Hyperliquid Strategies Inc PURR
We are a Delaware corporation and U.S. publicly listed digital asset treasury company. Our primary business is accumulating HYPE, the native token of the Hyperliquid Layer 1 blockchain ecosystem ("HYPE" or "HYPE Tokens"), on behalf of our stockholders. The Company's primary strategic objective is to benefit from the growth of the Hyperliquid ecosystem directly through its ownership of HYPE tokens, through pursuing income earning activities related to the Hyperliquid ecosystem, or by otherwise fostering growth of the Hyperliquid ecosystem. The Hyperliquid ecosystem has positioned itself to play an increasingly larger role in the global financial system, and the Company believes finding ways in which to participate in its growth offers the potential to generate long-term value for the Company's stockholders. There can be no assurance, however, as to the future growth of the Hyperliquid protocol or the value of the HYPE token.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 |
|---|---|---|
| Revenue | $9.5M | — |
| Total operating expenses | -$491.2M | — |
| Operating income | $500.6M | — |
| Pre-tax income | $489.0M | — |
| Income tax | $183.5M | — |
| Net income | $305.5M | — |
| EPS, basic | 3.21 | — |
| EPS, diluted | 3.21 | — |
| Shares, diluted (wtd. avg.) | 79.8M | — |
Balance sheet
| Fiscal year | FY2026 | FY2025 |
|---|---|---|
| Cash and equivalents | $137.9M | $0 |
| Receivables | $405.0K | $0 |
| Total current assets | $152.4M | $0 |
| Goodwill | $0 | — |
| Total assets | $2.06B | $0 |
| Accounts payable | $1.2M | $597.0K |
| Total current liabilities | $3.7M | $597.0K |
| Total liabilities | $187.1M | $597.0K |
| Retained earnings | $304.9M | -$597.0K |
| Total equity | $1.87B | $0 |
Cash flow
| Fiscal year | FY2026 | FY2025 |
|---|---|---|
| Operating cash flow | -$19.1M | — |
| Stock-based compensation | $893.0K | — |
| Investing cash flow | -$777.4M | — |
| Financing cash flow | $934.5M | — |
| Buybacks | $10.5M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-370281.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2025 | FY2026 |
|---|---|---|
| Revenue | — | $9.5M |
| Gross profit | — | — |
| Net income | — | $305.5M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6199
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| AXP | AMERICAN EXPRESS CO | $211.52B | 20.4x | 6.4% |
| MSTR | Strategy Inc | $51.47B | — | 3.0% |
| COIN | Coinbase Global, Inc. | $43.32B | 37.0x | 9.4% |
| SYF | Synchrony Financial | $23.96B | 7.9x | — |
| CRCL | Circle Internet Group, Inc. | $21.32B | — | 624.0% |
| SOFI | SoFi Technologies, Inc. | $18.88B | 37.5x | 23.1% |
| BMNR | BITMINE IMMERSION TECHNOLOGIES, INC. | $13.51B | 1.7x | 84.1% |
| CHYM | Chime Financial, Inc. | $11.23B | — | 30.7% |