HUT - NASDAQ
Hut 8 Corp.
$131.29
-0.82%Hut 8 Corp Hut 8 Corp. is a vertically integrated operator of large-scale energy infrastructure and Bitcoin miners. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads such as Bitcoin mining, high performance computing, and artificial intelligence.
At a Glance
Live SnapshotHut 8 Corp. Profit Bridge
Profitability Analysis
Gross Margin
Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
Hut 8 Corp. Income Statement
HUT • NASDAQ
| Hut 8 Corp. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||
15.1M | 162.4M | 96M | 86.7M | 79.2M | 40.7M | 82M | 49.4M | 6.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
GROSS PROFIT | ||||||||||||||
(107.8M) | (86.7M) | (54.2M) | (43.1M) | (25.8M) | (61.8M) | (79.9M) | (72.9M) | (788.5K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-92.7M | 75.7M | 41.9M | 43.6M | 53.4M | -21.1M | 2.1M | -23.5M | 6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
OPERATING INCOME | ||||||||||||||
(224.7M) | -384.8M | (32.5M) | (112.3M) | (73.2M) | (2.6M) | (4.8M) | (25.6M) | (5.3M) | (106K) | (105.4K) | (57.1K) | (225.2K) | (168.9K) | |
(122.8M) | (72.9M) | (49.1M) | (27.3M) | (31.3M) | (2.6M) | (4.8M) | (7.8M) | (3.4M) | (106K) | (105.4K) | (57.1K) | (225.2K) | (168.9K) | |
-317.4M | 460.5M | 9.4M | -68.7M | -19.8M | -7.1M | -2.7M | -49.1M | 1.4M | -106K | -105.4K | -57.1K | -225.2K | -166.9K | |
PRE-TAX INCOME | ||||||||||||||
(30.1M) | (29.8M) | (24.9M) | (7.6M) | (1.4M) | (2.4M) | (4.8M) | (904.5K) | (0.0) | (0.0) | (0.0) | (25K) | (0.0) | (2K) | |
-30.1M | -29.8M | -24.9M | -6.7M | 1.5M | -2.4M | -4.8M | -872.1K | 0.0 | 0.0 | 0.0 | -25K | 0.0 | -2K | |
(101.9M) | -457.7M | -16.7M | (85M) | (41.9M) | (5.6K) | (0.0) | (448.3K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
17.6M | -8.6M | 12.6M | 1.9M | -6.9M | 11.1M | 4.8M | -85.6M | -704K | 0.0 | 0.0 | -25K | 0.0 | -2K | |
-299.8M | 451.9M | 22M | -66.8M | -26.7M | 4M | 2.1M | -136.8M | 673.6K | -106K | -105.4K | -82.1K | -225.2K | -168.9K | |
NET INCOME | ||||||||||||||
-51.8M | (113.5M) | (190K) | -1.2M | (5.1M) | -15M | (4.8M) | (86.1M) | (106.6K) | (0.0) | (0.0) | (25K) | (0.0) | (2K) | |
-226.1M | 331.9M | 21.9M | -65.6M | -31.8M | -19.3M | 2.1M | -136.8M | 567.1K | -106K | -105.4K | -82.1K | -225.2K | -168.9K |
SEC Filings
HUT - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 28, 2026 | April 27, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | June 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 27, 2026 | April 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 31, 2025 | December 22, 2025 | 2025 |
Related Guides
Continue your HUT research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.