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Hut 8 Mining Corp. HUT All Other Segments — Cost Of Revenue

Discontinued — last reported Q4 '24

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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:CostOfRevenue.

The official record: Hut 8 Mining Corp.’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s all other segments — cost of revenue?
Hut 8 Mining Corp. (HUT) reported all other segments — cost of revenue of $0 in Q4 2024.
What does all other segments — cost of revenue mean?
The direct costs associated with producing the revenue generated by the company's secondary business segments.
How do you interpret all other segments — cost of revenue?
An increase relative to revenue suggests margin compression in secondary segments, whereas a decrease relative to revenue indicates improved operational efficiency or cost management.
How does all other segments — cost of revenue compare across companies?
Comparable to 'Cost of Services' or 'Direct Operating Expenses' for non-core segments at peer firms.