Cash flow Hut 8 Corp.

Stocks

HUT

US44812J1043

Blockchain & Cryptocurrency

Market Closed - Nasdaq Other stock markets 04:00:00 2026-07-17 pm EDT			5-day change	1st Jan Change
91.45 ^USD	-0.50%		-10.54%	+99.06%

Jun. 29	Hut 8 Corp.(NasdaqGS:HUT) added to Russell 2500 Growth Benchmark	CI
Jun. 29	Hut 8 Corp.(NasdaqGS:HUT) added to Russell 2000 Growth Benchmark	CI

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Published financial data: HUT 8 CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	-	5.57M	27.47M	155M	235M
Other Revenues, Total	7.32M	68.16M	93.74M	7.6M	-
Total Revenues	7.32M	73.73M	121M	162M	235M
Cost of Goods Sold, Total	2.51M	25.78M	68.6M	86.66M	108M
Gross Profit	4.81M	47.95M	52.61M	75.73M	127M
Selling General & Admin Expenses, Total	20.82M	31.32M	70.3M	67.02M	121M
Depreciation & Amortization - (IS)	670K	11.59M	21.24M	47.77M	102M
Other Operating Expenses	2.15M	30.3M	-65.25M	-509M	220M
Other Operating Expenses, Total	23.64M	73.22M	26.29M	-395M	443M
Operating Income	-18.82M	-25.27M	26.32M	470M	-316M
Interest Expense, Total	-343K	-6.92M	-23.41M	-29.79M	-30.07M
Net Interest Expenses	-343K	-6.92M	-23.41M	-29.79M	-30.07M
Income (Loss) On Equity Invest.	-	-	12.35M	10.36M	8.73M
Currency Exchange Gains (Loss)	-	-	2M	-5M	3.4M
Other Non Operating Income (Expenses)	-	-	-	6.78M	40.11M
EBT, Excl. Unusual Items	-19.17M	-32.19M	17.26M	453M	-294M
Restructuring Charges	-	-	-	-4M	-400K
Merger & Related Restructuring Charges	-	-	-4.8M	-	-
Gain (Loss) On Sale Of Assets	-	5.46M	-886K	634K	-4.59M
Asset Writedown	-	-	-63.57M	-4.47M	-
Legal Settlements	-	-	1.53M	-	-
Other Unusual Items	-	-	23.68M	7.13M	-1.1M
EBT, Incl. Unusual Items	-19.17M	-26.73M	11.57M	452M	-300M
Income Tax Expense	-3.59M	5.07M	-842K	113M	-51.84M
Earnings From Continuing Operations	-15.57M	-31.8M	12.42M	338M	-248M
Earnings Of Discontinued Operations	-	-	-	-7.04M	-
Net Income to Company	-15.57M	-31.8M	12.42M	331M	-248M
Minority Interest	-	-	-	473K	21.85M
Net Income - (IS)	-15.57M	-31.8M	12.42M	332M	-226M
Preferred Dividend and Other Adjustments	-	-	-	-	-712K
Net Income to Common Incl Extra Items	-15.57M	-31.8M	12.42M	332M	-225M
Net Income to Common Excl. Extra Items	-15.57M	-31.8M	12.42M	339M	-225M
Per Share Items
Net EPS - Basic	-0.56	-0.91	0.24	3.63	-2.14
Basic EPS - Continuing Operations	-0.56	-0.91	0.24	3.71	-2.14
Basic Weighted Average Shares Outstanding	27.96M	34.86M	51.27M	91.32M	105M
Net EPS - Diluted	-0.56	-0.91	0.22	3.33	-2.14
Diluted EPS - Continuing Operations	-0.56	-0.91	0.22	3.4	-2.14
Diluted Weighted Average Shares Outstanding	27.96M	34.86M	55.27M	101M	105M
Normalized Basic EPS	-0.43	-0.58	0.21	3.1	-1.54
Normalized Diluted EPS	-0.43	-0.58	0.2	2.8	-1.54
Supplemental Items
EBITDA	-18.15M	-13.68M	47.56M	518M	-214M
EBITA	-18.82M	-25.27M	26.32M	470M	-313M
EBIT	-18.82M	-25.27M	26.32M	470M	-316M
EBITDAR	-10.46M	-12.85M	24.3M	523M	-207M
Total Revenues (As Reported)	7.32M	73.73M	121M	162M	235M
Effective Tax Rate - (Ratio)	18.76	-18.96	-7.27	25.11	17.29
Current Domestic Taxes	-	-	848K	1.26M	3.12M
Current Foreign Taxes	-	-	-	439K	-306K
Total Current Taxes	-	-	848K	1.7M	2.81M
Deferred Domestic Taxes	-3.59M	5.07M	-1.69M	95.91M	-42.16M
Deferred Foreign Taxes	-	-	-	15.85M	-12.49M
Total Deferred Taxes	-3.59M	5.07M	-1.69M	112M	-54.65M
Normalized Net Income	-11.98M	-20.12M	10.79M	283M	-162M
