PURR
PURR
Hyperliquid Strategies Inc Common StockIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $500K ▲ | $3.46M ▲ | $-304.46M ▼ | -60.89K% ▼ | $-2.45 ▼ | $-2.96M ▼ |
| Q4-2025 | $0 | $1.21M | $-1.21M | 0% | $-0.01 | $-1.21M |
What's going well?
The company finally started generating revenue, which is a key milestone. No debt costs, so the balance sheet isn't weighed down by interest payments.
What's concerning?
Losses exploded this quarter due to a massive non-operating hit, and expenses are far above sales. The business is still deeply unprofitable, and the quality of earnings is poor.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $281.93M | $616.64M | $26.87M | $589.76M |
What's financially strong about this company?
The company has no debt, a large cash pile, and most assets are either cash or investments. Its current assets far exceed its short-term bills, making it very safe financially.
What are the financial risks or weaknesses?
Retained earnings are deeply negative, showing the company has lost money over time. There are no physical assets or inventory, so future growth may depend heavily on investments working out.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-304.46M | $-8.31M | $1.35M | $288.89M | $281.93M | $-8.31M |
What's strong about this company's cash flow?
The company has a solid cash balance of $281.9 million after raising funds, giving it some breathing room. Most of the accounting loss is not actual cash leaving the business.
What are the cash flow concerns?
PURR is not generating cash from its core business and relies on selling new shares to survive. Shareholders are being diluted, and the company will need more funding if losses continue.
About Hyperliquid Strategies Inc Common Stock
https://www.harvardave.netHyperliquid Strategies, Inc. is a holding and operating company, which engages in the business of crypto asset management. The firm operates as a digital asset treasury company which focuses on the Hyperliquid ecosystem. The company was founded on July 2, 2025 and is headquartered in New York, NY.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $500K ▲ | $3.46M ▲ | $-304.46M ▼ | -60.89K% ▼ | $-2.45 ▼ | $-2.96M ▼ |
| Q4-2025 | $0 | $1.21M | $-1.21M | 0% | $-0.01 | $-1.21M |
What's going well?
The company finally started generating revenue, which is a key milestone. No debt costs, so the balance sheet isn't weighed down by interest payments.
What's concerning?
Losses exploded this quarter due to a massive non-operating hit, and expenses are far above sales. The business is still deeply unprofitable, and the quality of earnings is poor.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $281.93M | $616.64M | $26.87M | $589.76M |
What's financially strong about this company?
The company has no debt, a large cash pile, and most assets are either cash or investments. Its current assets far exceed its short-term bills, making it very safe financially.
What are the financial risks or weaknesses?
Retained earnings are deeply negative, showing the company has lost money over time. There are no physical assets or inventory, so future growth may depend heavily on investments working out.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-304.46M | $-8.31M | $1.35M | $288.89M | $281.93M | $-8.31M |
What's strong about this company's cash flow?
The company has a solid cash balance of $281.9 million after raising funds, giving it some breathing room. Most of the accounting loss is not actual cash leaving the business.
What are the cash flow concerns?
PURR is not generating cash from its core business and relies on selling new shares to survive. Shareholders are being diluted, and the company will need more funding if losses continue.
CEO
David Ira Schamis
Compensation Summary
(Year )
Upcoming Earnings
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Grade Summary
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Price Target
Institutional Ownership
D1 CAPITAL PARTNERS L.P.
Shares:8M
Value:$32.64M
PARADIGM OPERATIONS LP
Shares:5.71M
Value:$23.3M
PANTERA CAPITAL PARTNERS LP
Shares:4.09M
Value:$16.67M
Summary
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