Hyperliquid Strategies Inc (PURR) financial statements: income statement, balance sheet and cash flow
Hyperliquid Strategies Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 30, 2026 · FY), Hyperliquid Strategies Inc reported revenue of $9.5M and net income of $489.0M.
Income statement
Hyperliquid Strategies Inc income statement, fiscal years
Line item
Jun 30, 2026 · FY
Total revenue
$9.5M
Unrealized gain on HYPE digital assets
$709.9M
Loss on HYPE contribution commitment
($169.2M)
IPR&D write-off from Sonnet acquisition
($35.6M)
Selling, general and administrative and research and development expenses
($14.0M)
Total operating income (expense)
$491.2M
Net operating income (loss)
$500.6M
Other expense
($14.3M)
Gain (loss) from equity method investment in Guidant
($362.0K)
Other income
$323.0K
Interest income
$2.7M
Total other income (expense)
($11.6M)
Net income (loss) before income taxes
$489.0M
Provision for income taxes
($183.5M)
Net income (loss)
$305.5M
Less: Net income allocated to participating preferred stockholders
($49.4M)
Net income (loss) attributable to common stockholders
$256.2M
Net income (loss) per common share - Basic
$3.21
Net income (loss) per common share - diluted
$3.21
Weighted average number of common shares outstanding - basic
79.8M
Weighted average number of common shares outstanding - diluted
79.8M
Hyperliquid Strategies Inc income statement, quarters
Line item
Mar 31, 2026 · Q4
Dec 31, 2025 · Q4
Sep 30, 2025 · Q3
Total revenue
$2.6M
$500.0K
—
Unrealized gain on HYPE digital assets
$198.4M
—
—
Loss on HYPE contribution commitment
$0
($155.8M)
—
IPR&D write-off from Sonnet acquisition
$0
($35.6M)
—
Selling, general and administrative and research and development expenses
($7.2M)
($3.5M)
—
Total operating income (expense)
$191.2M
($288.0M)
—
Operating income (loss)
$193.8M
($287.5M)
—
Other income
$323.0K
—
—
Interest income
$1.0M
$878.0K
—
Total other income
$1.4M
$878.0K
—
Net income (loss) before income taxes
$195.2M
($286.7M)
—
Provision for income taxes
($42.7M)
($17.8M)
—
Net income (loss)
$152.5M
($304.5M)
($1.2M)
Less: Net income allocated to participating preferred stockholders
($26.9M)
—
—
Net income (loss) attributable to common stockholders
$125.6M
—
—
Net income (loss) per common share - Basic
$1.01
-$7.43
-$13183.92
Net income (loss) per common share - diluted
$1.01
-$7.43
-$13183.92
Weighted average number of common shares outstanding - basic
124.0M
41.0M
92
Weighted average number of common shares outstanding - diluted
124.0M
41.0M
92
Balance sheet
Hyperliquid Strategies Inc balance sheet, fiscal years
Line item
Jun 30, 2026 · FY
Cash and cash equivalents
$137.9M
Prepaids and other current assets
$14.1M
Receivable from related party
$405.0K
Total current assets
$152.4M
HYPE digital assets
$1.9B
Equity method investment
$2.7M
Other non-current assets
$875.0K
Total assets
$2.1B
Accounts payable
$1.2M
Other current liabilities
$2.5M
Total current liabilities
$3.7M
Deferred tax liability
$183.5M
Total liabilities
$187.1M
Series A Preferred stock, $0.01 par value, 100,000,000 and 0 shares authorized as of June 30, 2026 and June 30, 2025, respectively; 166,173 and 0 shares issued and outstanding as of June 30, 2026, and June 30, 2025, respectively
2.0K
Common stock, $0.01 par value, 2,000,000,000 and 0 shares authorized as of June 30, 2026 and June 30, 2025, respectively; 203,617,555 shares issued and 200,550,458 shares outstanding (excluding treasury shares of 3,067,097) as of June 30, 2026, and 0 shares issued and 0 shares outstanding (excluding treasury shares of 0) as of June 30, 2025
2.0M
Additional paid-in capital
$1.6B
Retained earnings (accumulated deficit)
$304.9M
Treasury stock, at cost; 3,067,097 and 0 shares as of June 30, 2026, and June 30, 2025, respectively
-10.5M
Total stockholders' equity (deficit)
$1.9B
Total liabilities and stockholders' equity (deficit)
Series A Preferred stock, $0.01 par value, 100,000,000 shares authorized, 166,173 and 0, shares issued and outstanding as of March 31, 2026, and June 30, 2025, respectively
2.0K
2.0K
—
Common stock, $0.01 par value, 2,000,000,000 shares authorized; 127,287,205 shares issued and 124,220,108 shares outstanding (excluding treasury shares of 3,067,097) and 0 shares issued and 0 shares outstanding (excluding treasury shares of 0) as of March 31, 2026, and June 30, 2025, respectively
1.3M
1.3M
0
Additional paid-in capital
$918.7M
$917.1M
—
Accumulated deficit
($165.9M)
($318.5M)
($1.2M)
Treasury stock, at cost; 3,067,097 and 0 shares as of March 31, 2026, and June 30, 2025, respectively
-10.6M
-10.1M
—
Total stockholders' equity (deficit)
$743.5M
$589.8M
($1.2M)
Total liabilities and stockholders' equity (deficit)
$810.4M
$616.6M
$0
Cash flow statement
Hyperliquid Strategies Inc cash flow statement, fiscal years
Line item
Jun 30, 2026 · FY
Net income (loss)
$305.5M
IPR&D write-off from Sonnet acquisition
$35.6M
Unrealized gain on HYPE digital assets
($709.9M)
Loss on HYPE contribution commitment
$169.2M
Non cash - other expense
$12.4M
Gain (loss) from equity method investment in Guidant
$362.0K
Non cash staking and validator commission revenue
($9.5M)
Stock-based compensation
$893.0K
Non cash issuance of shares to Board of Directors
104.0K
Deferred income tax
$183.5M
Prepaids and other current assets
($1.3M)
Receivable from related party
($405.0K)
Other non-current assets
$252.0K
Accounts payable
($2.1M)
Other current liabilities
($3.8M)
Net cash used in operating activities
($19.1M)
Purchases of HYPE digital assets
($478.2M)
Purchases of USDC
($307.3M)
Sales of USDC
$27.0K
Cash received for the acquisition of Sonnet
$10.3M
Equity method investment
($2.3M)
Net cash used in investing activities
($777.4M)
Proceeds from issuance of equity
$947.3M
Payments for equity issuance costs
($2.3M)
Repurchases of common stock
($10.5M)
Net cash provided by financing activities
$934.5M
Net increase (decrease) in cash and cash equivalents
$137.9M
Cash and cash equivalents, beginning of period
$0
Cash and cash equivalents, end of period
$137.9M
Contributions of HYPE digital assets
$580.5M
Equity issued in acquisition of Sonnet
$39.6M
USDC converted into HYPE digital assets
$295.2M
Transfer of assets in exchange for equity method investment