Hyperion Defi, Inc. income statement
In fiscal 2025, Hyperion Defi, Inc. reported revenue of $813,455, up 1318.8% on the year before, operating income of −$46.7m (a -5743.5% margin) and net income of −$45.3m, or −$9.40 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 2 | 14 | 0 | 0 | 1 | 1 |
| Cost of revenue | 1 | 2 | 0 | 4 | 0 | — |
| Gross profit | 1 | 12 | −0 | −4 | 1 | 1 |
| Research and development | 13 | 15 | 13 | 14 | 2 | 1 |
| Selling, general and administrative | — | — | 12 | 14 | 17 | 16 |
| General and administrative | 8 | 11 | — | — | — | — |
| Operating income | −20 | −13 | −25 | −49 | −47 | 4 |
| Interest expense | 0 | 0 | 2 | 2 | 2 | 1 |
| Income tax | — | — | — | — | −0 | — |
| Net income | −20 | −13 | −27 | −50 | −45 | 7 |
| Diluted EPS | −$0.94 | −$0.49 | −$53.15 | −$59.81 | −$9.40 | — |
| Diluted shares (average) | — | — | — | — | 5m | — |
| EBITDA | −20 | −13 | −25 | −48 | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | 3 | 0 | 0 | 0 | 0 | — | — |
| Gross profit | −0 | −3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 3 | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
| Selling, general and administrative | 4 | 3 | 2 | 8 | 3 | 5 | 4 | 4 |
| Operating income | −7 | −19 | −3 | −8 | 4 | −40 | 9 | 31 |
| Interest expense | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Net income | −8 | −20 | −3 | −9 | 7 | −40 | 9 | 31 |
| Diluted EPS | −$1.13 | −$2.19 | −$0.20 | −$0.31 | $0.05 | −$7.76 | $0.26 | $0.92 |
| EBITDA | −7 | −19 | — | — | — | — | — | — |
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