{"id":994336,"date":"2026-08-12T16:32:38","date_gmt":"2026-08-12T20:32:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hyperion-defi-reports-2q-2026-financial-results-with-another-record-quarterly-net-income-and-strong-operating-momentum\/"},"modified":"2026-08-12T16:32:38","modified_gmt":"2026-08-12T20:32:38","slug":"hyperion-defi-reports-2q-2026-financial-results-with-another-record-quarterly-net-income-and-strong-operating-momentum","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hyperion-defi-reports-2q-2026-financial-results-with-another-record-quarterly-net-income-and-strong-operating-momentum\/","title":{"rendered":"Hyperion DeFi Reports 2Q 2026 Financial Results with Another Record Quarterly Net Income and Strong Operating Momentum"},"content":{"rendered":"
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\n Company Reports Record $31.0M Net Income and $53.7M Adjusted EBITDA<\/em>
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\n (<\/em>
\n <\/sup>
\n
\n 8<\/em>
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\n <\/sup>\n <\/p>\n

\n Announcing New HAUS Agreement with Entropy, an Upcoming HIP-3 Deployer<\/em>\n <\/p>\n

\n 1 Million HYPE Tokens Redeployed to Support HIP-3 & HIP-4 Markets Since June 2026<\/em>\n <\/p>\n

\n Sale of Remaining Legacy Life Sciences IP to Arctic Vision Executed in July 2026<\/em>\n <\/p>\n

DALLAS, Aug. 12, 2026 (GLOBE NEWSWIRE) — Hyperion DeFi, Inc. (NASDAQ: HYPD) (\u201cHyperion DeFi\u201d or the \u201cCompany\u201d), the first U.S. publicly listed DeFi company building on Hyperliquid, today reported results for the second quarter ending June 30, 2026.<\/p>\n

\u201cWe are pleased to report a second consecutive quarter of record Net Income\u201d, said Hyunsu Jung, CEO of Hyperion DeFi. Mr. Jung continued, \u201cIn our twelve months of operating performance, we have redefined what it means to be a digital asset treasury. Not only have we substantially grown our treasury position in HYPE, but we have launched multiple scalable businesses and built new products and services on Hyperliquid, all while reducing our costs over time. We continue to position ourselves as the premier institutional gateway to DeFi innovation, and are immensely proud to announce additional partnerships as part of today\u2019s release as we deliver on our mission to revolutionize blockchain financial services.\u201d<\/p>\n

\n Q3\u201925, Q4\u201925, Q1\u201926, and Q2\u201926 Summary GAAP and Non-GAAP Financial Measures<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n (Figures in $)<\/strong>\n <\/td>\n\n Q3 2025<\/strong>\n <\/td>\n\n Q4 2025<\/strong>\n <\/td>\n\n Q1 2026<\/strong>\n <\/td>\n\n Q2 2026<\/strong>\n <\/td>\n<\/tr>\n
GAAP<\/td>\nGross Profit<\/td>\n302,506<\/td>\n192,987<\/td>\n244,271<\/td>\n357,693<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nAdjusted Gross Profit(1)<\/sup><\/td>\n439,386<\/td>\n820,997<\/td>\n959,568<\/td>\n1,150,035<\/td>\n<\/tr>\n
GAAP<\/td>\nHYPE Digital Assets<\/td>\n37,954,590<\/td>\n16,233,941<\/td>\n25,286,164<\/td>\n74,119,231<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nGross HYPE Holdings(4)<\/sup><\/td>\n77,751,604<\/td>\n47,837,901<\/td>\n71,037,227<\/td>\n132,635,212<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nNet Asset Value(9)<\/sup><\/td>\n74,545,583<\/td>\n44,154,737<\/td>\n69,873,504<\/td>\n134,226,478<\/td>\n<\/tr>\n
GAAP<\/td>\nSelling, General and Administrative Expense<\/td>\n2,594,130<\/td>\n4,530,542<\/td>\n4,493,604<\/td>\n3,918,591<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nOperating Expenses Excluding Stock-Based Compensation(5)<\/sup><\/td>\n4,315,016<\/td>\n3,007,135<\/td>\n2,975,883<\/td>\n2,344,734<\/td>\n<\/tr>\n
GAAP<\/td>\nNet Operating (Income) Expenses<\/td>\n(4,125,685)<\/td>\n39,958,264<\/td>\n(8,487,848)<\/td>\n(30,650,049)<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nTreasury Gains (Losses)(6)<\/sup><\/td>\n11,868,872<\/td>\n(36,783,228)<\/td>\n21,451,862<\/td>\n54,815,626<\/td>\n<\/tr>\n
GAAP<\/td>\nTotal Other Income (Expense), Net<\/td>\n2,197,391<\/td>\n(288)<\/td>\n108,431<\/td>\n(56,779)<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nAdjusted Other Income (Expense)(7)<\/sup><\/td>\n(42,240)<\/td>\n48,717<\/td>\n52,585<\/td>\n31,919<\/td>\n<\/tr>\n
GAAP<\/td>\nNet Income (Loss)<\/td>\n6,625,582<\/td>\n(39,765,565)<\/td>\n8,840,550<\/td>\n30,950,963<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nAdjusted EBITDA(8)<\/sup><\/td>\n7,951,003<\/td>\n(38,920,649)<\/td>\n19,488,132<\/td>\n53,652,846<\/td>\n<\/tr>\n
GAAP<\/td>\nNet Cash and Cash Equivalents Used in Investing Activities<\/td>\n(20,112,041)<\/td>\n(6,319,039)<\/td>\n(1,472,835)<\/td>\n(5,642,387)<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nAdjusted Net Investing Cash Flow(17)<\/sup><\/td>\n(20,112,041)<\/td>\n(6,319,039)<\/td>\n(1,472,835)<\/td>\n(6,165,672)<\/td>\n<\/tr>\n
GAAP<\/td>\nNet Cash and Cash Equivalents Used in Operating Activities<\/td>\n(2,822,819)<\/td>\n(4,190,147)<\/td>\n(4,064,063)<\/td>\n(3,098,419)<\/td>\n<\/tr>\n
Non-GAAP<\/td>\nAdjusted Net Operating Cash Flow(18)<\/sup><\/td>\n(2,822,819)<\/td>\n(3,976,135)<\/td>\n(2,607,344)<\/td>\n(2,124,382)<\/td>\n<\/tr>\n<\/table>\n

