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Hut 8 Mining Corp. HUT Increase Decrease In Deposit Liability

Discontinued — last reported Q4 '24

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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:IncreaseDecreaseInDepositLiability.

The official record: Hut 8 Mining Corp.’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s increase decrease in deposit liability?
Hut 8 Mining Corp. (HUT) reported increase decrease in deposit liability of -$1.73M in Q4 2024.
How has Hut 8 Mining Corp.'s increase decrease in deposit liability changed year-over-year?
Hut 8 Mining Corp.'s increase decrease in deposit liability decreased by 318.9% year-over-year, from $792K to -$1.73M.
What does increase decrease in deposit liability mean?
The net change in cash held on behalf of customers or as security deposits.
How do you interpret increase decrease in deposit liability?
An increase suggests higher customer prepayments or service commitments, while a decrease indicates the fulfillment or return of these deposits.
How does increase decrease in deposit liability compare across companies?
Common in service-based or colocation businesses where upfront deposits are standard practice.