Hut 8 Corp.
HUT Nasdaq· Finance Services
Last close · Oct 23, 2026
$61.23
KIRA · Stoqly’s AI analyst, in plain words
- Hut 8 Corp. had $235M of revenue in fiscal 2025, up 44.8% on the year before.
- Its operating margin was −137.0%, down 420.6 pts: of every 100 in sales, about −137 is left after running the business.
- Hut 8 Corp. lost $226M in fiscal 2025.
Market cap
$7.3B
P/E
—
Revenue
$235M
Net income
−$226M
Free cash flow
—
Operating margin
−137.0%
Hut 8 Corp. in 30 seconds · fiscal 2025
Are sales growing?
+44.8%
Yes. Sales grew 44.8% last year.
Does it make a profit?
−96.2%
No. It lost money last year.
How healthy are the accounts?
2 / 8
Weak. It passes 2 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Hut 8 Corp. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- Hut 8 Corp.
- CIK
- 0001964789
Hut 8 Corp. · HUT
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $73.7M | $82.2M | $162M | $235M |
| Revenue growth | — | — | 97.6% | 44.8% |
| Gross margin | 65.0% | 47.5% | 46.6% | 54.2% |
| Operating margin | −26.9% | −83.6% | 283.6% | −137.0% |
| Net income | −$31.8M | −$65.6M | $332M | −$226M |
| Net margin | −43.1% | −79.9% | 204.4% | −96.2% |
| Diluted EPS | −$0.94 | −$1.58 | $3.40 | −$2.14 |
| Cash | ||||
| Cash from operations | −$42.9M | −$29.3M | −$68.5M | −$139M |
| Share count change | — | — | 143.7% | 4.2% |
| Debt and strength | ||||
| Cash and short-term investments | $21.1M | $30.5M | $85.0M | $44.9M |
| Debt incl. finance leases | $128M | $189M | $324M | — |
| Shareholders' equity | $87.6M | $488M | $977M | $1.4B |
| Net debt / EBITDA | — | — | 0.5x | — |
| Current ratio | 0.4x | 0.5x | 1.7x | 1.1x |
| Interest coverage | −2.9x | −2.5x | 15.5x | −10.7x |
| Returns and quality | ||||
| Return on capital | −8.0% | −8.4% | 28.9% | — |
| Return on equity | −36.3% | −13.5% | 45.3% | −18.9% |
| Return on tangible equity | −36.3% | −15.9% | 36.5% | −18.8% |
| Piotroski F-score | — | — | 4 | 2 |
| Altman Z'' | −2.2 | 0.5 | 4.9 | 0.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$15.2M
6 insiders
Of sales under plans
31%
$4.7M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Hut 8 Corp. · HUT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $61.23 a share, the company is worth $7.3B.
Source: SEC EDGAR XBRL filings (CIK 0001964789). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.