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Hut 8 Mining Corp. HUT Operating Income Expenses

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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 hut:OperatingIncomeExpenses.

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 operating income expenses?
Hut 8 Mining Corp. (HUT) reported operating income expenses of $415.84M in Q1 2026.
How has Hut 8 Mining Corp.'s operating income expenses changed year-over-year?
Hut 8 Mining Corp.'s operating income expenses increased by 175.7% year-over-year, from $150.81M to $415.84M.
What is the long-term trend for Hut 8 Mining Corp.'s operating income expenses?
Over 3 years (2022 to 2025), Hut 8 Mining Corp.'s operating income expenses has grown at a 87.9% compound annual growth rate (CAGR), from $67.76M to $449.34M.
What does operating income expenses mean?
The total sum of all costs required to run the business operations.
How do you interpret operating income expenses?
An increase relative to revenue indicates margin compression, while a decrease suggests improved operational leverage.
How does operating income expenses compare across companies?
Standard metric for evaluating the total cost structure of a business relative to its peers.