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Hut 8 Mining Corp. HUT Digital assets

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Other financials

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%

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$10.56B+386%
Enterprise value$10.42B+340%
P/S33.2×+17.5×

Profitability

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

The source filing: Hut 8 Mining Corp.’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 6:45 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-055891
Line itemMarch 31, 2026December 31, 2025
Deposits and prepaid expenses48,111189,332
Derivative assets16,223
Digital assets – pledged for miner purchase84,688
Digital assets receivable646812
Assets held for sale38,719
Total current assets216,574408,183
Non-current assets
Derivative assets161,699101,179

Item 1. Financial Statements

FAQ

What is Hut 8 Mining Corp.'s digital assets?
Hut 8 Mining Corp. (HUT) reported digital assets of $646K in Q1 2026.
What does digital assets mean?
This represents the total fair market value of all digital assets held by the company that are available for sale or general use. It is a critical metric for mining companies as it reflects the value of the 'inventory' produced through mining operations. Changes in this value are driven by both the volume of assets mined and the market price of the underlying cryptocurrencies.

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