Hyperion DeFi Q2 2026 net income rises to record $31.0 million
Hyperion DeFi reported second-quarter 2026 GAAP net income of $31.0 million, up from $8.8 million in the first quarter, driven mainly by $54.8 million in treasury gains as the HYPE token price rose. The company reiterated its 2026 guidance of $5 million to $7 million in Adjusted Gross Profit and said it still expects Adjusted Net Operating Cash Flow to turn positive by the end of 2026, but operating cash flow remained negative at $2.1 million in the quarter.
Key points
- GAAP net income was $31.0 million in Q2 2026 versus $8.8 million in Q1 2026; diluted EPS was $0.92 versus $0.26.
- Adjusted Gross Profit rose 20% quarter over quarter to $1.15 million from $960 thousand.
- Treasury gains were $54.8 million as HYPE price rose to $65.0 from $36.6; Gross HYPE Tokens reached 2.04 million.
- 2026 guidance of $5 million to $7 million in Adjusted Gross Profit was reiterated, and Adjusted Net Operating Cash Flow was ($2.1 million) in Q2 2026.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.