Hyperion DeFi, Inc. filed a Form 10-Q with the SEC on November 13, 2026, reporting financial results for the quarterly and nine-month periods ended September 30, 2026, on NASDAQ:HYPD.

Key Highlights

  • Nine-month net income of $79,376,900 compared to a net loss of $5,548,870 in the same period of 2025, according to the filing.
  • Total assets grew to $146,289,712 as of September 30, 2026, up from $51,764,256 as of December 31, 2025.
  • Digital assets on the balance sheet rose to $108,784,402 as of September 30, 2026, compared to $16,345,347 at year-end 2025.
  • Nine-month unrealized gain on digital assets of $57,740,204 and realized gain of $35,907,834 were reported as operating income items.
  • Revenue for the nine months ended September 30, 2026 was $1,412,379, up from $317,226 in the same period a year earlier.
  • Common shares outstanding were 15,442,482 as of September 30, 2026, up from 8,680,005 shares outstanding as of December 31, 2025.
  • Accumulated deficit narrowed to $161,247,527 from $240,624,427 at December 31, 2025, reflecting the nine-month net income.

Hyperion DeFi Reports Sharply Higher Assets and Income Driven by Digital Asset Gains

According to the filing, Hyperion DeFi, Inc. (NASDAQ:HYPD) reported net income of $39,585,387 for the three months ended September 30, 2026, compared to net income of $6,625,582 in the prior-year quarter. For the nine months ended September 30, 2026, net income reached $79,376,900, reversing a net loss of $5,548,870 in the nine months ended September 30, 2025. The company disclosed that the primary drivers of operating income were unrealized and realized gains on digital assets, which totaled $57,740,204 and $35,907,834, respectively, over the nine-month period.

The condensed balance sheet shows total assets of $146,289,712 as of September 30, 2026, a significant increase from $51,764,256 at December 31, 2025. The filing attributes much of this growth to digital assets, which increased from $16,345,347 to $108,784,402 over the same period. Stablecoins also rose from $214,012 to $7,920,468. Total liabilities declined to $4,199,130 from $10,703,749, as a notes payable balance of $7,796,136 that appeared in the non-current portion at December 31, 2025 was no longer present in that category as of September 30, 2026.

The company reported selling, general and administrative expenses of $12,203,776 for the nine months ended September 30, 2026, compared to $12,645,156 in the same prior-year period. Research and development expenses declined to $347,510 from $1,721,476. Diluted earnings per common share for the nine-month period were $2.50, compared to a loss of $1.64 per share in the prior-year period. The filing states that 15,488,133 shares of common stock were outstanding as of November 9, 2026, and identifies the company as a smaller reporting company and non-accelerated filer.

What Was Disclosed

Hyperion DeFi filed its quarterly report covering the period ended September 30, 2026, disclosing nine-month net income of $79,376,900, total assets of $146,289,712, and significant unrealized and realized gains on digital assets, alongside revenue of $1,412,379.