# Hut 8 Corp.: overview

HUT · Nasdaq · CIK 1964789 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hut.md) · [Financials](/companies/hut/financials.md) · [Filings](/companies/hut/filings.md) · [Insiders](/companies/hut/insiders.md)

Latest reported revenue: [$74.9m](/filings/0001104659-26-090025.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001104659-26-090025).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [43.7](/filings/0001104659-25-105874.md) | [31.7 d](/filings/0001104659-26-019392.md) | [21.8](/filings/0001104659-26-055891.md) | [41.3](/filings/0001104659-26-090025.md) | [83.5](/filings/0001104659-25-105874.md) | [88.5 d](/filings/0001104659-26-019392.md) | [71.0](/filings/0001104659-26-055891.md) | [74.9](/filings/0001104659-26-090025.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(3.6%)](/filings/0001104659-25-105874.md) | [889.5% d](/filings/0001104659-26-019392.md) | [(676.8%)](/filings/0001104659-26-055891.md) | [454.9%](/filings/0001104659-26-090025.md) | [87.0%](/filings/0001104659-25-105874.md) | [(491.4%) d](/filings/0001104659-26-019392.md) | [(521.5%)](/filings/0001104659-26-055891.md) | [(275.4%)](/filings/0001104659-26-090025.md) |
| Net margin | % | [1.5%](/filings/0001104659-25-105874.md) | [480.3% d](/filings/0001104659-26-019392.md) | [(613.7%)](/filings/0001104659-26-090025.md) | [332.5%](/filings/0001104659-26-090025.md) | [60.0%](/filings/0001104659-25-105874.md) | [(316.0%) d](/filings/0001104659-26-019392.md) | [(309.6%)](/filings/0001104659-26-090025.md) | [(200.4%)](/filings/0001104659-26-090025.md) |
| Diluted EPS | $ per share | [0.01](/filings/0001104659-25-105874.md) | not reported | [(1.30)](/filings/0001104659-26-055891.md) | [1.18](/filings/0001104659-26-090025.md) | [0.43](/filings/0001104659-25-105874.md) | not reported | [(1.98)](/filings/0001104659-26-055891.md) | [(1.27)](/filings/0001104659-26-090025.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2022-06-30) | FY (2023-06-30) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [73.7](/filings/0001558370-25-001996.md) | [82.2](/filings/0001558370-25-001996.md) | [96.0](/filings/0001558370-25-001996.md) | [162](/filings/0001104659-26-019392.md) | [235](/filings/0001104659-26-019392.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(26.9%)](/filings/0001558370-25-001996.md) | [(83.6%)](/filings/0001558370-25-001996.md) | [9.8%](/filings/0001558370-25-001996.md) | [283.6%](/filings/0001104659-26-019392.md) | [(136.9%)](/filings/0001104659-26-019392.md) |
| Net margin | % | [(43.1%)](/filings/0001558370-25-001996.md) | [(79.9%)](/filings/0001558370-25-001996.md) | [22.7%](/filings/0001558370-25-001996.md) | [204.4%](/filings/0001104659-26-019392.md) | [(96.2%)](/filings/0001104659-26-019392.md) |
| Diluted EPS | $ per share | [(0.94)](/filings/0001558370-25-001996.md) | [(1.58)](/filings/0001558370-25-001996.md) | [0.44](/filings/0001558370-25-001996.md) | [3.40](/filings/0001104659-26-019392.md) | [(2.14)](/filings/0001104659-26-019392.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hut/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [COATUE MANAGEMENT LLC](/funds/1135730.md) | 2026-06-30 | $1.12bn | 9,715,476 |  | New +9,715,476 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.09bn | 9,470,255 |  | Added +844,995 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $719.4m | 6,231,538 |  | Added +1,406,966 |
| [LONE PINE CAPITAL LLC](/funds/1061165.md) | 2026-06-30 | $666.5m | 5,773,045 |  | Reduced −305,906 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $525.8m | 4,554,558 |  | Added +112,481 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $383.4m | 3,320,981 |  | Added +2,266,057 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $352.7m | 2,755,313 |  | Reduced −170,167 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $302.4m | 2,618,900 | Call | Reduced −241,000 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $299.3m | 2,592,537 |  | Added +49,538 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $234.2m | 2,029,000 | Call | Added +299,000 |

## Recent filings

[All 251 filings](/companies/hut/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-30 | 21:32 ET | [SCHEDULE 13D/A](/filings/0001104659-26-112495.md) | Ownership report, active investor, amended | 0001104659-26-112495 |
| 2026-09-28 | 07:30 ET | [8-K](/filings/0001104659-26-111154.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-111154 |
| 2026-08-04 | 06:42 ET | [8-K](/filings/0001104659-26-090041.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-090041 |
| 2026-08-04 | 06:31 ET | [10-Q](/filings/0001104659-26-090025.md) | Quarterly report, period 2026-06-30 | 0001104659-26-090025 |
| 2026-07-20 | 07:20 ET | [8-K](/filings/0001104659-26-084862.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-084862 |
| 2026-06-12 | 16:30 ET | [8-K](/filings/0001104659-26-073505.md) | 5.07 Shareholder vote results | 0001104659-26-073505 |
| 2026-06-10 | 17:49 ET | [8-K](/filings/0001104659-26-071952.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001104659-26-071952 |
| 2026-06-05 | 07:36 ET | [8-K](/filings/0001104659-26-070744.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-070744 |
| 2026-06-04 | 10:28 ET | [8-K](/filings/0001104659-26-070393.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-070393 |
| 2026-05-06 | 06:50 ET | [8-K](/filings/0001104659-26-055894.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-055894 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-019392.md), filed Feb 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/d246a7a0-2275-4469-b7e4-c2d6bd0091f9)

## About the filer

- CIK: 1964789
- Tickers: HUT
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.