Hut 8 (HUT) Cash from Operations (2022 - 2026)
Hut 8's (HUT) quarterly Cash from Operations came in at -$5.6 million in Q2 2026, up 88.47% on a YoY basis from -$3.0 million in Q2 2025, and up 79.34% quarter-over-quarter from -$27.2 million in Q1 2026.
Analysis
Hut 8 (HUT) Cash from Operations (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Cash from Operations for 5 consecutive years, with -$5.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations rose 88.47% year-over-year to -$5.6 million; the trailing twelve-month figure through Jun 2026 stood at -$89.4 million (up 17.55% YoY), and the FY2025 full-year result was -$139.2 million, down 103.15% from the prior year.
- Cash from Operations grew to -$5.6 million in Q2 2026 per HUT's latest filing, from -$27.2 million in the prior quarter.
- Across five years, Cash from Operations topped out at $2.2 million in Q3 2023 and bottomed at -$57.4 million in Q4 2025.
- Historically, Cash from Operations has averaged -$17.8 million across 5 years, with a median of -$16.3 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Cash from Operations soared 129.9% in 2023, then slumped 1900.62% in 2024.
- Over 5 years, Cash from Operations stood at -$7.4 million in 2022, then plunged by 166.66% to -$19.6 million in 2023, then decreased by 10.29% to -$21.6 million in 2024, then slumped by 165.06% to -$57.4 million in 2025, then soared by 90.2% to -$5.6 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered -$5.6 million, -$27.2 million, and -$57.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 29.01 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 1.81 Bn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -5.62 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -90.14 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -223.77 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | -112.34 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -158.52 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -52.93 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 4.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.62 Mn |
| Mar 31, 2026 | -27.22 Mn |
| Dec 31, 2025 | -57.36 Mn |
| Sep 30, 2025 | 770,000.00 |
| Jun 30, 2025 | -48.79 Mn |
| Mar 31, 2025 | -33.85 Mn |
| Dec 31, 2024 | -21.64 Mn |
| Sep 30, 2024 | -4.20 Mn |
| Jun 30, 2024 | -16.35 Mn |
| Mar 31, 2024 | -26.34 Mn |
| Dec 31, 2023 | -19.62 Mn |
| Sep 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | -2.54 Mn |
| Mar 31, 2023 | 1.46 Mn |
| Sep 30, 2022 | -7.36 Mn |