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MARKETS / NASDAQ / HUT
NASDAQ · FINANCE SERVICES · LARGE CAP

Hut 8 Corp. HUT

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$235.1M
▲ 44.8% YoY
$-226.1M
▼ 168.1% YoY
In brief

What this company does

The company reports across three core operating segments, Power, Digital Infrastructure and Compute, plus a fourth segment, Other, that captures revenue from activities not core to its platform. As of December 31, 2025, its Power segment comprised 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada. As of December 31, 2025, its Digital Infrastructure segment comprised five ASIC compute data centers, five traditional cloud and colocation data centers, and one non-operational ASIC compute site. Its Compute segment includes American Bitcoin, a majority-owned subsidiary of Hut 8 launched in 2025 that operates as a publicly listed Bitcoin accumulation platform focused on industrial-scale ASIC compute. Hut 8 Corp. was incorporated in the State of Delaware on January 27, 2023, for the purposes of effecting the Business Combination.

Written from the business description in Hut 8 Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth
USD 235.1M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 235.1 · Net income -226.1
200M-80M-160M20212022202320242025
Compound annual growth
+42.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−105 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -136.9% · Net -105.5%
100%200%-50%-100%20212022202320242025
ROE
FY2025 · ROE -18.9%
20%40%-5%-10%-15%20212022202320242025

Each USD of equity lost 19 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 2.8B
EquityUSD 1.4B
CashUSD 44.9M
Current ratio1.09×

Equity funds 52% of total assets.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue $B0.20.20.10.10.1
Operating income $B−0.30.50.0−0.1−0.0
EBITDA $B·····
Income tax $B−0.10.10.0−0.00.0
Net income $B−0.20.30.0−0.1−0.0
EPS, diluted $−2.143.400.44−1.58−0.94
Dividend / sh $·····
Payout %·····
ROE %−18.945.34.5··
Shares out B0.110.100.09··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 16 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 74 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityFinance Services
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2021

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