Filing Flows › Hyperion Defi (HYPD) › Q1 2026 › vs Q4 2025
Hyperion Defi (HYPD) Q1 2026 vs Q4 2025 (quarter over quarter)
Hyperion Defi's revenue fell $252K (-51%) from $496K in Q4 2025 to $244K in Q1 2026. Gross margin 100.0% against 38.9% (+61.1 pts).
Hyperion Defi, Q1 2026: revenue $244K (17× year over year), net earnings $8.8M, operating cash flow −$4.2M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 100.0% | 38.9% | +61.1 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $244K | $496K | −$252K | -51% |
| Gross profit | $244K | $193K | $51K | +27% |
| Cost of revenue | $0 | $303K | −$303K | -100% |
| Other income, net | $108K | −$288 | $109K | — |
| Operating profit | $8.7M | −$39.8M | $48.5M | — |
| Pre-tax earnings | $8.8M | −$39.8M | $48.6M | — |
| Net earnings | $8.8M | −$39.8M | $48.6M | — |
| Operating cash sources | $14.8M | −$33.9M | $48.8M | — |
| Share-based compensation | $1.8M | $1.8M | $39K | +2% |
| Cash used in operations | $4.2M | $4.1M | $139K | +3% |
| Working capital & other | $14.8M | −$33.9M | $48.8M | — |
Questions
How much did Hyperion Defi's revenue grow quarter over quarter in Q1 2026?
Hyperion Defi's revenue fell $252K (-51%) from $496K in Q4 2025 to $244K in Q1 2026. Gross margin 100.0% against 38.9% (+61.1 pts).