Hut 8 Corp.

Hut 8 Corp.

61.98
USD
+0.92
(+1.50%)
-4.58EPS
10.54BMarket Cap
Apr 01Next Earn

Total Valuation

USD

As of September 30, 2026, Hut 8 Corp. carries a market capitalization of 10.54B, placing it among publicly traded companies globally. Its enterprise value stands at 18.41B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap10.54B
Enterprise Value18.41B

Important Dates

Hut 8 Corp.'s next confirmed earnings release is scheduled for April 1, 2027.

Earnings Date4/1/2027

Share Statistics

As of September 30, 2026, Hut 8 Corp. has 122.39M shares outstanding.

Shares Outstanding122.39M

Valuation Ratios

These figures are as of September 30, 2026. The price-to-sales ratio is 32.59, and the price-to-book ratio stands at 6.75.

PS Ratio32.59
PB Ratio6.75
P/TBV Ratio7.84
P/FCF Ratio-8.33
P/OCF Ratio-159.59

Enterprise Valuation

These figures are as of September 30, 2026. The EV/Sales ratio of 60.26 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 18.41B versus a market cap of 10.54B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales60.26

Financial Position

As of September 30, 2026, Hut 8 Corp. maintains a current ratio of 9.48, meaning it holds 9.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 396.90, indicating elevated leverage, while an interest coverage ratio of -3.10 demonstrates limited ability to service its debt obligations.

Current Ratio9.48
Quick Ratio0.21
Debt / Equity396.90
Debt / EBITDA-14.40
Interest Coverage-3.10

Financial Efficiency

USD

Over the twelve months ended September 30, 2026, Hut 8 Corp. posted a negative return on equity (ROE) of -34.55, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -7.97, reflecting losses generated across the asset base. The company generates approximately 1.23M in revenue per employee across its workforce of 248.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)-34.55
Return on Assets (ROA)-7.97
Revenue Per Employee1.23M
Employee Count248.00

Taxes

USD

Over the twelve months ended September 30, 2026, Hut 8 Corp. recorded an income tax benefit of -106.96M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -649.52M and -518.65M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-106.96M

Stock Price Statistics

USD

As of the close on November 12, 2026, Hut 8 Corp.'s stock has gained approximately 48.51% over the past 52 weeks. The 50-day moving average sits at 79.35, while the 200-day moving average is 82.37.

52-Week Price Change48.51%
50-Day Moving Average79.35
200-Day Moving Average82.37

Income Statement

USD

Over the twelve months ended September 30, 2026, Hut 8 Corp. generated 305.51M in revenue and converted that into -518.65M in net income, yielding earnings per share of -4.58. EBITDA reached -531.87M, while operating income came in at -273.33M.

Revenue305.51M
Gross Profit187.84M
Operating Income-273.33M
Pretax Income-649.52M
Net Income-518.65M
EBITDA-531.87M
EBIT-693.35M
Earnings Per Share (EPS)-4.58

Balance Sheet

USD

As of September 30, 2026, Hut 8 Corp. holds 156.87M in cash and equivalents against 7.66B in total debt, resulting in a net debt position of 7.47B. Total book value stands at 1.56B, with working capital of 6.70B providing operational flexibility.

Cash & Cash Equivalents156.87M
Total Debt7.66B
Net Debt7.47B
Equity (Book Value)1.56B
Book Value Per Share12.75
Working Capital6.70B

Cash Flow

USD

Hut 8 Corp. produced -62.39M in operating cash flow over the twelve months ended September 30, 2026. After subtracting -1.16B in capital expenditures, free cash flow totaled -1.22B - equivalent to -10.58 per share.

Operating Cash Flow-62.39M
Capital Expenditures-1.16B
Free Cash Flow-1.22B
FCF Per Share-10.58

Margins

Over the twelve months ended September 30, 2026, Hut 8 Corp. posted a gross margin of 61.48, reflecting its pricing power and cost economics. The operating margin of -89.47 and net profit margin of -169.76 provide insight into operational efficiency.

Gross Margin61.48
Operating Margin-89.47
Pretax Margin-212.60
Profit Margin-169.76
EBITDA Margin-174.09

Dividends & Yields

These figures cover the twelve months ended September 30, 2026. Free cash flow yield is negative at -12.00: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -75.06, meaning Hut 8 Corp. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-75.06
FCF Yield-12.00

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

Scores

As of September 30, 2026, Hut 8 Corp. has an Altman Z-Score of 1.46, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.46