Hyperliquid Strategies Inc (PURR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Aug 27, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PURR SEC filings page.
Hyperliquid Strategies Inc (PURR) reported $9.5M in revenue for fiscal year 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Reported profitability is disconnected from sales and cash generation, while financing flows support balance-sheet-heavy capital deployment.
FY2026 shows operating income of$500.6M against revenue of only$9.5M , so the reported result is not being driven by ordinary sales economics. Net income of$305.5M alongside operating cash flow of-$19.1M further indicates that accounting earnings did not translate into cash from operations during the period.
The balance sheet is lightly burdened by liabilities: total assets were
Investing cash flow of
Financial Health Signals
Hyperliquid Strategies Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
For every $1 of reported earnings, Hyperliquid Strategies Inc used $0.06 of operating cash (-$19.1M OCF vs $305.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Hyperliquid Strategies Inc earned $6.24 per diluted share (EPS) in Q4 2026. Against the prior quarter it is up 517.8%.
Not reported for Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Cash & Balance Sheet
Hyperliquid Strategies Inc held $137.9M in cash as of Q4 2026; long-term debt is not reported for that period.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
Hyperliquid Strategies Inc spent $91K on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 92.0%.
Not reported for Q4 2026.
Not reported for Q4 2026.
PURR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'26S-1/A | Q2'2610-Q | Q1'26S-1/A | Q4'2510-K |
|---|---|---|---|---|---|
| Revenue | N/A | $2.6M | $500K | N/A | N/A |
| Operating Income | N/A | $193.8M | -$287.5M | N/A | N/A |
| Income Tax | N/A | $42.7M | $17.8M | N/A | N/A |
| Net Income | N/A | $152.5M | -$304.5M | -$13.4M | N/A |
| EPS (Basic) | $6.24 | $1.01 | -$7.43 | -$13183.92 | N/A |
| EPS (Diluted) | $6.24 | $1.01 | -$7.43 | -$13183.92 | N/A |
| Diluted Shares (Avg) | N/A | 124M | 41M | 92 | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense.
PURR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'26S-1/A | Q2'2610-Q | Q1'26S-1/A | Q4'2510-K |
|---|---|---|---|---|---|
| Total Assets | $2.1B | $810.4M | $616.6M | -$12.5M | $0 |
| Current Assets | $152.4M | $117.4M | $287.1M | N/A | $0 |
| Cash & Equivalents | $137.9M | $113.1M | $281.9M | N/A | $0 |
| Short-Term Investments | $0 | $0 | $0 | N/A | $0 |
| Long-Term Investments | $0 | $0 | $0 | N/A | $0 |
| Goodwill | $0 | $0 | $0 | N/A | N/A |
| Total Liabilities | $187.1M+31246.2% | $66.9M | $26.9M | $1.2M | $597K |
| Current Liabilities | $3.7M+513.4% | $6.4M | $9.1M | N/A | $597K |
| Non-Current Liabilities | $183.5M | $60.5M | $17.8M | N/A | $0 |
| Total Equity | $1.9B+313813.7% | $743.5M | $589.8M | -$13.7M | -$597K |
| Retained Earnings | $304.9M+51179.6% | -$165.9M | -$318.5M | -$1.2M | -$597K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Long-Term Debt.
PURR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid.
PURR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'26S-1/A | Q2'2610-Q | Q1'26S-1/A | Q4'2510-K |
|---|---|---|---|---|---|
| Operating Margin | N/A | 7380.6% | -57509.2% | N/A | N/A |
| Net Margin | N/A | 5807.7% | -60892.6% | N/A | N/A |
| Return on Equity | N/A | 20.5% | -51.6% | N/A | N/A |
| Return on Assets | N/A | 18.8% | -49.4% | 107.3% | N/A |
| Current Ratio | 41.62+41.6x | 18.22 | 31.62 | N/A | 0.00 |
| Debt-to-Equity | 0.10 | 0.09 | 0.05 | N/A | N/A |
| Asset Turnover | N/A | 0.00 | 0.00 | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Where Hyperliquid Strategies Inc Ranks
Frequently Asked Questions
What is Hyperliquid Strategies Inc's annual revenue?
Hyperliquid Strategies Inc (PURR) reported $9.5M in total revenue for fiscal year 2026. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Hyperliquid Strategies Inc profitable?
Yes, Hyperliquid Strategies Inc (PURR) reported a net income of $305.5M in fiscal year 2026.
What is Hyperliquid Strategies Inc's return on equity (ROE)?
Hyperliquid Strategies Inc (PURR) has a return on equity of 16.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Hyperliquid Strategies Inc's operating cash flow?
Hyperliquid Strategies Inc (PURR) recorded an outflow of $19.1M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Hyperliquid Strategies Inc's total assets?
Hyperliquid Strategies Inc (PURR) had $2.1B in total assets as of fiscal year 2026, including both current and long-term assets.
What is Hyperliquid Strategies Inc's current ratio?
Hyperliquid Strategies Inc (PURR) had a current ratio of 41.62 as of fiscal year 2026, which is generally considered healthy.
What is Hyperliquid Strategies Inc's debt-to-equity ratio?
Hyperliquid Strategies Inc (PURR) had a debt-to-equity ratio of 0.10 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hyperliquid Strategies Inc's return on assets (ROA)?
Hyperliquid Strategies Inc (PURR) had a return on assets of 14.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Hyperliquid Strategies Inc's P/E ratio?
Hyperliquid Strategies Inc (PURR) trades at 7.5x earnings, its market capitalization divided by net income of $305.5M net income, FY2026. The market capitalization is $2.3B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Hyperliquid Strategies Inc's price-to-sales ratio?
Hyperliquid Strategies Inc (PURR) trades at 243x sales, its market capitalization divided by revenue of $9.5M revenue, FY2026. The market capitalization is $2.3B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Are Hyperliquid Strategies Inc's earnings high quality?
For every $1 of reported earnings, Hyperliquid Strategies Inc (PURR) used $0.06 of operating cash (-$19.1M OCF vs $305.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.