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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 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$11.43B+430%
Enterprise value$11.29B+340%
P/S36×+20.4×

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:StockholdersEquity.

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
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 112,546,250 and 110,091,358 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively1,1251,101
Additional paid-in capital1,612,7621,425,775
(Accumulated deficit) retained earnings(214,368)5,481
Accumulated other comprehensive loss(19,680)(10,432)
Total Hut 8 Corp. stockholders’ equity1,379,8391,421,925
Non-controlling interests310,337267,545
Total equity1,690,1761,689,470
Total liabilities and equity$2,609,744$2,753,720

Item 1. Financial Statements

FAQ

What is Hut 8 Mining Corp.'s total equity?
Hut 8 Mining Corp. (HUT) reported total equity of $1.38B in Q1 2026.
How has Hut 8 Mining Corp.'s total equity changed year-over-year?
Hut 8 Mining Corp.'s total equity increased by 43.7% year-over-year, from $959.99M to $1.38B.
What is the long-term trend for Hut 8 Mining Corp.'s total equity?
Over 3 years (2022 to 2025), Hut 8 Mining Corp.'s total equity has grown at a 428.9% compound annual growth rate (CAGR), from $9.61M to $1.42B.
What does total equity mean?
Net assets attributable to shareholders — total assets minus total liabilities. Represents the book value of shareholders' ownership claim.

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