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Hut 8 Mining Corp. HUT CA — Revenue

Other geography segments

US
$65.57M+384%

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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$11.43B+430%
Enterprise value$11.29B+340%
P/S36×+20.4×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
(in USD thousands)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Revenue
United States$65,568$13,535
Canada5,4498,280
Total revenue$71,017$21,815

Item 1. Financial Statements

FAQ

What is Hut 8 Mining Corp.'s CA — revenue?
Hut 8 Mining Corp. (HUT) reported CA — revenue of $5.45M in Q1 2026.
How has Hut 8 Mining Corp.'s CA — revenue changed year-over-year?
Hut 8 Mining Corp.'s CA — revenue decreased by 34.2% year-over-year, from $8.28M to $5.45M.
What does CA — revenue mean?
This metric represents the total gross revenue generated from contracts with customers within the specified geographic segment, excluding any assessed taxes such as sales or value-added taxes. It reflects the core top-line performance of the business operations located in this region, capturing the value of services or goods delivered to third parties. This figure is critical for assessing the market-specific demand and operational scale of the company's activities in this jurisdiction.

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