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Hut 8 Mining Corp. HUT Change in Deferred Revenue

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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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Cash & equivalents$160.0M+47.6%
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:IncreaseDecreaseInContractWithCustomerLiability.

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 change in deferred revenue?
Hut 8 Mining Corp. (HUT) reported change in deferred revenue of $512K in Q1 2026.
How has Hut 8 Mining Corp.'s change in deferred revenue changed year-over-year?
Hut 8 Mining Corp.'s change in deferred revenue increased by 131.3% year-over-year, from -$1.64M to $512K.
What does change in deferred revenue mean?
The change in payments received from customers for work not yet completed.
How do you interpret change in deferred revenue?
An increase is positive as it indicates strong demand and future revenue potential, while a decrease suggests the recognition of previously deferred revenue.
How does change in deferred revenue compare across companies?
Critical for subscription-based, SaaS, or service-heavy businesses with long-term contracts.