Skip to content

Gross margin at other companies

Equinix, Inc. logo
Equinix, Inc.EQIX
51.1%+1.6pp
Cipher Digital, Inc.
 logo
Cipher Digital, Inc. CIFR
60%+1.0pp
TeraWulf logo
TeraWulfWULF
64%+19.1pp
Applied Digital logo
Applied DigitalAPLD
34.4%+5.9pp
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
69.4%-4.9pp
Argan logo
ArganAGX
20.9%+3.3pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Operating margin-191.6%-226pp
Net margin-109.8%-256pp
FCF margin-108.6%-32.4pp

Returns & leverage

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

Where this comes from

Calculated from Hut 8 Mining Corp.’s reported figures.

Based on trailing twelve months.

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

Ask your AI about Hut 8 Mining Corp.'s gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Hut 8 Mining Corp.'s gross margin?
Hut 8 Mining Corp. (HUT) reported gross margin of 59.7% in Q1 2026.
How has Hut 8 Mining Corp.'s gross margin changed year-over-year?
Hut 8 Mining Corp.'s gross margin increased by 42.9% year-over-year, from 41.7% to 59.7%.
What is the long-term trend for Hut 8 Mining Corp.'s gross margin?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s gross margin has grown at a 11.3% compound annual growth rate (CAGR), from 43.7% to 54.2%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.