Hut 8 Corp.
NASDAQ•HUT
CEO: Mr. Asher Kevin Genoot
Sector: Financial Services
Industry: Financial - Capital Markets
Listing Date: 2018-03-08
Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also 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 for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.
Contact Information
Market Cap
$5.56B
P/E (TTM)
-16.4
41.5
Dividend Yield
--
52W High
$66.07
52W Low
$10.04
52W Range
Rank61Top 91.5%
2.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$88.49M+0.00%
4-Quarter Trend
EPS
-$2.64+0.00%
4-Quarter Trend
FCF
$340.08M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Compute Revenue Surge Compute revenue reached $202.3M in 2025, up $121.6M driven by ASIC mining operations and improved uptime.
Capacity Under Management Total managed energy capacity grew to 1,020 MW in 2025, an increase of 205 MW compared to 815 MW in 2024.
Major AI Infrastructure Deal Secured strategic 245 MW AI data center lease partnership in Louisiana targeting initial delivery and commissioning in Q2 2027.
Strong Financing Activity Raised $183.4M net proceeds from 2025 ATM program to fund growth initiatives and maintain balance sheet liquidity.
Risk Factors
Bitcoin Price Volatility Impact Digital asset losses of $220.0M in 2025 reversed 2024 gain of $509.3M, causing significant net loss fluctuation.
Liquidity Constraints Risk Substantial capital required for ongoing growth initiatives may lead to liquidity constraints and potential future equity dilution.
Early Stage Pipeline Shrink Energy capacity under diligence dropped 3,414 MW to 5,185 MW, signaling slower progression in the earliest development stages.
Regulatory Scrutiny Uncertainty Evolving laws concerning energy use and digital assets create operational uncertainty, potentially impacting large-scale infrastructure development.
Outlook
AI Scaling Development Focus Actively developing 330 MW AI data center at River Bend campus targeting initial delivery and commissioning in Q2 2027.
Power-First Strategy Execution Platform development prioritizes securing power access first to enable large-scale, energy-intensive infrastructure deployment across sites.
Platform Yield Optimization Aiming to maximize platform yield over time by transitioning suitable power assets to higher-return use cases where possible.
Capital Structure Management Strategy centers on securing lowest possible cost of capital while maintaining robust, liquid balance sheet flexibility for growth.
Peer Comparison
Revenue (TTM)
$143.47B
$15.88B
$3.63B
Gross Margin (Latest Quarter)
159.1%
99.4%
99.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| RJF | $28.21B | 13.4 | 16.9% | 5.2% |
| WULF | $6.67B | -9.5 | -361.2% | 79.2% |
| MKTX | $6.49B | 26.1 | 18.8% | 15.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
59.5%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention
Deep Research
Next earnings:May 14, 2026
EPS:-$0.28
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data