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Hut 8 Mining Corp. HUT Power — Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 power — revenue?
Hut 8 Mining Corp. (HUT) reported power — revenue of $8.15M in Q1 2026.
How has Hut 8 Mining Corp.'s power — revenue changed year-over-year?
Hut 8 Mining Corp.'s power — revenue increased by 86.0% year-over-year, from $4.38M to $8.15M.
What is the long-term trend for Hut 8 Mining Corp.'s power — revenue?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s power — revenue has grown at a 80.9% compound annual growth rate (CAGR), from $12.8M to $41.87M.
What does power — revenue mean?
The total revenue earned from energy-related customer contracts, excluding any taxes collected on behalf of government authorities.
How do you interpret power — revenue?
An increase indicates higher demand or improved pricing for energy services, while a decrease suggests weakening market share or reduced service volume.
How does power — revenue compare across companies?
Comparable to 'Net Revenue' or 'Service Revenue' reported by utility or infrastructure-focused segments in other technology or mining firms.