\n
\n
All figures in this press release are not audited. Throughout this document, totals may not sum due to rounding. Calculations are based on unrounded results. This press release includes certain non-GAAP financial measures (including on a forward-looking basis) such as Adjusted Gross Profit, Gross HYPE Holdings, Net Asset Value, Operating Expenses Excluding Stock-Based Compensation, Treasury Gains (Losses), Adjusted Other Income (Expense), Adjusted EBITDA, Adjusted Net Investing Cash Flow, and Adjusted Net Operating Cash Flow. Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d for reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures and important additional information. <\/em>\n <\/p>\n

\n
\n *Cumulative figures for Adjusted EBITDA<\/em>
\n
\n (8)<\/em>
\n <\/sup>
\n as of Q3 2025 reflect the three months ended September 30, 2025, and as of Q2 2026 reflect the twelve months ended June 30, 2026. Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d sections for detailed definitions and reconciliations to the nearest GAAP Metric.<\/em>\n <\/p>\n

\n
\n Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d sections for detailed definitions and reconciliations to the nearest GAAP Metric.<\/em>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Adjusted Gross Profit<\/strong>
\n
\n (1) <\/strong>
\n <\/sup>
\n (in $ thousands)<\/strong>\n <\/td>\n		\n Q3’25<\/strong>\n <\/td>\n\n Q4’25<\/strong>\n <\/td>\n\n Q1’26<\/strong>\n <\/td>\n\n Q2’26<\/strong>\n <\/td>\n\n QoQ Growth<\/strong>\n <\/td>\n<\/tr>\n
Ecosystem Rewards<\/td>\n–<\/td>\n285<\/td>\n150<\/td>\n90<\/td>\n(40%)<\/td>\n<\/tr>\n
DeFi Monetization<\/td>\n<1<\/td>\n102<\/td>\n245<\/td>\n158<\/td>\n(36%)<\/td>\n<\/tr>\n
Yield Enhancement<\/td>\n78<\/td>\n79<\/td>\n211<\/td>\n334<\/td>\n+58%<\/td>\n<\/tr>\n
Validator Commissions<\/td>\n21<\/td>\n49<\/td>\n40<\/td>\n42<\/td>\n+4%<\/td>\n<\/tr>\n
Staking Yield<\/td>\n340<\/td>\n305<\/td>\n313<\/td>\n527<\/td>\n+69%<\/td>\n<\/tr>\n
\n Adjusted Gross Profit<\/strong>
\n
\n (1)<\/strong>
\n <\/sup>\n <\/td>\n		\n 439<\/strong>\n <\/td>\n\n 821<\/strong>\n <\/td>\n\n 960<\/strong>\n <\/td>\n\n 1,150<\/strong>\n <\/td>\n\n +20%<\/strong>\n <\/td>\n<\/tr>\n
Multiple vs. Staking Yield<\/td>\n1.3x<\/td>\n2.7x<\/td>\n3.1x<\/td>\n2.2x<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n % Earned in Cash*<\/strong>\n <\/td>\n\n 18<\/strong>
\n %<\/strong>\n <\/td>\n		\n 22<\/strong>
\n %<\/strong>\n <\/td>\n		\n 48<\/strong>
\n %<\/strong>\n <\/td>\n		\n 50<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
HYPE Earned in Staking & Validating(2)<\/sup><\/td>\n7,895<\/td>\n10,076<\/td>\n11,458<\/td>\n11,115<\/td>\n\u00a0<\/td>\n<\/tr>\n
