Hut 8 Corp. (HUT)
Nasdaq: HUT · Finance Services · Miami, FL · filing with the SEC since 2023
Grade5.0
◀ Past 4.2● Present 5.9▶ Future 5.2
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 |
| Report filed | Feb 25, 2026 | Mar 3, 2025 | Mar 28, 2024 | · | · | · |
| Revenue | 235,118 | 162,385 | 96,046 | 82,160 | 73,730 | · |
| Cost of revenue | 107,774 | 86,655 | 54,194 | 43,112 | 25,783 | · |
| General and administrative | 122,807 | 72,917 | 49,133 | 27,344 | 31,325 | · |
| Total operating expenses | · | · | · | 107,737 | 67,762 | · |
| Operating income | -321,994 | 460,539 | 9,396 | -68,689 | -19,815 | · |
| Interest expense | 30,073 | 29,794 | 24,933 | 27,935 | 6,919 | · |
| Share of profit of equity-method investments | 8,727 | 10,359 | 12,815 | 6,132 | 0 | · |
| Total non-operating income (expense) | 22,160 | -8,629 | 12,567 | 1,880 | -6,919 | · |
| Income before income taxes | -299,834 | 451,910 | 21,963 | -66,809 | -26,734 | · |
| Income tax expense | -51,836 | 113,457 | 190 | -1,198 | 5,069 | · |
| Income from continuing operations | -247,998 | 338,453 | 21,773 | -65,611 | -31,803 | · |
| Income from discontinued operations | · | -7,044 | 77 | · | · | · |
| Net income including non-controlling interests | -247,998 | 331,409 | 21,850 | -65,611 | -31,803 | · |
| Net income to non-controlling interests | -21,849 | -473 | · | · | · | · |
| Net income | -226,149 | 331,882 | 21,850 | -65,611 | -31,803 | · |
| Net income to common shareholders | · | · | · | -65,611 | -31,803 | · |
| Earnings per share, basic | -2.14 | 3.71 | 0.46 | -1.58 | -0.94 | · |
| Earnings per share, diluted | -2.14 | 3.40 | 0.44 | -1.58 | -0.94 | · |
| Weighted average shares, basic | 105,328,890 | 91,320,744 | 47,084,060 | 41,471,593 | 33,900,145 | · |
| Weighted average shares, diluted | 105,328,890 | 101,047,739 | 49,121,720 | 41,471,593 | 33,900,145 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding