Hyperion DeFi reported a record GAAP net income of $39.6 million in the third quarter of 2026, up 28% from $31 million in the previous quarter. Most of the result came from gains on the HYPE tokens held by the company, while its core operations generated operating income of $555,177 for the first time. Quarterly revenue reached $810,415, up 168% year over year, and adjusted gross profit rose 143% to $2.8 million. Hyperion sold approximately $13 million worth of HYPE tokens, fully repaid $8.6 million of debt owed to Avenue Capital and launched a $20 million share repurchase program. At the end of the quarter, its treasury held about 1.848 million HYPE tokens valued at $167.9 million, and the company maintained its full-year adjusted gross profit forecast of $7 million to $8 million.
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