Effective Average HYPE Price In-Period(3)<\/sup><\/td>\n45.76<\/td>\n35.12<\/td>\n30.82<\/td>\n51.23<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n
\n
*The portion of Adjusted Gross Profit<\/em>
\n
\n (1)<\/em>
\n <\/sup>
\n earned in cash, cash equivalents, and stablecoins<\/em>
\n
\n (16)<\/em>
\n <\/sup>
\n . Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d sections for detailed definitions and reconciliations to the nearest GAAP Metric.<\/em>\n <\/p>\n\n\n\n\n\n\n
\n HYPE Treasury Over Time<\/strong>\n <\/td>\n\n 6\/30\/25*<\/strong>\n <\/td>\n\n 09\/30\/25<\/strong>\n <\/td>\n\n 12\/31\/25<\/strong>\n <\/td>\n\n 3\/31\/26<\/strong>\n <\/td>\n\n 6\/30\/26<\/strong>\n <\/td>\n\n Basis<\/strong>
\n
\n (14)<\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
Gross HYPE Tokens(2)<\/sup><\/td>\n1.31 M<\/td>\n1.72 M<\/td>\n1.88 M<\/td>\n1.94 M<\/td>\n2.04 M<\/td>\n2.04 M<\/td>\n<\/tr>\n
HYPE Token Price<\/td>\n$34.8<\/td>\n$45.2<\/td>\n$25.4<\/td>\n$36.6<\/td>\n$65.0<\/td>\n$39.7<\/td>\n<\/tr>\n
\n Gross HYPE Holdings<\/strong>
\n
\n (4)<\/strong>
\n <\/sup>\n <\/td>\n		\n $45.5 M<\/strong>\n <\/td>\n\n $77.8 M<\/strong>\n <\/td>\n\n $47.8 M<\/strong>\n <\/td>\n\n $71.0 M<\/strong>\n <\/td>\n\n $132.6 M<\/strong>\n <\/td>\n\n $81.0 M<\/strong>\n <\/td>\n<\/tr>\n
Cash, Cash Equivalents, and Stablecoins(16)<\/sup><\/td>\n$7.5 M<\/td>\n$8.2 M<\/td>\n$6.5 M<\/td>\n$9.1 M<\/td>\n$11.8 M<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n
\n
*The June 30, 2025 Gross HYPE Holdings figure represents HYPE Digital Assets held at cost basis. Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d sections for detailed definitions and reconciliations to the nearest GAAP Metric.<\/em>\n <\/p>\n\n\n\n\n\n\n\n
\n Non-GAAP Income Summary<\/strong>
\n
\n (Figures in $)<\/strong>\n <\/td>\n		\n Q3 2025<\/strong>\n <\/td>\n\n Q4 2025<\/strong>\n <\/td>\n\n Q1 2026<\/strong>\n <\/td>\n\n Q2 2026<\/strong>\n <\/td>\n<\/tr>\n
Adjusted Gross Profit(1)<\/sup><\/td>\n439,386<\/td>\n820,997<\/td>\n959,568<\/td>\n1,150,035<\/td>\n<\/tr>\n
Operating Expenses Excluding Stock-Based Compensation(5)<\/sup><\/td>\n4,315,016<\/td>\n3,007,135<\/td>\n2,975,883<\/td>\n2,344,734<\/td>\n<\/tr>\n
Treasury Gains (Losses)(6)<\/sup><\/td>\n11,868,872<\/td>\n(36,783,228)<\/td>\n21,451,862<\/td>\n54,815,626<\/td>\n<\/tr>\n
Adjusted Other Income (Expense)(7)<\/sup><\/td>\n(42,240)<\/td>\n48,717<\/td>\n52,585<\/td>\n31,919<\/td>\n<\/tr>\n
\n Adjusted EBITDA<\/strong>
\n
\n (8)<\/strong>
\n <\/sup>\n <\/td>\n		\n 7,951,003<\/strong>\n <\/td>\n\n (38,920,649<\/strong>
\n )<\/strong>\n <\/td>\n		\n 19,488,132<\/strong>\n <\/td>\n\n 53,652,846<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

