Hut 8 Corp. Income Statement
HUT / Financials|4 years of annual SEC 10-K data (FY2022-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 4 fiscal years. All figures from audited SEC 10-K filings.
Hut 8 Corp. reported $235M in revenue and $226M in net loss for FY2025. Revenue has grown at a 47.2% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $235.1M | $162.4M | $59.9M | $73.7M |
| Cost of Revenue | $107.8M | $86.7M | $33.7M | $25.8M |
| SG&A Expense | $122.8M | $72.9M | $37.5M | $31.3M |
| Operating Income | -$322.0M | $460.5M | $10.2M | -$19.8M |
| Income Tax | -$51.8M | $113.5M | -$421.0K | $5.1M |
| Net Income | -$226.1M | $331.9M | $6.2M | -$31.8M |
| EPS (Basic) | $0.12 | -$0.94 | $0.12 | -$0.94 |
| EPS (Diluted) | $0.11 | -$0.94 | $0.11 | -$0.94 |
| Shares Outstanding | 99.5M | 89.0M | 55.3M | 33.9M |
| Operating Margin | -136.9% | 283.6% | 17.1% | -26.9% |
| Profit Margin | -96.2% | 204.4% | 10.4% | -43.1% |