Valuation, from the filing
| Public float | $1.75B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-12-31 |
|---|---|---|
| Float per share | $15.76 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / revenue | 7.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-12-31, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
How this compares in its industry
Percentile among the Finance Services filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Revenue YoY growth | 44.8% | 68th | |
| Current ratio | 1.09x | 38th | |
| SBC / revenue | 24.6% | 62th | |
| Gross margin | 54.2% | 56th | |
| Net margin | -96.2% | 52th | |
| Operating margin | -136.9% | 50th |
Hut 8 Corp. (HUT) reported revenue of $317.95M and net income of -$599.61M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Hut 8 Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $317.95M |
| Cost of revenue | $119.78M |
| Gross profit | $198.18M |
| Operating income | -$938.90M |
| Net income | -$599.61M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | -$821.05M |
| Income tax expense | -$139.61M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | Unavailable |
| General & administrative | $229.41M |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $233.58M |
| Total assets | $9.98B |
| Current assets | $7.09B |
| Total liabilities | $8.22B |
| Current liabilities | $366.21M |
| Total equity incl. NCI | $1.75B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | $11.93M |
| Goodwill | $208.03M |
| Long-term debt | Unavailable |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | -$89.44M |
| Capital expenditures | Unavailable |
| Investing cash flow | -$1.29B |
| Financing cash flow | $8.18B |
| Net change in cash | $6.80B |
| Stock-based compensation | $148.48M |
| Common dividends paid | Unavailable |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $145.71M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | Unavailable |
| Gross margin | 62.3% |
| Operating margin | -295.3% |
| FCF margin | Unavailable |
| SBC / revenue | 46.7% |
| Current ratio | 19.35x |
| Revenue YoY growth | 129.5% |
| Net margin | -188.6% |
| R&D / revenue | Unavailable |
| CapEx / revenue | Unavailable |
| Long-term debt / equity | Unavailable |
| Effective tax rate | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HUT in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.