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Hyperliquid Strategies (PURR) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed May 8, 2026

Hyperliquid Strategies (PURR) reported revenue of $2.6M for the third quarter fiscal 2026 (Q3 FY26) and +425% from the quarter before.

Revenue$2.6M
Year over year—
Quarter over quarter+425%
Operating margin—
Net earnings$153M

Hyperliquid Strategies, Q3 FY26: revenue $2.6M, net earnings $153M, operating cash flow −$7.0M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$2.6M+425%—
Operating profit$194M——
Net earnings$153M——
Operating cash flow−$7.0M——

What changed

Revenue was $2.6M in Q3 FY26, up 425% from the previous quarter.

Operating profit was $193.8M, a 7380.6% margin. Net earnings were $152.5M. The effective tax rate was 21.9%.

Operating cash flow was −$7.0M. Non-cash charges added back $186K of share-based compensation. Working capital and other items used $159.7M.

Questions

What was Hyperliquid Strategies' revenue in the third quarter fiscal 2026?

Hyperliquid Strategies (PURR) reported revenue of $2.6M for the third quarter fiscal 2026 (Q3 FY26) and +425% from the quarter before.

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Source: Hyperliquid Strategies 10-Q on SEC EDGAR.