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Net Income at other companies

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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:ProfitLoss.

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 net income?
Hut 8 Mining Corp. (HUT) reported net income of -$253.14M in Q1 2026.
How has Hut 8 Mining Corp.'s net income changed year-over-year?
Hut 8 Mining Corp.'s net income decreased by 88.5% year-over-year, from -$134.32M to -$253.14M.
What is the long-term trend for Hut 8 Mining Corp.'s net income?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s net income has grown at a 94.4% compound annual growth rate (CAGR), from -$65.61M to -$248M.
What does net income mean?
The total profit or loss a company generates after all expenses are paid.
How do you interpret net income?
Higher net income indicates strong profitability and operational efficiency, while negative values signal losses.
How does net income compare across companies?
Standard across all public companies; peers in the crypto mining sector often show high volatility due to asset price fluctuations.