Hyperliquid Strategies Inc

PURR Financial Capital Markets

Revenue
+6,940.2%
EPS
+213.5%
Free cash flow
−6,672.5%

Quarter to March 2026, against a year earlier

9.02 0.26 +2.97%
Market cap
$2.4B
P/E
0.0×
Fwd P/E
−0.8×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Hyperliquid Strategies Inc (PURR) Gross margin

Alert me on Gross margin

Hyperliquid Strategies Inc's gross margin over the twelve months to 31 March 2026 was 100.0%. Over the past ten years it has ranged from −1.99% (fiscal 2019) to 100.0% (fiscal 2026) — the current reading is the highest in ten years. That is above the Capital Markets industry median of 68.2% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 100.0% 0.00
FY2025 100.0% 0.00
FY2024 100.0% 0.00
FY2023 100.0% 51.22
FY2023 48.8% (51.22)
FY2022 100.0% 26.64
FY2022 73.4% (26.64)
FY2021 100.0% 100.00
FY2021 0.00% 0.00
FY2020 0.00% (68.50)

Quarterly newest first

Period Gross margin Change (points)
Mar 2026 100.0% 0.00
Dec 2025 100.0% 0.00
Dec 2024 100.0% 0.00
Dec 2023 100.0% 0.00
34 more quarters

Against its own ten years

Low −1.99% High 100.0%
Ten-year median 67.9%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
PURR Hyperliquid Strategies Inc 100.0%
LAZ Lazard, Inc. compare 100.0%
IOND Ionic Digital Inc. compare 68.2%
CLSK Cleanspark, Inc. compare 47.0%
MIAX Miami International Holdings, Inc. compare 35.0%
PJT PJT Partners Inc. compare 33.1%
MARA Marathon Digital Holdings, Inc. compare 26.3%
ETOR eToro Group Ltd. compare 7.09%
LCLN Lincoln International Inc. compare —
Capital Markets industry median 68.2%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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