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

9.17 0.41 +4.68%
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) Operating margin

Alert me on Operating margin

Hyperliquid Strategies Inc's operating margin over the twelve months to 31 March 2026 was −2,473.0%. Over the past ten years it has ranged from −63,707.0% (fiscal 2024) to 5,292.0% (fiscal 2026) — the current reading is the highest in ten years. That is below the Capital Markets industry median of 0.00% and below the Financial sector median of 0.00%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2026 5,292.0% 6,876.41
FY2025 −1,584.4% (1,584.41)
FY2025 0.00% 63,706.99
FY2024 −63,707.0% (50,992.11)
FY2023 −12,714.9% 12,333.29
FY2023 −25,048.2% (16,568.78)
FY2022 −8,479.4% 7,924.10
FY2022 −16,403.5% (11,215.86)
FY2021 −5,187.6% 5,187.64
FY2021 −10,375.3% (10,375.27)

Quarterly newest first

Period Operating margin Change (points)
Mar 2026 7,380.6% 64,889.78
Dec 2025 −57,509.2% (57,509.20)
Sep 2025 0.00% 0.00
Jun 2025 0.00% 0.00
41 more quarters

Against its own ten years

Low −63,707.0% High 5,292.0%
Ten-year median −13.5%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
PJT PJT Partners Inc. compare 20.5%
MIAX Miami International Holdings, Inc. compare 10.9%
LAZ Lazard, Inc. compare 8.12%
ETOR eToro Group Ltd. compare 3.00%
IOND Ionic Digital Inc. compare −14.1%
CLSK Cleanspark, Inc. compare −131.6%
MARA Marathon Digital Holdings, Inc. compare −366.3%
PURR Hyperliquid Strategies Inc −2,473.0%
LCLN Lincoln International Inc. compare —
Capital Markets industry median 0.00%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on PURR