What are Hut 8 Mining Corp.'s profit margins?

Hut 8 Mining Corp. (HUT) runs a 59.7% gross margin and a -191.6% operating margin, with a -109.8% net margin.

Where do Hut 8 Mining Corp.'s ratios come from?

Every ratio is computed from Hut 8 Mining Corp.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Hut 8 Mining Corp. HUT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	59.7%+5.5pp	54.2%+6.4pp	47.8%+4.3pp	43.5%+1.7pp	41.7%-4.9pp
Operating margin	-191.6%-54.6pp	-137%-358pp	221.4%-10.0pp	231.4%+197pp	34.7%-249pp
Net margin	-109.8%-13.6pp	-96.2%-212pp	115.4%+2.6pp	112.8%+153pp	-39.9%-244pp
Returns
Return on equity	-26.7%-7.8pp	-18.9%-38.0pp	19.2%+3.0pp	16.2%+22.5pp	-6.3%-51.6pp
Return on invested capital	-50.9%-26.4pp	-24.5%-43.8pp	19.4%+0.9pp	18.5%+16.0pp	2.5%-33.8pp
Efficiency
Asset turnover	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Liquidity
Current ratio	0.9×-0.2×	1.1×+0.4×	0.7×-1.1×	1.8×+0.5×	1.3×-0.4×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0.1×-0.3×
Per Share
Book value per share	$12.42-8.0%	$13.50+14.0%	$11.84+11.3%	$10.64+14.0%	$9.33-3.4%
Valuation
Market capitalization	$5.2B+4.8%	$4.96B+35.1%	$3.67B+104%	$1.8B+48.9%	$1.21B-37.1%
Price / sales	18.3×-2.8×	21.1×+0.5×	20.6×+7.6×	13×+3.9×	9.1×-2.7×
Price / book	3.8×+0.3×	3.5×+0.9×	2.5×+1.1×	1.4×+0.2×	1.3×-0.7×

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Questions, answered.

What are Hut 8 Mining Corp.'s profit margins?: Hut 8 Mining Corp. (HUT) runs a 59.7% gross margin and a -191.6% operating margin, with a -109.8% net margin.
Where do Hut 8 Mining Corp.'s ratios come from?: Every ratio is computed from Hut 8 Mining Corp.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.