Hut 8 Past Earnings Performance

Past criteria checks 0/6

Hut 8 has been growing earnings at an average annual rate of 68.4%, while the Software industry saw earnings growing at 21.7% annually. Revenues have been growing at an average rate of 30.6% per year.

Key information

68.36%

Earnings growth rate

64.90%

EPS growth rate

Software Industry Growth17.33%
Revenue growth rate30.64%
Return on equity-5.49%
Net Margin-40.36%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Hut 8 Corp. (NASDAQ:HUT) Analysts Are More Bearish Than They Used To Be

May 10
Hut 8 Corp. (NASDAQ:HUT) Analysts Are More Bearish Than They Used To Be

Hut 8 Q1 Earnings: A $1B Bitcoin Stash And A Capital-Light Future

May 09

Hut 8: This Fast-Growing Crypto Miner Does More Than Just Bitcoin Mining

Mar 05

Hut 8: The Data Centre Services Story Is Compelling

Jan 22
author-image

AI Expansion Fuels Future Revenue Amidst Bitcoin Volatility And Margin Squeeze Risks

Expansion in AI datacenter capacity and GPU-as-a-Service is expected to drive significant future revenue growth and fulfill emerging market needs.

Hut 8: A Third Quarter Earnings Review

Nov 13

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
31 Mar 25132-53710
31 Dec 24162339670
30 Sep 241941901170
30 Jun 24172185900
31 Mar 24132263580
31 Dec 239622490
30 Sep 2363-69280
30 Jun 2382-66250
31 Mar 2384-89300
31 Dec 2290-111340
30 Sep 22103-32350
30 Jun 2274-32310
30 Jun 217-16210

Quality Earnings: HUT is currently unprofitable.

Growing Profit Margin: HUT is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HUT is unprofitable, but has reduced losses over the past 5 years at a rate of 68.4% per year.

Accelerating Growth: Unable to compare HUT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HUT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20.5%).


Return on Equity

High ROE: HUT has a negative Return on Equity (-5.49%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/12 05:24
End of Day Share Price 2025/06/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 17 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark PalmerBenchmark Company
Nicholas GilesB. Riley Securities, Inc.
Gregory LewisBTIG