# Hyperliquid Strategies Inc: overview

PURR · Nasdaq · CIK 2078856 · [Financials](/sectors/financials.md) · fiscal year ends Jun 30

Pages: [Overview](/companies/purr.md) · [Financials](/companies/purr/financials.md) · [Filings](/companies/purr/filings.md) · [Insiders](/companies/purr/insiders.md)

Latest reported revenue: [$6.3m](/filings/0001193125-26-370281.md) for Q4 FY2026, three months to 2026-06-30, from the 10-K filed Aug 27, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-370281).

## Last eight quarters

| Line item | Unit | Q3 FY2026 (2025-09-30) | Q2 FY2026 (2025-12-31) | Q3 FY2026 (2026-03-31) | Q4 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $k | not reported | [500](/filings/0001193125-26-045901.md) | [2,626](/filings/0001193125-26-212519.md) | [6,334 d](/filings/0001193125-26-370281.md) |
| Gross margin | % | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | [(57509.2%)](/filings/0001193125-26-045901.md) | [7380.6%](/filings/0001193125-26-212519.md) | [9595.1% d](/filings/0001193125-26-370281.md) |
| Net margin | % | not reported | [(60892.6%)](/filings/0001193125-26-212519.md) | [5807.7%](/filings/0001193125-26-212519.md) | [7434.4% d](/filings/0001193125-26-370281.md) |
| Diluted EPS | $ per share | [(13183.92)](/filings/0001193125-25-311400.md) | [(7.43)](/filings/0001193125-26-045901.md) | [1.01](/filings/0001193125-26-212519.md) | not reported |
| Free cash flow | $k | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2026 (2026-06-30) |
| --- | --- | ---: |
| Revenue | $k | [9,460](/filings/0001193125-26-370281.md) |
| Gross margin | % | not reported |
| Operating margin | % | [5292.0%](/filings/0001193125-26-370281.md) |
| Net margin | % | [3229.8%](/filings/0001193125-26-370281.md) |
| Diluted EPS | $ per share | [3.21](/filings/0001193125-26-370281.md) |
| Free cash flow | $k | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/purr/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $79.8m | 10,145,166 |  | Added +8,067,652 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $70.8m | 8,997,601 |  | Added +5,850,572 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $70.0m | 8,893,678 |  | Added +8,768,149 |
| [D1 Capital Partners L.P.](/funds/1747057.md) | 2026-06-30 | $49.9m | 6,342,600 |  | Reduced −1,657,400 |
| [Paradigm Operations LP](/funds/1911136.md) | 2026-06-30 | $44.9m | 5,709,852 |  | Unchanged |
| [BIT Capital GmbH](/funds/2053305.md) | 2026-06-30 | $44.9m | 5,703,542 |  | Added +5,623,542 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $44.7m | 5,675,335 |  | New +5,675,335 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $37.2m | 4,730,869 |  | Added +3,586,471 |
| [Nearwater Capital Markets, Ltd](/funds/1915842.md) | 2026-06-30 | $31.5m | 4,000,000 |  | New +4,000,000 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $29.7m | 3,778,900 | Put | Added +3,761,800 |

## Recent filings

[All 104 filings](/companies/purr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-26 | 09:13 ET | [8-K](/filings/0001193125-26-431200.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-431200 |
| 2026-10-02 | 17:02 ET | [DEF 14A](/filings/0001193125-26-412569.md) | Proxy statement, period 2026-11-04 | 0001193125-26-412569 |
| 2026-09-15 | 21:54 ET | [S-1](/filings/0001193125-26-391097.md) | Registration statement | 0001193125-26-391097 |
| 2026-09-15 | 21:39 ET | [8-K](/filings/0001193125-26-391090.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001193125-26-391090 |
| 2026-09-14 | 08:56 ET | [8-K](/filings/0001193125-26-389910.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001193125-26-389910 |
| 2026-09-01 | 17:00 ET | [8-K](/filings/0001193125-26-378589.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001193125-26-378589 |
| 2026-08-27 | 11:45 ET | [10-K](/filings/0001193125-26-370281.md) | Annual report, period 2026-06-30 | 0001193125-26-370281 |
| 2026-08-27 | 08:32 ET | [8-K](/filings/0001193125-26-369668.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-369668 |
| 2026-07-21 | 21:39 ET | [S-1/A](/filings/0001193125-26-309340.md) | Registration statement, amended | 0001193125-26-309340 |
| 2026-06-26 | 17:03 ET | [8-K](/filings/0001193125-26-285672.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-285672 |

## Latest annual report

[Form 10-K for the fiscal year ended Jun 30, 2026](/filings/0001193125-26-370281.md), filed Aug 27, 2026.

## Forecast league

Q1 FY2027, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/e613da0e-4b40-43d9-9c8e-8dddd4f1386b)

## About the filer

- CIK: 2078856
- Tickers: PURR
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 17:30 ET. No prices; not investment advice.
