Hut 8 revenue and financials
$92.22Change from previous close: +3.30%Absolute change: +$2.95
In the fiscal year ended December 2025, Hut 8 reported revenue of $235.12M (+44.79% year over year). The net loss was $226.15M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +44.79%
- 2025 vs 2024
- Net margin
- -96.2%
- 2024: 204.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | FY to Jun 2023 | FY to Jun 2022 |
|---|---|---|---|---|---|
| Total revenue | 235 | 162 | 96.0 | 82.2 | 73.7 |
| Cost of revenue | 108 | 86.7 | 54.2 | 43.1 | 25.8 |
| Gross profit | 127 | 75.7 | 41.9 | 39.0 | 47.9 |
| Selling, general and administrative | 121 | 67.0 | 46.7 | 24.9 | 31.3 |
| Operating income | -316 | 470 | 8.8 | -8.4 | -25.3 |
| EBIT | -316 | 470 | 8.8 | -8.4 | -25.3 |
| EBITDA | -214 | 518 | 26.3 | 10.4 | -13.7 |
| Interest expense | 30.1 | 29.8 | 24.9 | 27.9 | 6.9 |
| Pre-tax income | -300 | 452 | 22.0 | -66.8 | -26.7 |
| Income tax | -51.8 | 113 | 0.2 | -1.2 | 5.1 |
| Net income | -226 | 332 | 21.9 | -65.6 | -31.8 |
| Net income to common shareholders | -225 | 332 | 21.9 | -65.6 | -31.8 |
| Basic EPS | -2.14 | 3.63 | 0.46 | -1.58 | -0.94 |
| Diluted EPS | -2.14 | 3.33 | 0.45 | -1.58 | -0.94 |
| Average shares (basic) | 105 | 91.3 | 47.0 | 41.5 | 33.9 |
| Average shares (diluted) | 105 | 101 | 49.1 | 41.5 | 33.9 |