PURR Hyperliquid Strategies 10.23 USD -1.63% Score 4.3

Market cap 1.48B

Forward P/E 44.9×

FCF yield -1.0%

Hyperliquid Strategies Inc (PURR)

10.23USD -1.63% (-0.17)

Over 5Y: +162.3%

Style

Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

5 10

Dec Feb Apr Jun Aug Oct

Financials Quarterly

Figures

Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›

Hyperliquid Strategies Inc reported revenue of 2.6M USD for the quarter ending 31 March 2026. Every figure, period by period ›

-300M -200M -100M 0 100M 200M

Q3 '25 Q3 '25 Q4 '25 Q1 '26

Revenue Operating Cash Flow Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.1

Accruals -18.5%

SBC / sales 6.0%

DSO 91.0 days

Asset turnover 0.0039×

FCF margin -489.8%

OCF margin -489.8%

ROA -20.4%

ROCE -13.3%

ROE -22.2%

OE margin -495.7%

10 of 19 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

4.1

P/B 2.0×

P/C 13.1×

Fwd P/E 44.9×

Shareholder yield 0.71%

FCF yield -1.0%

5 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

0.5

0 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

9.3

Current ratio 18.2×

Debt / Eq 0.0×

Debt payback 0.0 yr

Equity / Assets 91.7%

Net debt / Eq 0.0×

Quick ratio 18.2×

ND/EBITDA 0.083

Cash runway 7.4 yr

Retained / assets -20.5%

10 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

0.5

0 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.

Companies of a similar size

The nearest by market value among the companies read here whose shares are quoted in USD. Size alone: nothing here says they are in the same business.

RDWR Radware Ltd.1.49B ULCC Frontier Group Holdings, Inc.1.49B MOMO Hello Group Inc.1.49B CSWC Capital Southwest Corporation1.49B ALNT Allient Inc1.48B WBI WaterBridge Infrastructure LLC1.48B MBC MasterBrand, Inc.1.48B HE Hawaiian Electric Industries, Inc.1.48B

Every listed company from the United States, largest first ›