Cypherpunk Q2 FY26 net income swings to $39.4 million; operating loss narrows to $4.69 million
CYPH•Expenses and treasury gains move results
R&D expense fell 98.13% to USD 197,000, on lower clinical and manufacturing spending following trial completion and a 2025 workforce cut.
G&A expense climbed 147.17% to USD 4.49 million, driven by higher stock-based compensation, payroll costs, and professional fees.
Zcash holdings rose to 323,394.38 ZEC as of Aug. 11; treasury gains reflected a USD 46 million unrealized fair-value gain in the quarter.
Cypherpunk reports profit swing in Q2 FY26
Cypherpunk posted net income of USD 39.4 million, swinging from a net loss of USD 16.6 million a year earlier.
Diluted EPS was USD 0.18, versus a diluted loss per share of USD 0.40 in the prior-year quarter.
