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) Operating margin
Hut 8 Corp.'s operating margin over the twelve months to 30 September 2026 was −227.0%, down 90.0 percentage points from fiscal 2025 (−137.0%). Over the past ten years it has ranged from −137.0% (fiscal 2025) to 283.6% (fiscal 2024) — the current reading is the lowest in ten years. That is below the Capital Markets industry median of 0.00% and below the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −137.0% | (420.56) |
| FY2024 | 283.6% | 408.82 |
| FY2022 | −125.2% | (153.24) |
| FY2021 | 28.0% | 45.56 |
| FY2020 | −17.5% | (24.59) |
| FY2019 | 7.06% | 133.46 |
| FY2018 | −126.4% | (126.40) |
| FY2017 | 0.00% | 0.00 |
| FY2016 | 0.00% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 447.7% | 723.09 |
| Jun 2026 | −275.4% | 246.16 |
| Mar 2026 | −521.5% | (30.12) |
| Dec 2025 | −491.4% | (578.40) |
| 23 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MKTX MarketAxess Holdings Inc. compare | 40.5% |
| MRX Marex Group PLC compare | 36.4% |
| FIGR Figure Technology Solutions, Inc. compare | 28.4% |
| BGC BGC Group, Inc. compare | 10.7% |
| SNEX StoneX Group Inc. compare | 1.70% |
| GLXY Galaxy Digital Inc. compare | −0.53% |
| RIOT Riot Platforms, Inc. compare | −210.5% |
| HUT Hut 8 Corp. | −227.0% |
| WULF TeraWulf Inc. compare | −250.4% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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