Company / Cost of Revenue
Hut 8 Corp. Cost of Revenue History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$107.8M
FY2025
5-year range
$25.8M / $107.8M
FY2022-FY2025
Trend
+24.4%
vs FY2024
Sector context
#27 of 38
Financials
What the data says
At $108M, Hut 8 Corp.'s cost of revenue ranks #12 of 38 in the Financials sector. Cost of Revenue has increased for 3 consecutive years, from $26M in FY2022 to $108M in FY2025.
Based on SEC 10-K filings.
$108M in FY2025 with a 3-year CAGR of +61.1%.
Increased from $34M to $108M over the past 2 years.
Financials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +61.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#12 of 38 in FinancialsTop 29% of 38This company $107.8M Sector average $1.3B
▼
-91.5% below sector average
Key checks
Key Insights
- Hut 8 Corp.'s cost of revenue has grown for 3 consecutive years.
- 3-year CAGR of +61.1%, indicating consistent growth.
- In FY2025, cost of revenue increased 24.4% year-over-year.
- Ranks #27 out of 38 companies in the Financials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.18 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $107.8M | +24.4% |
| FY2024 | $86.7M | +157.1% |
| FY2023 | $33.7M | +30.7% |
| FY2022 | $25.8M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026