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Hut 8 Mining Corp. HUT Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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 shares (diluted)?
Hut 8 Mining Corp. (HUT) reported shares (diluted) of 111.1M in Q1 2026.
How has Hut 8 Mining Corp.'s shares (diluted) changed year-over-year?
Hut 8 Mining Corp.'s shares (diluted) increased by 8.0% year-over-year, from 102.9M to 111.1M.
What is the long-term trend for Hut 8 Mining Corp.'s shares (diluted)?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s shares (diluted) has grown at a 62.3% compound annual growth rate (CAGR), from 170.4M to 449M.
What does shares (diluted) mean?
The total number of shares that would exist if all potential conversion rights were exercised.
How do you interpret shares (diluted)?
A large gap between basic and diluted shares indicates significant potential for future dilution from employee stock plans or convertible debt.
How does shares (diluted) compare across companies?
Standard metric for all public companies; used to assess the potential impact of equity-based compensation on existing shareholders.