Hut 8 Corp.

HUT Financial Capital Markets

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

48.72 2.77 +6.03%
Market cap
$5.7B
P/E
0.0×
Fwd P/E
−11.6×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Hut 8 Corp. (HUT) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Hut 8 Corp. (HUT) trades at a P/S ratio of 18.9×. Over the past ten years it has ranged from 0.0× (September 2020) to 168× (February 2021); the current reading is higher than 78% of that period. That is above the Capital Markets industry median of 2.1× and above the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 20.6× 78.60%
FY2024 11.5× 769.53%
FY2022 1.3× (82.55%)
FY2021 7.6× (82.88%)
FY2020 44.4× —
FY2019 0.0× —
FY2018 0.0× —

Quarterly newest first

Period P/S ratio Change
Sep 2026 34.6× (19.46%)
Jun 2026 43.0× 134.78%
Mar 2026 18.3× (10.96%)
Dec 2025 20.6× (0.13%)
23 more quarters

Against its own ten years

Low 0.0× High 168×
Ten-year median 7.7×
Current reading's percentile 75

P/S ratio against peers

Company P/S ratio
SNEX StoneX Group Inc. compare 0.0×
GLXY Galaxy Digital Inc. compare 0.0×
BGC BGC Group, Inc. compare 1.5×
MRX Marex Group PLC compare 2.3×
FIGR Figure Technology Solutions, Inc. compare 6.7×
MKTX MarketAxess Holdings Inc. compare 6.7×
RIOT Riot Platforms, Inc. compare 8.0×
HUT Hut 8 Corp. 18.9×
WULF TeraWulf Inc. compare 29.7×
Capital Markets industry median 2.1×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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