Filing Flows › Hyperion Defi (HYPD) › Q1 2026
Hyperion Defi (HYPD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Hyperion Defi (HYPD) reported revenue of $244K for the first quarter 2026 (Q1 2026), up 17-fold from a year earlier and -51% from the quarter before.
Hyperion Defi, Q1 2026: revenue $244K (17× year over year), net earnings $8.8M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $244K | -51% | 17× |
| Gross profit | $244K | +27% | 17× |
| Operating profit | $8.7M | — | — |
| Net earnings | $8.8M | — | — |
| Operating cash flow | −$4.2M | — | — |
What changed
Revenue was $244K in Q1 2026, up 1559% year over year and down 51% from the previous quarter.
Gross margin was 100.0%, up 0.3 points from Q1 2025. Operating profit was $8.7M, a 3574.8% margin (up 24163.7 points year over year). Net earnings were $8.8M. The effective tax rate was 0.0%.
Operating cash flow was −$4.2M. Non-cash charges added back $1.8M of share-based compensation. Working capital and other items used $14.8M.
Questions
What was Hyperion Defi's revenue in the first quarter 2026?
Hyperion Defi (HYPD) reported revenue of $244K for the first quarter 2026 (Q1 2026), up 17-fold from a year earlier and -51% from the quarter before.
Source: Hyperion Defi 10-Q on SEC EDGAR.