Hut 8 Corp.

Hut 8 Corp.

89.62
CAD
-10.93
(-10.87%)
-8.38EPS
20.18BMarket Cap
Nov 04Next Earn

Total Valuation

CAD

As of June 30, 2026, Hut 8 Corp. carries a market capitalization of 20.18B, placing it among publicly traded companies globally. Its enterprise value stands at 31.18B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap20.18B
Enterprise Value31.18B

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

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 40.41, and the price-to-book ratio stands at 9.86.

PS Ratio40.41
PB Ratio9.86
P/TBV Ratio11.60
P/FCF Ratio-15.87
P/OCF Ratio-143.65

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 69.09 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 31.18B versus a market cap of 20.18B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales69.09

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

CAD

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 1.87M 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 Employee1.87M
Employee Count241.50

Taxes

CAD

Over the twelve months ended June 30, 2026, Hut 8 Corp. recorded an income tax benefit of -198.13M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -1.17B and -850.98M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-198.13M

Stock Price Statistics

CAD

As of the close on October 22, 2026, Hut 8 Corp.'s stock has gained approximately 65.17% over the past 52 weeks. The 50-day moving average sits at 121.18, while the 200-day moving average is 114.48.

52-Week Price Change65.17%
50-Day Moving Average121.18
200-Day Moving Average114.48

Income Statement

CAD

Over the twelve months ended June 30, 2026, Hut 8 Corp. generated 451.24M in revenue and converted that into -850.98M in net income, yielding earnings per share of -8.38. EBITDA reached -1.12B, while operating income came in at -251.13M.

Revenue451.24M
Gross Profit281.25M
Operating Income-251.13M
Pretax Income-1.17B
Net Income-850.98M
EBITDA-1.12B
EBIT-1.33B
Earnings Per Share (EPS)-8.38

Balance Sheet

CAD

As of June 30, 2026, Hut 8 Corp. holds 331.50M in cash and equivalents against 10.88B in total debt, resulting in a net debt position of 10.51B. Total book value stands at 2.05B, with working capital of 9.54B providing operational flexibility.

Cash & Cash Equivalents331.50M
Total Debt10.88B
Net Debt10.51B
Equity (Book Value)2.05B
Book Value Per Share16.62
Working Capital9.54B

Cash Flow

CAD

Hut 8 Corp. produced -126.93M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -1.06B in capital expenditures, free cash flow totaled -1.19B - equivalent to -10.70 per share.

Operating Cash Flow-126.93M
Capital Expenditures-1.06B
Free Cash Flow-1.19B
FCF Per Share-10.70

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

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -6.30: 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 -57.50, meaning Hut 8 Corp. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-57.50
FCF Yield-6.30

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 June 30, 2026, Hut 8 Corp. has an Altman Z-Score of 1.78, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.78