Hyperliquid Strategies Reports Quarterly Net Income of $621 Million

Odaily reports: Nasdaq-listed company Hyperliquid Strategies (PURR) has released its quarterly financial report for the period ended September 30, 2026, posting a quarterly net income of $621 million, primarily driven by $803 million in unrealized gains from HYPE tokens; the company also recorded an income tax expense of $172 million. Staking revenue and validator commissions totaled $12.3 million, with interest income of $1 million. The company's quarterly revenue was $13.3 million, exceeding analyst expectations of $10.6 million to $12 million. During the quarter, the company added 9.1 million HYPE tokens at a cost of $785 million. As of October 28, the company holds 38.9 million HYPE at an average cost of $56.35, with cash and cash equivalents of $245 million and no debt.