Interest Capitalized	-	-	700K	-	-
Interest on Long-Term Debt	-	-	8K	32.21M	30.07M
Supplemental Operating Expense Items
General and Administrative Expenses	20.82M	31.32M	70.3M	67.02M	121M
Net Rental Expense, Total	129K	830K	519K	4.75M	6.57M
Imputed Operating Lease Interest Expense	-	679K	1.34M	4.12M	4.08M
Imputed Operating Lease Depreciation	-	151K	-510K	629K	2.49M
Stock-Based Comp., G&A Exp. (Total)	17.99M	9.18M	24.43M	20.78M	57.8M
Total Stock-Based Compensation	17.99M	9.18M	24.43M	20.78M	57.8M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	6.72M	21.07M	30.5M	85.04M	44.91M
Total Cash And Short Term Investments	6.72M	21.07M	30.5M	85.04M	44.91M
Accounts Receivable, Total	-	1.17M	3.34M	6.99M	31.12M
Other Receivables	-	5.5M	-	1.07M	-
Total Receivables	-	6.67M	3.34M	8.06M	31.12M
Prepaid Expenses	-	8.5M	8.57M	8.24M	20.55M
Restricted Cash	-	-	453K	591K	2.37M
Other Current Assets, Total	3.06M	847K	18.76M	155M	309M
Total Current Assets	9.78M	37.08M	61.62M	257M	408M
Gross Property Plant And Equipment	7.91M	132M	162M	294M	751M
Accumulated Depreciation	-497K	-11.95M	-29.23M	-51.86M	-89.67M
Net Property Plant And Equipment	7.42M	120M	133M	242M	662M
Long-term Investments	-	-	82.66M	88.39M	51.54M
Goodwill	-	-	57.6M	53.08M	210M
Other Intangibles, Total	-	-	17.28M	13.27M	11.14M
Deferred Tax Assets Long-Term	2.1M	-	-	-	-
Other Long-Term Assets, Total	23.87M	88.34M	389M	865M	1.41B
Total Assets	43.16M	245M	741M	1.52B	2.75B
Liabilities
Accounts Payable, Total	1.46M	6.27M	14.96M	11.29M	15.76M
Accrued Expenses, Total	378K	858K	21.7M	30.5M	28.76M
Current Portion of Long-Term Debt	4.09M	77.22M	64.13M	64.96M	200M
Current Portion of Leases	199K	496K	1.97M	7.47M	2.89M
Current Income Taxes Payable	-	-	-	-	115K
Unearned Revenue Current, Total	-	14.84M	2.7M	6.2M	1.46M
Other Current Liabilities	-	478K	7.1M	33.53M	127M
Total Current Liabilities	6.13M	100M	113M	154M	376M
Long-Term Debt	-	51.06M	123M	236M	210M
Long-Term Leases	307K	1.91M	14.4M	37.59M	16.28M
Deferred Tax Liability Non Current	-	2.97M	609K	111M	130M
Other Non Current Liabilities	855K	1.32M	2.32M	-	332M
Total Liabilities	7.29M	157M	253M	538M	1.06B
Preferred Stock Convertible	24.65M	98.5M	98.5M	-	-
Total Preferred Equity	24.65M	98.5M	98.5M	-	-
Common Stock, Total	-	-	889K	995K	1.1M
Additional Paid In Capital	20.31M	29.99M	576M	790M	1.43B
Retained Earnings	-9.08M	-40.89M	-100M	232M	5.48M
Comprehensive Income and Other	-	-	10.76M	-45.55M	-10.43M
Total Common Equity	11.22M	-10.9M	488M	977M	1.42B
Minority Interest	-	-	-	3.91M	268M
Total Equity	35.87M	87.6M	488M	981M	1.69B
Total Liabilities And Equity	43.16M	245M	741M	1.52B	2.75B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	27.96M	43.12M	89.24M	104M	111M
ECS Total Common Shares Outstanding	27.96M	43.12M	88.96M	99.48M	110M
Book Value / Share	0.4	-0.25	5.48	9.82	12.92
Tangible Book Value	11.22M	-10.9M	413M	910M	1.2B
Tangible Book Value Per Share	0.4	-0.25	4.64	9.15	10.91
Total Debt	4.6M	131M	204M	346M	429M
Net Debt	-2.12M	110M	173M	261M	384M
Debt Equivalent Oper. Leases	-	6.64M	6.61M	37.98M	52.53M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	3.91M	268M
Equity Method Investments, Total	-	-	82.66M	82.02M	45.16M
Account Code - Inventory Valuation	-	3	3	3	3
Land - (BS)	-	1.74M	50K	263K	46.1M
