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Hut 8 Mining Corp. HUT Operating Lease Liabilities

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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$11.17B+418%
Enterprise value$11.03B+340%
P/S35.1×+19.6×

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:OperatingLeaseLiabilityNoncurrent.

The source filing: Hut 8 Mining Corp.’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 6:45 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-055891
Line itemMarch 31, 2026December 31, 2025
Total current liabilities252,427375,583
Non-current liabilities
Miner purchase liability, less current portion360,877332,153
Operating lease liability, less current portion15,30916,279
Loans, notes payable, and other financial liabilities, less current portion204,784210,235
Deferred tax liabilities86,094129,854
Warrant liability77146
Total non-current liabilities667,141688,667

Item 1. Financial Statements

FAQ

What is Hut 8 Mining Corp.'s operating lease liabilities?
Hut 8 Mining Corp. (HUT) reported operating lease liabilities of $15.31M in Q1 2026.
How has Hut 8 Mining Corp.'s operating lease liabilities changed year-over-year?
Hut 8 Mining Corp.'s operating lease liabilities decreased by 15.8% year-over-year, from $18.18M to $15.31M.
What is the long-term trend for Hut 8 Mining Corp.'s operating lease liabilities?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s operating lease liabilities has grown at a 8.9% compound annual growth rate (CAGR), from $13.74M to $16.28M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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