Hut 8 Corp. HUT R2KAI
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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 43.7% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -203.7% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HUT Hut 8 Corp. R2KAI | 124.83 | - | $14.06B | - | -11.34% | -27.40% | 43.73% | -203.70% |
| 2 | JPM JPMorgan Chase & Co. SPX | 299.31 | 14.33 | $802.00B | 2.00% | - | 16.47% | 12.50% | 14.83% |
| 3 | V Visa Inc. SPX | 326.36 | 28.48 | $620.65B | 0.82% | 38.38% | 60.35% | 10.92% | 10.28% |
| 4 | MA Mastercard Incorporated SPX | 493.98 | 28.57 | $436.47B | 0.70% | 61.47% | - | 13.82% | 14.66% |
| 5 | MS Morgan Stanley SPX | 208.00 | 18.84 | $328.08B | 1.92% | - | 16.39% | 9.52% | 15.20% |
| 6 | GS The Goldman Sachs Group, Inc. SPX | 1,025.56 | 18.73 | $302.55B | 1.76% | - | 14.55% | 7.16% | 15.11% |
| 7 | WFC Wells Fargo & Company SPX | 77.54 | 11.98 | $237.29B | 2.32% | - | 12.03% | 4.02% | 15.98% |
| 8 | BLK BlackRock, Inc. SPX | 1,046.88 | 26.32 | $162.51B | 2.19% | 4.89% | 11.90% | 10.65% | 2.36% |
| 9 | SCHW The Charles Schwab Corporation SPX | 87.35 | 17.37 | $151.91B | 1.47% | - | 19.08% | 4.83% | 7.21% |
Quarterly Results
Figures in USD.
| Metric | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 15.65M | 20.53M | 21.70M | 51.74M | 35.22M | - | - | 21.82M | 41.30M | 83.51M | 88.49M | 71.02M |
| Cost of Revenue | - | - | - | - | - | - | - | - | 18.66M | 21.78M | 32.33M | 35.01M | 25.55M |
| Gross Profit | - | - | - | - | - | - | - | - | 3.16M | 19.52M | 51.18M | 53.48M | 45.47M |
| Operating Expenses | - | - | - | - | - | - | - | - | 35.96M | 49.62M | 53.65M | 85.48M | 120.18M |
| Operating Income | 3.77M | -1.77M | 935.00K | -665.00K | 266.89M | -86.69M | - | - | -32.80M | -30.09M | -2.47M | -32.00M | -74.71M |
| EBITDA | - | - | - | - | - | - | - | - | -131.55M | 193.56M | 106.71M | -333.98M | -253.71M |
| Interest Expense | - | - | - | - | - | - | - | - | 7.47M | 8.40M | 8.62M | 5.59M | 9.24M |
| Pretax Income | - | - | - | - | - | - | - | - | -154.52M | 165.06M | 69.63M | -380.00M | -302.08M |
| Tax Provision | - | - | - | - | - | - | - | - | -20.20M | 27.57M | 19.02M | -78.22M | -48.94M |
| Net Income | -560.00K | 17.33M | -1.69M | -4.37M | 250.88M | -71.87M | - | - | -133.89M | 137.31M | 50.11M | -279.68M | -219.85M |
| Diluted EPS | -0.01 | 0.41 | -0.04 | -0.10 | 2.76 | -0.78 | - | - | -1.30 | 1.18 | 0.43 | -2.54 | -1.98 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jun 2022 | Jun 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 79.19M | 86.74M | - | 162.38M | 235.12M |
| Cost of Revenue | 25.78M | 43.11M | - | 86.66M | 107.77M |
| Gross Profit | 53.40M | 43.62M | - | 75.73M | 127.34M |
| Operating Expenses | 42.92M | 46.12M | - | 120.69M | 224.71M |
| Operating Income | 10.49M | -2.50M | 9.40M | -44.96M | -97.36M |
| EBITDA | -7.82M | -19.80M | - | 531.11M | -165.25M |
| Interest Expense | 6.92M | 27.93M | - | 29.79M | 30.07M |
| Pretax Income | -26.73M | -66.81M | - | 451.91M | -299.83M |
