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Hut 8 Mining Corp. HUT Retained Earnings

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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:RetainedEarningsAccumulatedDeficit.

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 retained earnings?
Hut 8 Mining Corp. (HUT) reported retained earnings of -$214.37M in Q1 2026.
How has Hut 8 Mining Corp.'s retained earnings changed year-over-year?
Hut 8 Mining Corp.'s retained earnings decreased by 319.3% year-over-year, from $97.74M to -$214.37M.
What is the long-term trend for Hut 8 Mining Corp.'s retained earnings?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s retained earnings has grown at a -76.6% compound annual growth rate (CAGR), from -$100.25M to $5.48M.
What does retained earnings mean?
The total net profit the company has kept and reinvested since it started.
How do you interpret retained earnings?
Growth indicates consistent profitability and effective capital reinvestment, while a decline may signal losses or dividend payouts.
How does retained earnings compare across companies?
Varies widely based on the company's maturity and dividend policy.