We give a complete description of the cone of Betti diagrams over a standard graded hypersurface ring of the form $k [x, y]/\langle q \rangle$, where $q$ is a homogeneous quadric. We also provide a finite algorithm for decomposing Betti diagrams, including diagrams of infinite projective dimension, into pure diagrams. Boij–Söderberg theory completely describes the cone of Betti diagrams over a standard graded polynomial ring; our result provides the first example of another graded ring for which the cone of Betti diagrams is entirely understood.