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Hut 8 Mining Corp. HUT Restricted Cash

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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 us-gaap:RestrictedCashCurrent.

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 restricted cash?
Hut 8 Mining Corp. (HUT) reported restricted cash of $610K in Q1 2026.
How has Hut 8 Mining Corp.'s restricted cash changed year-over-year?
Hut 8 Mining Corp.'s restricted cash increased by 3.0% year-over-year, from $592K to $610K.
What is the long-term trend for Hut 8 Mining Corp.'s restricted cash?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s restricted cash has grown at a 128.9% compound annual growth rate (CAGR), from $453K to $2.37M.
What does restricted cash mean?
Cash that is set aside for specific legal or contractual obligations and cannot be spent freely.
How do you interpret restricted cash?
An increase may indicate new debt covenants or collateral requirements, while a decrease suggests the release of previously restricted funds.
How does restricted cash compare across companies?
Common in capital-intensive industries; peers often have restricted cash tied to hardware financing arrangements.