Filing Flows › Hyperion Defi (HYPD) › Q4 2025
Hyperion Defi (HYPD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 30, 2026
Hyperion Defi (HYPD) reported revenue of $496K for the fourth quarter 2025 (Q4 2025), up 18-fold from a year earlier and +64% from the quarter before.
Hyperion Defi, Q4 2025: revenue $496K (18× year over year), net loss $39.8M, operating cash flow −$4.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $496K | +64% | 18× |
| Operating profit | −$39.8M | -998% | — |
| Net earnings | −$39.8M | -700% | — |
| Operating cash flow | −$4.1M | — | — |
What changed
Revenue was $496K in Q4 2025, up 1666% year over year and up 64% from the previous quarter.
Gross margin was 38.9%. Operating costs exceeded revenue by $39.8M, an operating margin of -8013.5%. The fastest-growing cost line was Other operating costs (+214%). The quarter ended with a net loss of $39.8M, after a profit of $6.6M the previous quarter.
Operating cash flow was −$4.1M. Non-cash charges added back $1.8M of share-based compensation. Working capital and other items added $33.9M.
Questions
What was Hyperion Defi's revenue in the fourth quarter 2025?
Hyperion Defi (HYPD) reported revenue of $496K for the fourth quarter 2025 (Q4 2025), up 18-fold from a year earlier and +64% from the quarter before.
Source: Hyperion Defi 10-K on SEC EDGAR.