Hut 8 Corp.

Hut 8 Corp.

58.13
EUR
-4.57
(-7.29%)
-5.17EPS
12.37BMarket Cap
Nov 04Next Earn

Total Valuation

EUR

As of June 30, 2026, Hut 8 Corp. carries a market capitalization of 12.37B, placing it among publicly traded companies globally. Its enterprise value stands at 19.15B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap12.37B
Enterprise Value19.15B

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 40.17, and the price-to-book ratio stands at 9.80.

PS Ratio40.17
PB Ratio9.80
P/TBV Ratio11.54
P/FCF Ratio-15.78
P/OCF Ratio-142.80

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 68.82 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 19.15B versus a market cap of 12.37B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales68.82

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

Stock Price Statistics

EUR

These figures are as of the close on October 22, 2026.

50-Day Moving Average75.18

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

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -6.34: 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 -57.84, meaning Hut 8 Corp. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-57.84
FCF Yield-6.34

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