Hut 8 (NASDAQ: HUT) financial statements
The consolidated income statement, balance sheet and cash flow statement of Hut 8 for its last 4 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $2,754m in total assets and $1,422m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | $235.1m | $162.4m | $96.0m | $73.7m |
| Cost of sales | $107.8m | $86.7m | $54.2m | $25.8m |
| Gross profit | $127.3m | $75.7m | $41.9m | $47.9m |
| Operating profit | −$322.0m | $460.5m | $9.4m | −$19.8m |
| Finance costs | $30.1m | $29.8m | $24.9m | $6.9m |
| Profit before tax | −$299.8m | $451.9m | $22.0m | −$26.7m |
| Income tax | $51.8m | $113.5m | $0.2m | $5.1m |
| Net profit | −$226.1m | $331.9m | $21.9m | −$31.8m |
| Earnings per share | −$2.14 | $3.71 | $0.46 | −$0.94 |
| Diluted earnings per share | −$2.14 | $3.40 | $0.44 | −$0.94 |
| Depreciation and amortisation | $101.9m | $47.8m | $17.5m | $11.6m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total assets | $2,754m | $1,519m | $740.8m | $245.0m |
| Current assets | $408.2m | $256.8m | $61.6m | $37.1m |
| Property, plant and equipment | $643.2m | $221.7m | $118.1m | $117.3m |
| Goodwill | $210.1m | $53.1m | $57.6m | — |
| Cash | $44.9m | $85.0m | $30.5m | $21.1m |
| Total liabilities | $1,064m | $538.3m | $253.2m | $157.4m |
| Current liabilities | $375.6m | $154.0m | $112.6m | $100.2m |
| Equity | $1,422m | $976.7m | $487.6m | $87.6m |
| Equity including minorities | $1,689m | $980.6m | $487.6m | $87.6m |
| Minority interests | $267.5m | $3.9m | $0.0m | $0.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating cash flow | −$139.2m | −$68.5m | −$22.2m | −$42.9m |
| Investing cash flow | −$754.2m | −$188.5m | $87.0m | −$134.4m |
| Financing cash flow | $856.1m | $311.9m | −$40.9m | $191.6m |
Where each figure comes from
From the annual report (Form 10-K) that Hut 8 files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Hut 8 page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.