Hut 8 has been growing earnings at an average annual rate of 7.4%, while the Software industry saw earnings declining at 22.7% annually. Revenues have been growing at an average rate of 34.3% per year.
Key information
7.37%
Earnings growth rate
20.42%
EPS growth rate
Software Industry Growth
10.11%
Revenue growth rate
34.25%
Return on equity
-21.70%
Net Margin
-109.52%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Hut 8 makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
BIT:1HUT Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
284
-311
183
0
31 Dec 25
235
-225
121
0
30 Sep 25
178
204
74
0
30 Jun 25
139
154
82
0
31 Mar 25
132
-53
71
0
31 Dec 24
162
339
67
0
30 Sep 24
169
200
95
0
30 Jun 24
147
195
69
0
31 Mar 24
132
263
58
0
31 Dec 23
96
22
47
0
30 Sep 23
63
-69
28
0
30 Jun 23
82
-66
25
0
31 Mar 23
84
-89
30
0
31 Dec 22
90
-111
34
0
30 Sep 22
103
-32
35
0
30 Jun 22
74
-32
31
0
30 Jun 21
7
-16
21
0
Quality Earnings: 1HUT is currently unprofitable.
Growing Profit Margin: 1HUT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1HUT is unprofitable, but has reduced losses over the past 5 years at a rate of 7.4% per year.
Accelerating Growth: Unable to compare 1HUT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1HUT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (8.9%).
Return on Equity
High ROE: 1HUT has a negative Return on Equity (-21.7%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/17 13:56
End of Day Share Price
2026/05/15 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hut 8 Corp. is covered by 20 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.