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Hut 8 Mining Corp. HUT FX Effect on Cash

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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:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

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 FX effect on cash?
Hut 8 Mining Corp. (HUT) reported FX effect on cash of -$591K in Q1 2026.
How has Hut 8 Mining Corp.'s FX effect on cash changed year-over-year?
Hut 8 Mining Corp.'s FX effect on cash decreased by 522.1% year-over-year, from -$95K to -$591K.
What does FX effect on cash mean?
The change in cash value caused by currency exchange rate fluctuations.
How do you interpret FX effect on cash?
Larger values indicate significant exposure to foreign currency volatility in cash holdings.
How does FX effect on cash compare across companies?
Standard for multinational companies with global operations.