What is Hut 8 Mining Corp.'s gross profit?

Hut 8 Mining Corp. (HUT) reported gross profit of $45.47M in Q1 2026.

How has Hut 8 Mining Corp.'s gross profit changed year-over-year?

Hut 8 Mining Corp.'s gross profit increased by 1340.7% year-over-year, from $3.16M to $45.47M.

What is the long-term trend for Hut 8 Mining Corp.'s gross profit?

Over 3 years (2022 to 2025), Hut 8 Mining Corp.'s gross profit has grown at a 38.5% compound annual growth rate (CAGR), from $47.95M to $127.34M.

Hut 8 Mining Corp. HUT Gross Profit

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Other financials

Income statement

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Revenue$71.0M+226%

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 / equity0×0.0×

Current ratio0.9×-0.4×

Where this comes from

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

$71.0Mtotal revenue−$25.5Mtotal cost of revenue=$45.47M

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 gross profit?: Hut 8 Mining Corp. (HUT) reported gross profit of $45.47M in Q1 2026.
How has Hut 8 Mining Corp.'s gross profit changed year-over-year?: Hut 8 Mining Corp.'s gross profit increased by 1340.7% year-over-year, from $3.16M to $45.47M.
What is the long-term trend for Hut 8 Mining Corp.'s gross profit?: Over 3 years (2022 to 2025), Hut 8 Mining Corp.'s gross profit has grown at a 38.5% compound annual growth rate (CAGR), from $47.95M to $127.34M.