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Other financials

Income statement

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Revenue$74.9M+81.4%
Gross profit$48.0M+146%
Operating income-$206.3M-210%
Net income-$150.2M-209%
EPS (diluted)$1.27+7.6%

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$10.92B+386%
Enterprise value$10.78B+340%
P/S34.3×+18.1×

Profitability

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Gross margin62.3%+18.9pp
Operating margin-295.3%-527pp
Net margin-188.6%-301pp
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:NetIncomeLoss.

The source filing: Hut 8 Mining Corp.’s 8-K, filed August 4, 2026. Open the filing →

Filed
Aug 4, 2026, 6:42 AM EDT
Accession
0001104659-26-090041

FAQ

What is Hut 8 Mining Corp.'s net income?
Hut 8 Mining Corp. (HUT) reported net income of -$177.14M in Q2 2026.
How has Hut 8 Mining Corp.'s net income changed year-over-year?
Hut 8 Mining Corp.'s net income decreased by 228.8% year-over-year, from $137.48M to -$177.14M.
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?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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