Hut 8 Corp. (HUT)
Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.
- Ticker
- HUT
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Capital Markets
- Market cap
- $6.44B
- 52-week range
- $31.67 - $140.80
Valuation
- Share price
- $52.65 (close of Nov 6, 2026)
- P/E (TTM)
- -10.92x
- Price to book
- 3.34x
- Price to free cash flow
- -103.28x
- Enterprise value
- $13.95B
- Book value per share
- $15.77
Price performance
| Period | Change |
|---|---|
| 1 day | +14.58% |
| 5 days | -11.36% |
| 1 month | -42.91% |
| 3 months | -41.92% |
| 6 months | -51.67% |
| Year to date | +14.61% |
| 1 year | +21.40% |
| 3 years | +359.83% |
| 5 years | -27.48% |
| All time | +192.74% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 16.22%
- Shares short
- 18.15M
- Days to cover
- 2.46
- Change since prior report
- -4.55%
- Source
- FINRA consolidated short interest
Super investors holding HUT
Philippe Laffont (Coatue Management) · Stephen Mandel (Lone Pine Capital LLC) · Dan Loeb (Third Point LLC) · Ken Griffin (Citadel) · Stanley Druckenmiller (Duquesne Family Office)
Profitability and growth
- Return on equity
- -13.39%
- Return on assets
- -8.21%
- Net margin
- -96.19%
- Revenue growth
- 44.79%
- Net income growth
- -168.14%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- -0.97%
- Current ratio
- 9.48x
- Net debt to EBITDA
- -23.71x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Revenue
- $235.12M
- Net income
- -$226.15M
- Earnings per share
- $-2.14
- Interest expense
- $30.07M
- Shares outstanding
- 105.33M
Income statement by year
| Period end | Revenue | Net income | EPS |
|---|---|---|---|
| 2025-12-31 | $235.12M | -$226.15M | -$2.14 |
| 2024-12-31 | $162.38M | $331.88M | $3.71 |
| 2023-12-31 | $96.05M | $21.85M | $0.46 |
| 2023-06-30 | $82.16M | -$65.61M | -$1.58 |
| 2022-06-30 | $73.73M | -$31.80M | -$0.94 |
Margins and returns by year
| Period end | Net margin | Return on equity |
|---|---|---|
| 2025-12-31 | -96.19% | -13.39% |
| 2024-12-31 | 204.38% | 33.85% |
| 2023-12-31 | 22.75% | 4.48% |
| 2023-06-30 | -79.86% | -239.69% |
| 2022-06-30 | -43.13% | -36.30% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $44.91M | - |
| 2024-12-31 | $85.04M | $235.62M |
| 2023-12-31 | $30.50M | $123.32M |
| 2023-06-30 | $10.38M | $149.89M |
| 2022-06-30 | $21.07M | $51.06M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | -$139.23M | $57.80M |
| 2024-12-31 | -$68.53M | $20.78M |
| 2023-12-31 | -$22.16M | $13.56M |
| 2023-06-30 | -$29.34M | $4.61M |
| 2022-06-30 | -$42.91M | $9.18M |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-11-04 | Sep 2026 | -$1.06 |
| 2026-08-04 | Jun 2026 | -$0.50 |
| 2026-05-06 | Mar 2026 | -$0.28 |
| 2026-02-25 | Dec 2025 | -$0.12 |
| 2025-11-04 | Sep 2025 | -$0.16 |
| 2025-08-07 | Jun 2025 | -$0.15 |
| 2025-05-08 | Mar 2025 | -$0.12 |
| 2024-11-13 | Sep 2024 | -$0.24 |
Filings and sources
- Company website
- hut8.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
MarketAxess Holdings Inc (MKTX) · Houlihan Lokey, Inc. (HLI) · Lazard, Inc. (LAZ) · Stifel Financial Corp (SF) · Futu Holdings Ltd (FUTU) · LPL Financial Holdings Inc. (LPLA) · XP Inc. (XP) · Tradeweb Markets Inc. (TW)
All Financial Services companies
Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades