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Hut 8 Mining Corp. HUT Cash & Equivalents

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Other financials

Income statement

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Revenue$71.0M+226%
Gross profit$45.5M+1,341%
Operating income-$370.4M-151%
Net income-$219.8M-64.2%
EPS (diluted)-$1.98-52.3%

Balance sheet

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Total debt$18.2M-65.3%
Total equity$1.4B+43.7%
Total assets$2.6B+66.0%

Cash flow

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Operating cash flow-$27.2M+19.6%
CapEx$36.6M-42.2%
Free cash flow-$63.8M+34.3%

Valuation

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Market cap$14.01B+331%
Enterprise value$13.87B+340%
P/S49.3×+24.7×

Profitability

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Gross margin59.7%+17.9pp
Operating margin-191.6%-226pp
Net margin-109.8%-256pp
FCF margin-108.6%-32.4pp

Returns & leverage

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Return on equity-26.7%-38.4pp
Debt / equity0.0×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by Hut 8 Mining Corp. in its filing.

Tagged under the XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue.

The official record: Hut 8 Mining Corp.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s cash & equivalents?
Hut 8 Mining Corp. (HUT) reported cash & equivalents of $160.02M in Q1 2026.
How has Hut 8 Mining Corp.'s cash & equivalents changed year-over-year?
Hut 8 Mining Corp.'s cash & equivalents increased by 47.6% year-over-year, from $108.38M to $160.02M.
What is the long-term trend for Hut 8 Mining Corp.'s cash & equivalents?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s cash & equivalents has grown at a 21.3% compound annual growth rate (CAGR), from $30.5M to $44.91M.
What does cash & equivalents mean?
The total amount of cash and highly liquid investments readily available for use.
How do you interpret cash & equivalents?
An increase suggests improved liquidity and financial flexibility, while a decrease may indicate heavy capital investment or cash burn.
How does cash & equivalents compare across companies?
Standard across all industries; peers in crypto mining typically maintain higher cash balances to manage volatility in mining profitability.