Skip to content

Hut 8 Mining Corp. HUT Management Service — Cost Of Revenue

Discontinued — last reported Q3 '24

Other product segments

High Performance Computing Colocation And Cloud
$32.63M+142%
Digital Infrastructure
$19.11M+1,126%
Power
$3.39M-6.5%

Similar metrics at other companies

Camden Property Trust logo
CPTManagement Service — Cost of Goods Sold
$6.66M+0.3%
HP logo
HPQServices — Total cost of net revenue
$474M0.0%
Molina Healthcare logo
MOHService — Cost of revenue
$0
Host Hotels & Resorts logo
HSTManagement Service — Other Operating Income Expense Net
-$40M-264%
Huntington Ingalls Industries logo
HIIService — Cost of sales and service revenues
$950M+6.9%
Mettler-Toledo International, Inc. logo
MTDService — Cost of Product and Service Sold
$122.72M+13.5%

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
Gross margin59.7%+17.9pp
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

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-Q, filed November 13, 2024, on SEC EDGAR. View the filing →

Ask your AI about Hut 8 Mining Corp.'s management service — cost of revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Hut 8 Mining Corp.'s management service — cost of revenue?
Hut 8 Mining Corp. (HUT) reported management service — cost of revenue of $2.81M in Q3 2024.
How has Hut 8 Mining Corp.'s management service — cost of revenue changed year-over-year?
Hut 8 Mining Corp.'s management service — cost of revenue increased by 97.7% year-over-year, from $1.42M to $2.81M.
What does management service — cost of revenue mean?
The direct costs incurred to provide management and hosting services to external clients.
How do you interpret management service — cost of revenue?
A decrease relative to revenue suggests improved operational efficiency, while a significant increase may signal rising energy costs or maintenance burdens.
How does management service — cost of revenue compare across companies?
Comparable to cost of services or cost of goods sold (COGS) for infrastructure-as-a-service (IaaS) or colocation segments at peer technology firms.