Hut 8 Corp.

Hut 8 Corp.

60.90
EUR
-2.46
(-3.88%)
-5.17EPS
Nov 04Next Earn

Important Dates

Hut 8 Corp.'s next confirmed earnings release is scheduled for November 4, 2026.

Earnings Date11/4/2026

Share Statistics

As of June 30, 2026, Hut 8 Corp. has 123.19M shares outstanding.

Shares Outstanding123.19M

Financial Position

As of June 30, 2026, Hut 8 Corp. maintains a current ratio of 19.35, meaning it holds 19.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 437.21, indicating elevated leverage, while an interest coverage ratio of -10.59 demonstrates limited ability to service its debt obligations.

Current Ratio19.35
Quick Ratio0.67
Debt / Equity437.21
Debt / EBITDA-9.70
Interest Coverage-10.59

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Hut 8 Corp. posted a negative return on equity (ROE) of -44.26, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -10.00, reflecting losses generated across the asset base. The company generates approximately 1.15M in revenue per employee across its workforce of 241.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)-44.26
Return on Assets (ROA)-10.00
Revenue Per Employee1.15M
Employee Count241.50

Taxes

EUR

Over the twelve months ended June 30, 2026, Hut 8 Corp. recorded an income tax benefit of -122.20M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -718.66M and -524.84M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-122.20M

Income Statement

EUR

Over the twelve months ended June 30, 2026, Hut 8 Corp. generated 278.30M in revenue and converted that into -524.84M in net income, yielding earnings per share of -5.17. EBITDA reached -691.73M, while operating income came in at -154.88M.

Revenue278.30M
Gross Profit173.46M
Operating Income-154.88M
Pretax Income-718.66M
Net Income-524.84M
EBITDA-691.73M
EBIT-821.82M
Earnings Per Share (EPS)-5.17

Balance Sheet

EUR

As of June 30, 2026, Hut 8 Corp. holds 204.45M in cash and equivalents against 6.71B in total debt, resulting in a net debt position of 6.48B. Total book value stands at 1.26B, with working capital of 5.88B providing operational flexibility.

Cash & Cash Equivalents204.45M
Total Debt6.71B
Net Debt6.48B
Equity (Book Value)1.26B
Book Value Per Share10.25
Working Capital5.88B

Cash Flow

EUR

Hut 8 Corp. produced -78.28M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -656.06M in capital expenditures, free cash flow totaled -734.34M - equivalent to -6.60 per share.

Operating Cash Flow-78.28M
Capital Expenditures-656.06M
Free Cash Flow-734.34M
FCF Per Share-6.60

Margins

Over the twelve months ended June 30, 2026, Hut 8 Corp. posted a gross margin of 62.33, reflecting its pricing power and cost economics. The operating margin of -55.65 and net profit margin of -188.59 provide insight into operational efficiency.

Gross Margin62.33
Operating Margin-55.65
Pretax Margin-258.23
Profit Margin-188.59
EBITDA Margin-248.55

Stock Splits

Hut 8 Corp.'s most recent stock split took place on December 4, 2023 with a 5:1 split ratio.

Last Split Date12/4/2023
Split Ratio5:1