HUT financial statements
The full income statement, balance sheet, and cash-flow statement for Hut 8 Corp. (HUT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Revenue | 235M+44.8% | 162M+69.1% | 96.0M | |
| Cost of revenue | 108M+24.4% | 86.7M+59.9% | 54.2M | |
| Selling, general & administrative | 123M+68.4% | 72.9M+48.4% | 49.1M | |
| General & administrative | 123M+68.4% | 72.9M+48.4% | 49.1M | |
| Amortization of intangibles | 3.00M+0.0% | 3.00M | — | |
| Operating income | -322M-169.9% | 461M+4801.4% | 9.40M | |
| Interest expense | 30.1M+0.9% | 29.8M+19.5% | 24.9M | |
| Other non-operating income | 22.2M+356.8% | -8.63M-168.7% | 12.6M | |
| Equity-method income | 8.73M-15.8% | 10.4M-19.2% | 12.8M | |
| Pre-tax income | -300M-166.3% | 452M+1957.6% | 22.0M | |
| Income tax | -51.8M-145.7% | 113M+59614.2% | 190K | |
| -226M-168.1% | 332M+1418.9% | 21.9M | ||
| Income from continuing operations | — | 344M | — | |
| Discontinued operations | — | -7.04M-9248.1% | 77.0K | |
| Net income to non-controlling interest | -21.8M-4519.2% | -473K | — | |
| -$2.14-162.9% | $3.40 | — | ||
| EPS (basic) | -$2.14-157.7% | $3.71 | — | |
| Weighted-avg shares (basic) | 105M+15.3% | 91.3M+94.0% | 47.1M | |
| Weighted-avg shares (diluted) | 105M+4.2% | 101M+105.7% | 49.1M | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| 408M+58.9% | 257M+316.8% | 61.6M | ||
| Cash & equivalents | 44.9M-47.2% | 85.0M+178.8% | 30.5M | |
| Accounts receivable | 31.1M+345.3% | 6.99M+109.5% | 3.34M | |
| 2.75B+81.3% | 1.52B+105.0% | 741M | ||
| Operating lease right-of-use | 18.5M-10.2% | 20.6M+41.7% | 14.5M | |
| Goodwill | 210M+295.8% | 53.1M-7.8% | 57.6M | |
| Intangible assets | 11.1M-16.1% | 13.3M-23.2% | 17.3M | |
| Total non-current assets | 2.35B+85.9% | 1.26B+85.8% | 679M | |
| 376M+144.0% | 154M+36.8% | 113M | ||
| Accounts payable | 15.8M+39.6% | 11.3M-24.5% | 15.0M | |
| Accrued liabilities | 41.5M-0.7% | 41.8M-4.5% | 43.8M | |
| Deferred revenue | 1.46M-76.5% | 6.20M+129.6% | 2.70M | |
| Short-term & current debt | — | 65.0M+1.3% | 64.1M | |
| Current lease liability | 2.89M+7.5% | 2.69M+119.3% | 1.23M | |
| Finance lease liability (current) | — | 4.78M+539.4% | 748K | |
| 1.06B+97.7% | 538M+112.6% | 253M | ||
| Long-term debt | — | 236M+91.1% | 123M | |
| Non-current lease liability | 16.3M-12.8% | 18.7M+36.0% | 13.7M | |
| Operating lease liability (total) | 19.2M-10.3% | 21.4M+42.8% | 15.0M | |
| Finance lease liability (total) | 0.00-100.0% | 23.7M+1582.0% | 1.41M | |
| Finance lease liability | — | 18.9M+2761.9% | 661K | |
| Deferred tax liabilities | 130M+16.9% | 111M+18145.3% | 609K | |
| Total non-current liabilities | 689M+79.2% | 384M+173.3% | 141M | |
| 1.42B+45.6% | 977M+100.3% | 488M | ||
| Common stock | 1.10M+10.7% | 995K+11.9% | 889K | |
| Additional paid-in capital | 1.43B+80.6% | 790M+37.0% | 576M | |
| Retained earnings | 5.48M-97.6% | 232M+331.0% | -100M | |
| Non-controlling interest | 268M+6742.6% | 3.91M | — | |
| Total equity incl. non-controlling | 1.69B+72.3% | 981M+101.1% | 488M | |
| Total liabilities & equity | 2.75B+81.3% | 1.52B+105.0% | 741M | |
| Common shares issued | 110M+10.7% | 99.5M+11.8% | 89.0M | |
| Common shares outstanding | 110M+10.7% | 99.5M+11.8% | 89.0M | |
| Shares outstanding (cover) | 111M+6.8% | 104M+16.4% | 89.2M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| -139M-103.1% | -68.5M-209.3% | -22.2M | ||
| Depreciation & amortization | 102M+113.3% | 47.8M+172.4% | 17.5M | |
| Intangible amortization | 3.00M+0.0% | 3.00M | — | |
| Share-based compensation | 57.8M+178.1% | 20.8M+53.2% | 13.6M | |
| Deferred income taxes | -54.6M-148.9% | 112M+20236.6% | -555K | |
| Change in receivables | 26.4M+3568.2% | 719K-38.5% | 1.17M | |
| -754M-300.2% | -188M-316.7% | 87.0M | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | |
| Purchases of investments | — | 6.38M | — | |
| Proceeds from sale of PP&E | 5.87M+21.0% | 4.85M+545.9% | 751K | |
| 856M+174.4% | 312M+862.5% | -40.9M | ||
| Long-term debt issued | 135M+809.2% | 14.8M | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 285K+209.2% | -261K-177.7% | 336K | |
| Net change in cash | -37.0M-167.7% | 54.7M+125.5% | 24.3M | |
| Interest paid | 13.6M+21.5% | 11.2M+86.1% | 6.00M | |
| Income taxes paid | 1.19M-57.8% | 2.82M+302.3% | 700K | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Market cap | 5.09B+139.4% | 2.13B+79.3% | 1.19B | |
| P/E | — | 6.4× | — | |
| P/S | 21.7×+65.3% | 13.1× | — | |
| P/B | 3.6×+64.4% | 2.2×-95.7% | 50.8× | |
| Earnings yield | — | 15.6% | — | |
| Source filing | 10-K | 10-K | 10-K |
About this data
Source: HUT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HUT filings on SEC EDGAR → Not investment advice.