Machinery, Total	7.32M	95.23M	8.25M	8.02M	9.41M
Full Time Employees	-	-	219	222	248
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	200K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-15.57M	-31.8M	12.42M	331M	-226M
Depreciation & Amortization - CF	852K	11.99M	21.66M	49.41M	102M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	400K	-	3M
Depreciation & Amortization, Total	852K	11.99M	21.66M	49.41M	105M
Amortization of Deferred Charges, Total - (CF)	-	574K	7.3M	4.18M	508K
(Gain) Loss From Sale Of Asset	-	-	-64.37M	-634K	4.59M
Asset Writedown & Restructuring Costs	-	-	63.57M	4.47M	-
(Income) Loss On Equity Investments - (CF)	-	-	21.85M	641K	36.86M
Stock-Based Compensation (CF)	17.99M	9.18M	24.43M	20.78M	57.8M
Net Cash From Discontinued Operations	-	-	-	7.04M	-
Other Operating Activities, Total	-8.77M	6.1M	-75.67M	-471M	-66.51M
Change In Accounts Receivable	-	-155K	-1.29M	-719K	-26.37M
Change In Accounts Payable	2.49M	-538K	7.87M	-8.35M	-5.59M
Change in Unearned Revenues	-	14.84M	3.34M	3.5M	-4.74M
Change In Income Taxes	-	-	-	-1.07M	847K
Change in Other Net Operating Assets	-6.07M	-8.75M	3.21M	-7.76M	-14.98M
Cash from Operations	-9.07M	1.44M	-39.24M	-68.54M	-139M
Capital Expenditure	-58.29K	-37.27M	-1.21M	-164M	-217M
Sale of Property, Plant, and Equipment	-	-	1.34M	4.85M	5.87M
Cash Acquisitions	-	-	46.06M	3.18M	1.01M
Sale (Purchase) of Real Estate properties	-	-	-	-	-163M
Sale (Purchase) of Intangible assets	-	-	-	-286K	-1.01M
Investment in Marketable and Equity Securities, Total	-	-	-10M	-6.38M	-
Other Investing Activities, Total	-46.9M	-141M	83.1M	-26.23M	-380M
Cash from Investing	-46.96M	-179M	129M	-188M	-754M
Long-Term Debt Issued, Total	5.87M	131M	14.24M	165M	138M
Total Debt Issued	10.06M	131M	14.24M	165M	138M
Long-Term Debt Repaid, Total	-1.78M	-10.52M	-24.8M	-36.77M	-49.55M
Total Debt Repaid	-3.05M	-10.52M	-49.6M	-36.77M	-49.55M
Issuance of Common Stock	17.68M	-	32K	163M	315M
Repurchase of Common Stock	-	-	-	-40K	-
Issuance of Preferred Stock	42.86M	73.79M	-	-	-
Repurchase of Preferred Stock	-	-100K	-	-	-
Other Financing Activities, Total	-	-2.24M	-1.23M	21.37M	452M
Cash from Financing	67.55M	192M	-49.57M	312M	856M
Foreign Exchange Rate Adjustments	-	-	672K	-261K	285K
Net Change in Cash	11.52M	14.35M	41.16M	54.68M	-37.02M
Supplemental Items
Cash Interest Paid	194K	6.84M	908K	11.16M	13.56M
Cash Income Tax Paid (Refund)	-	-	1.4M	2.82M	1.19M
Levered Free Cash Flow	-	-27.99M	-7.16M	80.16M	-372M
Unlevered Free Cash Flow	-	-24.23M	6.75M	94.61M	-353M
Change In Net Working Capital	-	-7.66M	6.78M	106M	100M
Net Debt Issued / Repaid	7.01M	120M	-49.6M	128M	88.95M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	-10.96	-3.22	26.01	-9.24
Return on Total Capital	-	-12.21	-3.52	29.13	-11.46
Return On Equity %	-	-51.51	-114.13	46.1	-18.58
Return on Common Equity	-	-19.69K	159.97	46.29	-18.8
Margin Analysis
Gross Profit Margin %	65.73	65.03	43.4	46.64	54.16
SG&A Margin	284.27	42.49	58	41.27	51.59
EBITDA Margin %	-247.89	-18.55	39.23	319.03	-91.02
EBITA Margin %	-257.05	-34.27	21.71	289.61	-133.08
EBIT Margin %	-257.05	-34.27	21.71	289.61	-134.36
Income From Continuing Operations Margin %	-212.64	-43.13	10.24	208.43	-105.48
Net Income Margin %	-212.64	-43.13	10.24	204.38	-96.19
Net Avail. For Common Margin %	-212.64	-43.13	10.24	208.72	-95.88
Normalized Net Income Margin	-163.58	-27.29	8.9	174.5	-68.79
Levered Free Cash Flow Margin	-	-37.96	-9.31	49.37	-158.04
Unlevered Free Cash Flow Margin	-	-32.87	8.77	58.26	-150.26
Asset Turnover
Asset Turnover	-	0.51	0.35	0.14	0.11
Fixed Assets Turnover	-	1.16	0.81	0.87	0.52
Receivables Turnover (Average Receivables)	-	-	30.67	29.98	12.34
Short Term Liquidity
Current Ratio	1.6	0.37	0.55	1.67	1.09
Quick Ratio	1.1	0.28	0.3	0.6	0.2
Operating Cash Flow to Current Liabilities	-1.48	0.01	-0.35	-0.45	-0.37
Days Sales Outstanding (Average Receivables)	-	-	11.9	12.21	29.58
Average Days Payable Outstanding	-	54.76	41.82	55.44	45.8
Long Term Solvency
Total Debt/Equity	12.82	149.17	41.8	35.25	25.41
Total Debt / Total Capital	11.36	59.87	29.48	26.06	20.26
LT Debt/Equity	0.86	60.46	28.24	27.86	13.41
Long-Term Debt / Total Capital	0.76	24.27	19.92	20.6	10.69
Total Liabilities / Total Assets	16.9	64.25	34.18	35.44	38.65
EBIT / Interest Expense	-54.91	-3.65	1.12	15.78	-10.5
EBITDA / Interest Expense	-52.95	-1.86	2.03	17.55	-6.9
(EBITDA - Capex) / Interest Expense	-53.12	-7.24	1.98	12.06	-14.11
Total Debt / EBITDA	-0.25	-10.17	4.29	0.66	-2.07
Net Debt / EBITDA	0.12	-8.53	3.64	0.5	-1.85
Total Debt / (EBITDA - Capex)	-0.25	-2.61	4.4	0.96	-1.01
Net Debt / (EBITDA - Capex)	0.12	-2.19	3.74	0.73	-0.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	906.77	4.32	69.07	44.79
Gross Profit, 1 Yr. Growth %	-	896.05	-29.5	80.95	68.16
EBITDA, 1 Yr. Growth %	-	-24.65	-155.24	2.07K	-141.31
EBITA, 1 Yr. Growth %	-	34.24	-57.17	7.27K	-166.11
EBIT, 1 Yr. Growth %	-	34.24	-55.59	7.27K	-167.17
Earnings From Cont. Operations, 1 Yr. Growth %	-	104.22	106.3	1.45K	-173.27
Net Income, 1 Yr. Growth %	-	104.22	106.3	1.42K	-168.14
Normalized Net Income, 1 Yr. Growth %	-	67.94	2.6	-9.67K	-157.08
Diluted EPS Before Extra, 1 Yr. Growth %	-	63.78	66.75	665.69	-163.02
Accounts Receivable, 1 Yr. Growth %	-	-	-45.55	109.5	345.3
Net Property, Plant and Equip., 1 Yr. Growth %	-	1.51K	-40.43	82.71	173.14
Total Assets, 1 Yr. Growth %	-	467.66	-22.46	105.02	81.3
Tangible Book Value, 1 Yr. Growth %	-	-197.12	603.35	120.54	31.9
Common Equity, 1 Yr. Growth %	-	-197.12	552.57	100.29	45.59
Cash From Operations, 1 Yr. Growth %	-	-115.83	-31.64	209.27	103.15
Capital Expenditures, 1 Yr. Growth %	-	63.85K	-91.58	10.51K	32.59
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-74.41	-	-563.52
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-127.84	-	-473.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	224.07	-	56.46
Gross Profit, 2 Yr. CAGR %	-	-	164.99	-	74.43
EBITDA, 2 Yr. CAGR %	-	-	-35.49	-	185.18
EBITA, 2 Yr. CAGR %	-	-	-24.18	-	477.66
EBIT, 2 Yr. CAGR %	-	-	-22.79	-	499.93
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	105.26	-	237.49
Net Income, 2 Yr. CAGR %	-	-	105.26	-	221.72
Normalized Net Income, 2 Yr. CAGR %	-	-	31.26	-	951.85
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	65.26	-	119.67
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	205.44
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	209.97	-	123.39
Total Assets, 2 Yr. CAGR %	-	-	109.8	-	92.8
Tangible Book Value, 2 Yr. CAGR %	-	-	161.36	-	70.56
Common Equity, 2 Yr. CAGR %	-	-	151.75	-	70.76
Cash From Operations, 2 Yr. CAGR %	-	-	79.81	-	150.65
Capital Expenditures, 2 Yr. CAGR %	-	-	633.86	-	1.09K