Financials in USD. Standardized financial statements.
A compact view of how Hut 8 Corp. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $15.08M | $162.38M | $72.32M | $65.48M | $79.19M | $9.08M | $81.99M | $49.44M | $6.74M | $0 |
| Revenue Growth? | -90.7% | +124.6% | +10.4% | -17.3% | +772.2% | -88.9% | +65.8% | +633.6% | 0.0% | 0.0% |
| Cost of Revenue? | $107.77M | $86.66M | $40.80M | $32.54M | $25.78M | $61.81M | $79.86M | $72.92M | $788,532 | $0 |
| Gross Profit? | -$92.69M | $75.73M | $31.51M | $32.93M | $53.40M | -$21.10M | $2.13M | -$23.48M | $5.95M | $0 |
| Gross Margin? | -614.6% | +46.6% | +43.6% | +50.3% | +67.4% | -232.4% | +2.6% | -47.5% | +88.3% | 0.0% |
| Operating Expenses? | $224.71M | -$384.81M | $24.44M | $84.78M | $73.22M | $2.57M | $4.76M | $25.62M | $5.28M | $105,959 |
| Operating Income? | -$317.40M | $460.54M | $7.07M | -$51.85M | -$25.51M | -$23.34M | $5.98M | -$48.15M | $1.38M | -$104,111 |
| EBITDA? | -$165.25M | $528.71M | $43.60M | -$14.95M | -$7.82M | -$2.39M | $30.40M | -$1.13M | $2.30M | -$104,111 |
| Income Before Tax | -$299.83M | $451.91M | $16.54M | -$50.43M | -$34.41M | -$23.76M | $2.13M | -$136.77M | $673,632 | -$105,959 |
| Income Tax Expense | -$51.84M | $113.46M | $143,055 | -$904,354 | $6.53M | -$14.33M | $0 | $0 | $106,560 | $0 |
| Net Income? | -$226.15M | $331.88M | $16.45M | -$49.53M | -$31.80M | -$19.31M | $2.13M | -$136.77M | $567,072 | -$105,959 |
| EPS? | $-2.14 | $3.71 | $0.46 | $-4.97 | $-1.53 | $0.97 | $0.12 | $-8.11 | $49.88 | $-9.32 |
| Diluted EPS? | $-2.14 | $3.40 | $0.44 | $-4.97 | $-1.53 | $0.96 | $0.12 | $-8.11 | $49.88 | $-9.32 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality