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Hut 8 Mining Corp. HUT Non Cash Lease Expense

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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:NonCashLeaseExpense.

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 non cash lease expense?
Hut 8 Mining Corp. (HUT) reported non cash lease expense of $551K in Q1 2026.
How has Hut 8 Mining Corp.'s non cash lease expense changed year-over-year?
Hut 8 Mining Corp.'s non cash lease expense decreased by 9.8% year-over-year, from $611K to $551K.
What is the long-term trend for Hut 8 Mining Corp.'s non cash lease expense?
Over 3 years (2022 to 2025), Hut 8 Mining Corp.'s non cash lease expense has grown at a 150.0% compound annual growth rate (CAGR), from $153K to $2.39M.
What does non cash lease expense mean?
Non-cash accounting adjustments related to lease obligations.
How do you interpret non cash lease expense?
Consistent levels indicate stable lease management, while spikes may indicate new lease accounting adjustments or contract modifications.
How does non cash lease expense compare across companies?
Standard accounting adjustment found in cash flow statements for companies with significant lease portfolios.