\n
\n
Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d sections for detailed definitions and reconciliations to the nearest GAAP Metric.<\/em>\n <\/p>\n\n\n\n\n\n\n\n
\n Non-GAAP Cash Flow Summary<\/strong>
\n
\n (Figures in $)<\/strong>\n <\/td>\n		\n Q3 2025<\/strong>\n <\/td>\n\n Q4 2025<\/strong>\n <\/td>\n\n Q1 2026<\/strong>\n <\/td>\n\n Q2 2026<\/strong>\n <\/td>\n<\/tr>\n
Adjusted Net Operating Cash Flow(18)<\/sup><\/td>\n(2,822,819)<\/td>\n(3,976,135)<\/td>\n(2,607,344)<\/td>\n(2,124,382)<\/td>\n<\/tr>\n
Adjusted Net Investing Cash Flow(17)<\/sup><\/td>\n(20,112,041)<\/td>\n(6,319,039)<\/td>\n(1,472,835)<\/td>\n(6,165,672)<\/td>\n<\/tr>\n
Net Cash Provided by Financing Activities<\/td>\n23,625,749<\/td>\n8,596,884<\/td>\n6,606,942<\/td>\n10,997,100<\/td>\n<\/tr>\n
\n Change in Cash, Cash Equivalents, and Stablecoins<\/strong>
\n
\n (16)<\/strong>
\n <\/sup>\n <\/td>\n		\n 690,889<\/strong>\n <\/td>\n\n (1,698,290<\/strong>
\n )<\/strong>\n <\/td>\n		\n 2,526,763<\/strong>\n <\/td>\n\n 2,707,046<\/strong>\n <\/td>\n<\/tr>\n
\n Ending Cash, Cash Equivalents, and Stablecoins<\/strong>
\n
\n (16)<\/strong>
\n <\/sup>\n <\/td>\n		\n 8,223,180<\/strong>\n <\/td>\n\n 6,524,890<\/strong>\n <\/td>\n\n 9,051,653<\/strong>\n <\/td>\n\n 11,758,699<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

\n
\n
Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d sections for detailed definitions and reconciliations to the nearest GAAP Metric.<\/em>\n <\/p>\n\n\n\n\n
\n Adjusted Gross
Profit<\/strong>
\n
\n (1) <\/strong>
\n <\/sup>
\n Guidance<\/strong>\n <\/td>\n		\n Q3’25<\/strong>\n <\/td>\n\n Q4’25<\/strong>\n <\/td>\n\n FY’25<\/strong>\n <\/td>\n\n Q1’26<\/strong>\n <\/td>\n\n Q2’26<\/strong>\n <\/td>\n\n Q3’26<\/strong>\n <\/td>\n\n Q4’26<\/strong>\n <\/td>\n\n FY’26
<\/strong>
\n Guidance<\/strong>\n <\/td>\n		\n 2026 Guidance
<\/strong>
\n vs. 2025
Actual<\/strong>\n <\/td>\n<\/tr>\n
\n Initial Guidance
<\/strong>
\n (Q4’25 A)<\/strong>\n <\/td>\n		$0.44M<\/td>\n$0.82M<\/td>\n\n $1.28M<\/strong>\n <\/td>\n–<\/td>\n–<\/td>\n–<\/td>\n–<\/td>\n\n $4M – $6M<\/strong>\n <\/td>\n\n ~ 4x<\/strong>\n <\/td>\n<\/tr>\n
\n Current Guidance
(Q2’26 A)<\/strong>\n <\/td>\n		$0.44M<\/td>\n$0.82M<\/td>\n\n $1.28M<\/strong>\n <\/td>\n$0.96M<\/td>\n$1.15M<\/td>\n–<\/td>\n–<\/td>\n\n $5M – $7M<\/strong>\n <\/td>\n\n ~ 5x<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

\n
\n
Please see \u201cFootnotes\u201d and \u201cNon-GAAP Measures of Financial Performance\u201d sections for detailed definitions and reconciliations to the nearest GAAP Metric.<\/em>\n <\/p>\n

\n HYPD Investment Thesis & 1-Year Trailing Results<\/strong>\n <\/p>\n

In June of 2025, Hyperion DeFi was born from what was formerly Eyenovia. We revamped the company\u2019s operating strategy to the accumulation of HYPE and directly building in the Hyperliquid ecosystem. We made a firm commitment that we would be more than just HYPE, benefitting from not just holding the asset, but uniquely building multiple business atop it that have the potential to leverage it profitably. Our model is no longer a concept that we ask investors to envision, it has become reality.<\/p>\n

Our unique strategy shares in multiple frontiers of value creation at the same time. Those three frontiers include (1) our growing HYPE treasury, (2) our scalable DeFi businesses, and (3) our embedded economic upside in the Hyperliquid ecosystem. We call this our HYPD \u201cTriple-Dip\u201d Strategy<\/u>, and we believe our results over the past twelve months speak for themselves.<\/p>\n