Hut 8 Past Earnings Performance

Past criteria checks 2/6

Hut 8 has been growing earnings at an average annual rate of 84.4%, while the Software industry saw earnings growing at 20.1% annually. Revenues have been growing at an average rate of 45.1% per year. Hut 8's return on equity is 27.6%, and it has net margins of 107.7%.

Key information

84.4%

Earnings growth rate

72.2%

EPS growth rate

Software Industry Growth17.3%
Revenue growth rate45.1%
Return on equity27.6%
Net Margin107.7%
Next Earnings Update13 Nov 2024

Recent past performance updates

Hut 8's (NASDAQ:HUT) Earnings Are Weaker Than They Seem

Aug 21
Hut 8's (NASDAQ:HUT) Earnings Are Weaker Than They Seem

Recent updates

Hut 8: Massively Undervalued AI Play

Sep 04

Hut 8's (NASDAQ:HUT) Earnings Are Weaker Than They Seem

Aug 21
Hut 8's (NASDAQ:HUT) Earnings Are Weaker Than They Seem

Q2 Earnings: Hut 8 Needs AI To Work

Aug 13

HUT 8: A Cryptocurrency Stock With High Growth Potential

May 02

From Bull To Bear: Recent Events Drove Me To Exit My Position In HUT 8

Mar 19

We Think Hut 8 (NASDAQ:HUT) Has A Fair Chunk Of Debt

Mar 03
We Think Hut 8 (NASDAQ:HUT) Has A Fair Chunk Of Debt

Hut 8 Post-Merger Comprehensive Thesis: JCapital Research Might Be Right

Jan 29

Hut 8 Mining: Diversified Business Appeal

Jan 13

Revenue & Expenses Breakdown

How Hut 8 makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:HUT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24172185900
31 Mar 24157254800
31 Dec 239722420
30 Sep 2363-69280
30 Jun 2382-66270
31 Mar 2384-89300
31 Dec 2290-111340
30 Sep 22103-32350
30 Jun 2274-32310
30 Jun 217-16210

Quality Earnings: HUT has a high level of non-cash earnings.

Growing Profit Margin: HUT became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if HUT's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: HUT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HUT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (24.3%).


Return on Equity

High ROE: HUT's Return on Equity (27.6%) is considered high.


Return on Assets


Return on Capital Employed


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