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Hut 8 Mining Corp. HUT Interest Expense

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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:InterestExpenseNonoperating.

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 interest expense?
Hut 8 Mining Corp. (HUT) reported interest expense of $9.24M in Q1 2026.
How has Hut 8 Mining Corp.'s interest expense changed year-over-year?
Hut 8 Mining Corp.'s interest expense increased by 23.8% year-over-year, from $7.47M to $9.24M.
What is the long-term trend for Hut 8 Mining Corp.'s interest expense?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s interest expense has grown at a 3.8% compound annual growth rate (CAGR), from $27.94M to $30.07M.
What does interest expense mean?
The cost of borrowing money, paid to lenders or creditors.
How do you interpret interest expense?
High interest expense relative to operating income indicates high financial leverage and potential liquidity risk.
How does interest expense compare across companies?
Standard across all industries; compared based on debt-to-equity ratios and interest coverage.