The difference between a Hypomanic Episode and a Manic Episode is that:

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The primary difference between a Hypomanic Episode and a Manic Episode is the duration and severity of symptoms. A Hypomanic Episode lasts at least four days, is not severe enough to cause marked impairment in social or occupational functioning or to necessitate hospitalization, and there are no psychotic features, which contrasts with a Manic Episode that lasts at least a week (or any duration if hospitalization is necessary), can cause significant impairment, and may include psychotic features.

The Difference Between a Hypomanic Episode and a Manic Episode