Hut 8 Corp. (HUT) — Financial statements
Income statement, balance sheet, and cash flow for Hut 8 Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2023 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 15↓90.7% | 162↑69.1% | 96↑10.7% | 87↑9.5% | 79 | |
| Cost of Revenue | 108↑24.4% | 87↑59.9% | 54↑25.7% | 43↑67.2% | 26 | |
| Gross Profit | -93↓222.4% | 76↑80.9% | 42↓4.1% | 44↓18.3% | 53 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 123↑68.4% | 73↑48.4% | 49↑79.7% | 27↓12.7% | 31 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 123↑68.4% | 73↑48.4% | 49↑79.7% | 27↓12.7% | 31 | |
| Other Expenses | 102↑122.3% | -458↓2644.7% | -17↓119.6% | 85↑102.8% | 42 | |
| Operating Expenses | 225↑158.4% | -385↓1285.6% | 32↓71.1% | 112↑53.4% | 73 | |
| Total Costs & Expenses | 332↑211.5% | -298↓444.1% | 87↓44.2% | 155↑57.0% | 99 | |
| Operating Results | ||||||
| Operating Income | -317↓168.9% | 461↑4801.4% | 9↑113.7% | -69↓246.7% | -20 | |
| Depreciation & Amortization | 105↑122.3% | 47↑327.1% | 11↓42.3% | 19↑59.1% | 12 | |
| EBITDA | -165↓131.3% | 529↑813.1% | 58↑392.4% | -20↓153.1% | -8 | |
| EBIT | -270↓156.0% | 482↑927.2% | 47↑220.6% | -39↓96.2% | -20 | |
| Interest & Other Income | ||||||
| Net Interest Income | -30↓0.9% | -30↓19.5% | -25↓273.8% | -7↓545.2% | 1 | |
| Interest Income | 0.00 | 0.00 | 0.00↓100.0% | 0.92↓67.7% | 3 | |
| Interest Expense | 30↑0.9% | 30↑19.5% | 25↑228.4% | 8↑460.2% | 1 | |
| Non-Operating Income | -48↓125.1% | -21↑43.6% | -38↓25.8% | -30 | 0.00 | |
| Other Income / Expenses | 18↑303.6% | -9↓168.7% | 13↑568.5% | 2↑127.2% | -7 | |
| Income Before Tax | -300↓166.3% | 452↑1957.6% | 22↑132.9% | -67↓149.9% | -27 | |
| Income Tax Expense | -52↓145.7% | 113↑59614.2% | 0.19↑115.9% | -1↓123.6% | 5 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -248↓173.3% | 338↑1454.5% | 22↑133.2% | -66 | — | |
| Net Income from Discontinued Operations | 0.00↑100.0% | -7↓9248.1% | 0.08 | 0.00 | 0.00 | |
| Net Income | -226↓168.1% | 332↑1418.9% | 22↑133.3% | -66↓106.3% | -32 | |
| Bottom-Line Net Income | -226↓168.1% | 332↑1418.9% | 22↑133.3% | -66↓106.3% | -32 | |
| EPS (Basic) | -2.14↓157.7% | 3.71↑550.9% | 0.57↑108.8% | -6.47↓322.9% | -1.53 | |
| EPS (Diluted) | -2.14↓162.9% | 3.40↑507.1% | 0.56↑108.7% | -6.47↓322.9% | -1.53 | |
| Weighted Average Shares | 105↑15.3% | 91↑91.0% | 48↑27.3% | 38↑40.0% | 27 | |
| Weighted Average Diluted Shares | 105↑4.2% | 101↑102.9% | 50↑32.6% | 38↑40.0% | 27 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.