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Hut 8 Mining Corp. HUT Payments For Deposits For Future Site

Payments For Deposits For Future Site at other companies

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$3.94M-85.8%
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$10.96M-71.8%
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-$673M-2,023%

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 hut:PaymentsForDepositsForFutureSite.

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 payments for deposits for future site?
Hut 8 Mining Corp. (HUT) reported payments for deposits for future site of $16.84M in Q1 2026.
How has Hut 8 Mining Corp.'s payments for deposits for future site changed year-over-year?
Hut 8 Mining Corp.'s payments for deposits for future site decreased by 58.6% year-over-year, from $40.67M to $16.84M.
What does payments for deposits for future site mean?
Cash paid as deposits to secure future operational sites.
How do you interpret payments for deposits for future site?
Increased deposits signal active expansion plans and future growth, while a decrease may indicate project completion or a pause in expansion.
How does payments for deposits for future site compare across companies?
Common in capital-intensive industries requiring long lead times for infrastructure development.