Hut 8 Corp.
Hut 8 Corp.’s revenue for fiscal 2025 (year ended December 2025) was $235.1 million, up 44.8% from fiscal 2024.
- Revenue
- −14.9%
- EPS
- +122.9%
- Free cash flow
- +173.8%
- Total debt
- +2,648.3%
Quarter to September 2026, against a year earlier
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Hut 8 Corp. (HUT) Gross margin
Hut 8 Corp.'s gross margin over the twelve months to 30 September 2026 was 0.00%, down 54.2 percentage points from fiscal 2025 (54.2%). Over the past ten years it has ranged from −54.6% (fiscal 2018) to 54.2% (fiscal 2025) — the current reading is the highest in ten years. That is below the Capital Markets industry median of 68.2% and below the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 54.2% | 7.52 |
| FY2024 | 46.6% | 63.21 |
| FY2022 | −16.6% | (67.67) |
| FY2021 | 51.1% | 100.92 |
| FY2020 | −49.8% | (54.07) |
| FY2019 | 4.25% | 58.86 |
| FY2018 | −54.6% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 0.00% | (11.10) |
| Jun 2026 | 11.1% | (52.93) |
| Mar 2026 | 64.0% | (18.40) |
| Dec 2025 | 82.4% | 21.14 |
| 23 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| MKTX MarketAxess Holdings Inc. compare | 100.0% |
| MRX Marex Group PLC compare | 100.0% |
| BGC BGC Group, Inc. compare | 97.6% |
| FIGR Figure Technology Solutions, Inc. compare | 87.5% |
| WULF TeraWulf Inc. compare | 69.3% |
| SNEX StoneX Group Inc. compare | 3.03% |
| GLXY Galaxy Digital Inc. compare | 0.40% |
| RIOT Riot Platforms, Inc. compare | 0.00% |
| HUT Hut 8 Corp. | 0.00% |
| Capital Markets industry median | 68.2% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement