
Free Cash Flow	N/A	N/A	-$26.7M-4.0%	-$25.6M-16.0%	-$22.1M-232.6%	-$6.6M
Investing Cash Flow	-$72.0M-44459.9%	-$161K+95.9%	-$4.0M-353.9%	-$875K+46.0%	-$1.6M-519.5%	-$261K
Financing Cash Flow	$91.0M+418.6%	$17.6M-11.3%	$19.8M-8.0%	$21.5M+0.2%	$21.5M+2.8%	$20.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$4.2M-3.4%	-$4.1M-43.7%	-$2.8M+18.1%	-$3.4M+22.4%	-$4.4M+27.3%	-$6.1M-2.8%	-$5.9M+27.3%	-$8.2M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$1-99.9%	$2K-96.5%	$46K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$6.1M-2.8%	-$5.9M+27.7%	-$8.2M
Investing Cash Flow	-$1.5M+76.7%	-$6.3M+68.6%	-$20.1M	N/A	N/A	-$1+99.9%	-$2K+96.5%	-$46K
Financing Cash Flow	$6.6M-23.1%	$8.6M-63.6%	$23.6M-55.1%	$52.6M+740.2%	$6.3M+499.1%	$1.0M-90.4%	$10.8M+325.7%	$2.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HYPD Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	62.7%+6812.2pp	-6749.5%-6426.9pp	-322.6%	N/A	88.6%+28.6pp	60.0%
Operating Margin	-5743.5%	N/A	-670885.8%	N/A	-93.0%+896.5pp	-989.5%
Net Margin	-5570.6%	N/A	-719857.4%	N/A	-91.3%+897.2pp	-988.5%
Return on Equity	-110.4%	N/A	-302.9%-140.4pp	-162.5%-100.1pp	-62.4%+66.7pp	-129.2%
Return on Assets	-87.5%	N/A	-94.7%-4.5pp	-90.3%-49.9pp	-40.4%+17.9pp	-58.3%
Current Ratio	2.68+2.5	0.17-2.0	2.17-4.0	6.13+4.2	1.97+0.1	1.83
Debt-to-Equity	0.26	N/A	2.20+1.4	0.80+0.3	0.55-0.7	1.22
FCF Margin	N/A	N/A	-704624.5%	N/A	-157.9%+174.4pp	-332.3%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	100.0%	N/A	100.0%	N/A	99.7%+11039.1pp	-10939.5%-2884.3pp	-8055.2%-5987.9pp	-2067.3%
Operating Margin	3574.8%	N/A	1463.8%	N/A	-20589.0%	N/A	-451195.5%-399534.3pp	-51661.2%
Net Margin	3619.2%	N/A	2190.2%	N/A	-23665.3%	N/A	-485406.3%-436550.2pp	-48856.1%
Return on Equity	15.1%	N/A	9.4%+32.6pp	-23.3%	N/A	N/A	-212.1%	N/A
Return on Assets	12.6%	N/A	8.0%+23.6pp	-15.6%+42.6pp	-58.2%	N/A	-34.6%+23.6pp	-58.2%
Current Ratio	1.97-0.7	2.68+0.4	2.25+1.3	0.91+0.6	0.34+0.2	0.17-0.6	0.74+0.3	0.46
Debt-to-Equity	0.20-0.1	0.26+0.1	0.17-0.3	0.49	N/A	N/A	5.13	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	-21752.4%+344123.1pp	-365875.5%-329543.0pp	-36332.5%

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Frequently Asked Questions

What is Hyperion DeFi Inc's annual revenue?

Hyperion DeFi Inc (HYPD) reported $813K in total revenue for fiscal year 2025. This represents a 1318.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hyperion DeFi Inc's revenue growing?

Hyperion DeFi Inc (HYPD) revenue grew by 1318.8% year-over-year, from $57K to $813K in fiscal year 2025.

Is Hyperion DeFi Inc profitable?

No, Hyperion DeFi Inc (HYPD) reported a net income of -$45.3M in fiscal year 2025, with a net profit margin of -5570.6%.

What is Hyperion DeFi Inc's gross margin?

Hyperion DeFi Inc (HYPD) had a gross margin of 62.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Hyperion DeFi Inc's operating margin?

Hyperion DeFi Inc (HYPD) had an operating margin of -5743.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Hyperion DeFi Inc's net profit margin?

Hyperion DeFi Inc (HYPD) had a net profit margin of -5570.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Hyperion DeFi Inc's return on equity (ROE)?

Hyperion DeFi Inc (HYPD) has a return on equity of -110.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Hyperion DeFi Inc's operating cash flow?

Hyperion DeFi Inc (HYPD) generated -$14.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hyperion DeFi Inc's total assets?

Hyperion DeFi Inc (HYPD) had $51.8M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Hyperion DeFi Inc spend on research and development?

Hyperion DeFi Inc (HYPD) invested $1.9M in research and development during fiscal year 2025.

How many shares does Hyperion DeFi Inc have outstanding?

Hyperion DeFi Inc (HYPD) had 9M shares outstanding as of fiscal year 2025.

What is Hyperion DeFi Inc's current ratio?

Hyperion DeFi Inc (HYPD) had a current ratio of 2.68 as of fiscal year 2025, which is generally considered healthy.

What is Hyperion DeFi Inc's debt-to-equity ratio?

Hyperion DeFi Inc (HYPD) had a debt-to-equity ratio of 0.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hyperion DeFi Inc's return on assets (ROA)?

Hyperion DeFi Inc (HYPD) had a return on assets of -87.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Hyperion DeFi Inc's cash runway?

Based on fiscal year 2025 data, Hyperion DeFi Inc (HYPD) had $6.4M in cash against an annual operating cash burn of $14.8M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Hyperion DeFi Inc's Altman Z-Score?

Hyperion DeFi Inc (HYPD) has an Altman Z-Score of -7.11, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Hyperion DeFi Inc's Piotroski F-Score?

Hyperion DeFi Inc (HYPD) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hyperion DeFi Inc's earnings high quality?

Hyperion DeFi Inc (HYPD) has an earnings quality ratio of 0.33x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Hyperion DeFi Inc cover its interest payments?

Hyperion DeFi Inc (HYPD) has an interest coverage ratio of -123.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.