Hut 8 CorpHut 8 Corp
Hut 8 Corp

Hut 8 Corp

HUT
Financials·Capital Markets

Hut 8 Corp. engages in the development and operation of data centers at scale, supporting AI, high-performance computing (HPC), ASIC compute, and other energy-intensive technology applications. It operates through the following segments: Power, Digital Infrastructure, Compute, and Others. The Power segment manages the origination, development, and management of powered land and energy infrastructure. The Digital Infrastructure refers to the development, ownership, and operation of facilities designed to support next-generation, energy-intensive technology application. The Compute segment deals with operating businesses that deploy and monetize compute assets across next-generation energy-intensive technology. The Others segment offers equipment sales and repairs. The company was founded on January 27, 2023 and is headquartered in Miami, FL.

Florida; U.S.A
Market cap
No dataNo data
Revenue
$235.1MNo data
Net income
$-226.1MNo data
Free cash flow
$-356.2MNo data

Market

Listed stock
Tokenized stocks
HUTPriceNasdaq
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Financial performance

Revenue
$235.1MNo data
Operating income
$-322MNo data
Net income
$-226.1MNo data
Free cash flow
$-356.2MNo data

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2022 $73.7M, 2023 $82.2M, 2024 $162.4M, 2025 $235.1M. Operating income: 2022 $-19.8M, 2023 $-68.7M, 2024 $460.5M, 2025 $-322M. Net income: 2022 $-31.8M, 2023 $-65.6M, 2024 $331.9M, 2025 $-226.1M. Free cash flow: 2022 $-221.6M, 2023 $-44.1M, 2024 $-232.1M, 2025 $-356.2M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
44.8%No data
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2022-06-30 $-19.8M, 2023-06-30 $-68.7M, 2024-12-31 $460.5M, 2025-12-31 $-322M. Net income: 2022-06-30 $-31.8M, 2023-06-30 $-65.6M, 2024-12-31 $331.9M, 2025-12-31 $-226.1M. Free cash flow: 2022-06-30 $-221.6M, 2023-06-30 $-44.1M, 2024-12-31 $-232.1M, 2025-12-31 $-356.2M

Growth heatmap

202320242025CAGR
Revenue
+11.4%
+97.6%
+44.8%
No data
Gross profit
-18.6%
+93.9%
+68.2%
No data
Operating income
-246.7%
+770.5%
-169.9%
No data
Free cash flow
+80.1%
-426.2%
-53.4%
No data

Earnings quality

Operating cash flow
$-139.2MNo data
Net income
$-226.1MNo data
Free cash flow
$-356.2MNo data
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 62%, 2024-12-31 -21%, 2023-06-30 45%, 2022-06-30 135%. Free cash flow: 2025-12-31 157%, 2024-12-31 -70%, 2023-06-30 67%, 2022-06-30 697%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
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FCF / share
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Diluted shares
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Financial flexibility

Cash & equivalents
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Total debt
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Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
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Return on assets
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Return on invested capital
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Asset turnover
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Return on capital

No data

Valuation

Price to earnings
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Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
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EV / EBITDA
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Free cash flow yield
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