Hut 8 financials
$92.86+0.16%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $74.9M | $71.0M | $88.5M | $83.5M | $41.3M | $21.8M | $31.7M | $43.7M | $35.2M | $51.7M | $2.0M |
| Gross profit | $48.0M | $45.5M | $53.5M | $51.2M | $19.5M | $3.2M | $11.4M | $26.2M | $14.6M | $23.6M | $2.3M |
| Gross margin | 64.1% | 64.0% | 60.4% | 61.3% | 47.3% | 14.5% | 35.9% | 59.9% | 41.4% | 45.6% | 116.1% |
| Operating income | -$67.8M | -$74.7M | -$32.0M | -$2.5M | -$30.1M | -$32.8M | -$26.2M | -$461.0K | -$12.4M | $266.7M | -$18.7M |
| Net income | -$150.2M | -$219.8M | -$280.2M | $50.3M | $137.3M | -$133.9M | $142.9M | $647.0K | -$71.9M | $250.9M | -$5.1M |
| Net margin | −200.4% | −309.6% | −316.6% | 60.3% | 332.5% | −613.7% | 450.8% | 1.5% | −204.1% | 484.9% | −254.4% |
| Diluted EPS | $-1.27 | $-1.98 | $-3.61 | $0.43 | $1.18 | $-1.30 | $1.15 | $0.01 | $-0.78 | $2.76 | $-0.05 |
| EBITDA | -$28.0M | -$36.3M | $7.8M | $25.3M | -$10.6M | -$17.9M | -$7.5M | $10.0M | -$3.3M | $278.2M | -$19.5M |
| Operating cash flow | -$5.6M | -$27.2M | -$57.4M | $770.0K | -$48.8M | -$33.8M | -$21.6M | -$4.2M | -$16.4M | -$26.3M | -$19.3M |
| Free cash flow | -$585.2M | -$63.8M | -$126.4M | -$38.4M | -$94.2M | -$97.2M | -$58.9M | -$113.5M | -$19.9M | -$39.8M | -$20.8M |
| Diluted shares | 118.5M | 111.1M | 77.7M | 121.8M | 119.0M | 102.9M | 123.9M | 96.4M | 90.2M | 93.7M | 92.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $233.6M | $160.0M | $44.9M | $33.5M | $216.3M | $108.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $655.0M | $765.6M | $535.1M | $153.5M | $90.0M | $24.6M |
| Total assets | $9.98B | $2.61B | $2.75B | $2.69B | $2.02B | $1.57B |
| Total liabilities | $8.22B | $919.6M | $1.06B | $1.03B | $633.0M | $584.2M |
| Shareholders' equity | $1.75B | $1.69B | $1.69B | $1.65B | $1.39B | $987.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology