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Hut 8 Corp. logo

Hut 8 Corp.

HUT

NASDAQFinancial ServicesFinancial - Capital Markets

Open in GoAI

Previous close

$80.86

−$7.79 · -8.79%

Aug 21, 4:00 PM ET

Pre-market

$79.81

−$1.05 · -1.30%

Aug 24, 6:37 AM ET

HUT company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

2

Overpriced

Momentum

47

Neutral

Sentiment

59

Mixed

Risk resilience

24

High Risk

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Company profile

Company website

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.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
US
CEO
Asher Genoot
Listed since
Mar 8, 2018
Employees
248

Market position

Day range

Current $80.86

52-week range

Current $80.86

Open
$92.31
Previous close
$88.65
Volume
9.59M
2.03× average
Average volume
4.72M
Average daily volume
Market cap
9.1B USD
Beta
6.11
Market reference 1
50-day average
$103.01
-21.50% below average
200-day average
$73.0782
+10.65% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.22B USD
P/E (TTM)
-15.12×
P/B (TTM)
6.9×
P/S (TTM)
31.18×
EV / EBITDA
-31.61×
Earnings yield
-4.67%
Free cash flow yield
-16.27%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
25.26%
Operating margin
-31.10%
Net margin
-188.53%
Return on equity
-15.90%
Return on assets
-8.21%
Return on invested capital
-10.17%

Financial health

Debt / equity
0.31×
Current ratio
1.09×
Altman Z-score
1.44
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends522%-433%-1388%-2343%Gross margin, FY2021: 67.44%Gross margin, FY2022: 50.30%Gross margin, FY2023: 43.57%Gross margin, FY2024: 46.64%Gross margin, FY2025: -614.63%Operating margin, FY2021: -32.21%Operating margin, FY2022: -79.19%Operating margin, FY2023: 9.78%Operating margin, FY2024: 283.61%Operating margin, FY2025: -2104.64%Net margin, FY2021: -40.16%Net margin, FY2022: -75.64%Net margin, FY2023: 22.75%Net margin, FY2024: 204.38%Net margin, FY2025: -1499.56%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 67.44%. Gross margin FY2022 50.30%. Gross margin FY2023 43.57%. Gross margin FY2024 46.64%. Gross margin FY2025 -614.63%. Operating margin FY2021 -32.21%. Operating margin FY2022 -79.19%. Operating margin FY2023 9.78%. Operating margin FY2024 283.61%. Operating margin FY2025 -2104.64%. Net margin FY2021 -40.16%. Net margin FY2022 -75.64%. Net margin FY2023 22.75%. Net margin FY2024 204.38%. Net margin FY2025 -1499.56%.

Income trends

Revenue

15.08M USD-90.71%

Operating income

−317.4M USD−777.94M USD

Net income

−226.15M USD−558.03M USD
Income trends across reported periods538.33M USD227.16M USD−84.02M USD−395.2M USDRevenue, FY2021: 79.19M USDRevenue, FY2022: 65.48M USDRevenue, FY2023: 72.32M USDRevenue, FY2024: 162.39M USDRevenue, FY2025: 15.08M USDOperating income, FY2021: −25.51M USDOperating income, FY2022: −51.85M USDOperating income, FY2023: 7.07M USDOperating income, FY2024: 460.54M USDOperating income, FY2025: −317.4M USDNet income, FY2021: −31.8M USDNet income, FY2022: −49.53M USDNet income, FY2023: 16.45M USDNet income, FY2024: 331.88M USDNet income, FY2025: −226.15M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 79.19M USD. Revenue FY2022 65.48M USD. Revenue FY2023 72.32M USD. Revenue FY2024 162.39M USD. Revenue FY2025 15.08M USD. Operating income FY2021 −25.51M USD. Operating income FY2022 −51.85M USD. Operating income FY2023 7.07M USD. Operating income FY2024 460.54M USD. Operating income FY2025 −317.4M USD. Net income FY2021 −31.8M USD. Net income FY2022 −49.53M USD. Net income FY2023 16.45M USD. Net income FY2024 331.88M USD. Net income FY2025 −226.15M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.08M USD162.39M USD72.32M USD65.48M USD79.19M USD
Cost of goods sold107.77M USD86.66M USD40.8M USD32.54M USD25.78M USD
Gross profit−92.69M USD75.73M USD31.51M USD32.93M USD53.4M USD
Selling, general, and administrative122.81M USD72.92M USD36.99M USD20.64M USD31.33M USD
Operating expenses224.71M USD−384.81M USD24.44M USD84.78M USD73.22M USD
Interest income———696.01K USD2.85M USD
Interest expense30.07M USD29.79M USD18.77M USD5.73M USD1.36M USD
Depreciation and amortization104.51M USD47.01M USD8.29M USD14.4M USD11.99M USD
Operating income−317.4M USD460.54M USD7.07M USD−51.85M USD−25.51M USD
Net income−226.15M USD331.88M USD16.45M USD−49.53M USD−31.8M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-2.14
FY2025 · -162.94% year over year
Latest fiscal-year revenue
15.08M USD
FY2025 · -90.71% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend4.240.89-2.46-5.81FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend177.12M118.19M59.27M350.6KFY21FY22FY23FY24FY25

HUT news

defenseworld.net

BlackRock Inc. Invests $1.09 Billion in Hut 8 Corp. $HUT

BlackRock Inc. purchased a new stake in Hut 8 Corp. (NASDAQ: HUT) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased…

Read source
prnewswire.com

Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Securities of Hut 8 Corp. - HUT

NEW YORK, Aug. 21, 2026 /PRNewswire/ -- /PR Newswire/ – Pomerantz LLP announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class…

Read source
247wallst.com

Hut 8 Craters 11% Despite a $19.6B Beacon Point Backlog, TeraWulf Falls 5%, IREN Drops 3%: What's Pressuring These AI Miner Stocks?

Friday's selling in AI-pivoting Bitcoin (CRYPTO:BTC) miners tracks their 2026 gains almost perfectly, a signature of profit-taking and position unwinding rather than a reassessment of any company's contracts or…

Read source
nypost.com

Bitcoin surges above $70K as Trump backs Clarity Act, Treasury ramps up buybacks

Bitcoin jumped 4.6% to $72,475.25 – a roughly 12% gain over the past two days after the digital asset was trading near $63,000 earlier this week.

Read source
reuters.com

Bitcoin, crypto shares climb after Trump pushes Clarity Act

Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to ​pass legislation establishing clear rules for the digital asset sector, ‌following…

Read source
247wallst.com

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Baidu, Ciena, CME Group, Dollar Tree, Dominion, Fabrinet, Honeywell Aerospace, Klarna, Pershing Square, and More

Markets turned south again Wednesday as surging yields and geopolitical fears rattled investors, but Wall Street analysts spotted opportunity and danger in names like Baidu, Klarna, Honeywell Aerospace, and Dollar Tree…

Read source

Corporate actions

Corporate action history

Stock split

Effective Dec 4, 2023

1:5

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ETFs holding HUT

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
347.35M
Weight
0.02%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
250.79M
Weight
0.14%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
233.98M
Weight
0.29%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
159.62M
Weight
0.10%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
145.12M
Weight
0.32%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
124.23M
Weight
0.13%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
62.42M
Weight
0.35%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
44.93M
Weight
0.30%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%

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