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Hut 8 Mining Corp. HUT Q2 2026 earnings

Reported August 4, 2026 · Before market open

Revenue$74.9MMiss by $4.4M
EPS-$1.27Miss by $0.72
Revenue estimate$79.4M
EPS estimate-$0.55
In the second quarter, our power-first model drove significant commercial and financial milestones across our first two AI data center campuses. To date, it has produced data center leases representing 949 MW of contracted IT capacity, approximately $26.6 billion of expected aggregate base-term value leased or backstopped by investment-grade counterparties, more than $1.75 billion of expected average annual NOI, and $7.5 billion of investment-grade construction financing.
Asher Genoot

Earnings data and commentary were extracted with AI from company filings and may contain errors. Verify important details in the filing.

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$73.4M
EPS estimate-$0.88

Financials

Q2 2026

Income statement

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Revenue$74.9M+81.4%
Gross profit$48.0M+146%
Operating income-$206.3M-210%
Net income-$150.2M-209%
EPS (diluted)$1.27+7.6%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$10.73B+190%
Enterprise value$10.59B
P/S33.8×+7.1×

Profitability

See full
Gross margin62.3%+18.9pp
Operating margin-295.3%-527pp
Net margin-188.6%-301pp

Segments

By product

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Power$1.2M-78.6%

FAQ

When did Hut 8 Mining Corp. report Q2 2026 earnings?
Hut 8 Mining Corp. (HUT) reported Q2 2026 earnings on August 4, 2026 before market open.
What were Hut 8 Mining Corp.'s Q2 2026 revenue and EPS?
Hut 8 Mining Corp. reported revenue of $74.9M and eps of $-1.27 for Q2 2026.
Did Hut 8 Mining Corp. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $79.4M by $4.4M. EPS missed the consensus estimate of $-0.55 by $0.72.
How did Hut 8 Mining Corp.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 81.4% from $41.3M a year earlier and eps declined 807.1% from $-0.14.
Where can I find Hut 8 Mining Corp.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-090041) and the 10-Q periodic report (0001104659-26-090025) directly on SEC EDGAR. The filing index links above go to sec.gov.