| Tax Provision | 5.07M | -1.20M | - | 113.46M | -51.84M |
| Net Income | -31.80M | -65.61M | 21.85M | 331.88M | -226.15M |
| Diluted EPS | -0.36 | -0.74 | 0.44 | 3.33 | -2.14 |
Compounded Sales Growth
| 5 Years: | 43.73% |
| 1 Year: | 225.50% |
Compounded Profit Growth
| 5 Years: | -203.70% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +717.49% |
| 6 Months: | +212.39% |
| 3 Months: | +134.51% |
| 1 Month: | +75.82% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jun 2021 | Jun 2022 | Dec 2022 | Jun 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Total Assets | - | 245.03M | - | 190.00M | 740.84M | 1.52B | 2.75B |
| Current Assets | - | 37.08M | - | 19.37M | - | 256.84M | 408.18M |
| Cash & Equivalents | - | 21.07M | - | 10.38M | 30.50M | 85.04M | 44.91M |
| Inventory | - | - | - | - | - | - | - |
| Receivables | - | 1.17M | - | 636.00K | - | 6.99M | 31.12M |
| Total Liabilities | - | 157.42M | - | 162.62M | 253.20M | 538.28M | 1.06B |
| Current Liabilities | - | 100.16M | - | 10.34M | 112.56M | 153.96M | 375.58M |
| Long Term Debt | - | 51.06M | - | 149.89M | 123.32M | 235.62M | 210.24M |
| Total Debt | - | 130.68M | - | 152.53M | - | 345.65M | 429.33M |
| Total Equity | - | 87.60M | 9.61M | 27.37M | 487.64M | 976.67M | 1.42B |
| Shares Outstanding | - | 88.55M | - | 88.55M | - | 99.48M | 110.09M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jun 2022 | Jun 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -42.91M | -29.34M | -22.16M | -68.53M | -139.23M |
| Investing Cash Flow | -134.37M | 25.25M | 86.98M | -188.47M | -754.21M |
| Financing Cash Flow | 191.63M | -6.60M | -40.91M | 311.95M | 856.13M |
| Capital Expenditure | -37.27M | -3.14M | - | -264.60M | -648.09M |
| Free Cash Flow | -80.19M | -32.48M | - | -333.13M | -787.31M |
| Net Change in Cash | 14.35M | -10.69M | - | 54.94M | -37.31M |
Ratios (Annual)
Figures in %.
| Metric | Jun 2022 | Jun 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | 67.4% | 50.3% | - | 46.6% | 54.2% |
| Operating Margin % | 13.2% | -2.9% | - | -27.7% | -41.4% |
| Net Margin % | -40.2% | -75.6% | - | 204.4% | -96.2% |
| ROE % | -36.3% | -239.7% | 4.5% | 34.0% | -15.9% |
| ROCE % | 7.2% | -1.4% | 1.5% | -3.3% | -4.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.66% | 8.63M | $1.08B |
| 2 | Lone Pine Capital Llc | 5.40% | 6.08M | $758.84M |
| 3 | Vanguard Portfolio Management LLC | 4.28% | 4.82M | $602.25M |
| 4 | Vanguard Capital Management LLC | 3.95% | 4.44M | $554.50M |
| 5 | Srs Investment Management, Llc | 2.74% | 3.08M | $385.09M |
| 6 | Shaw D.E. & Co., Inc. | 2.67% | 3.00M | $374.76M |
| 7 | Geode Capital Management, LLC | 2.60% | 2.93M | $365.19M |
| 8 | Ameriprise Financial, Inc. | 2.59% | 2.91M | $363.43M |
| 9 | Value Aligned Research Advisors, LLC | 2.56% | 2.88M | $359.83M |
| 10 | State Street Corporation | 2.26% | 2.54M | $317.44M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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