Hut 8 (HUT) EV to FCF (2022 - 2026)
Hut 8's (HUT) quarterly EV to FCF came in at 804.36 in Q2 2026, down 3030.78% on a YoY basis from 27.45 in Q2 2025, and down 1211.74% quarter-over-quarter from 61.32 in Q1 2026.
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Hut 8 (HUT) EV to FCF (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported EV to FCF for 5 consecutive years, with 804.36 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 3030.78% year-over-year to 804.36; the trailing twelve-month figure through Jun 2026 stood at 15.65 (down 175.43% YoY), and the FY2025 full-year result was 9.67, up 3.99% from the prior year.
- EV to FCF declined to 804.36 in Q2 2026 per HUT's latest filing, from 61.32 in the prior quarter.
- Across five years, EV to FCF topped out at 803.9 in Q1 2023 and bottomed at 804.36 in Q2 2026.
- Historically, EV to FCF has averaged 9.2 across 5 years, with a median of 24.44 in 2024.
- The sharpest annual moves came in 2023 and 2026: EV to FCF surged 1935.2% in 2023, then sank 3030.78% in 2026.
- Over 5 years, EV to FCF stood at 22.17 in 2022, then decreased by 0.83% to 22.35 in 2023, then fell by 27.87% to 28.58 in 2024, then tumbled by 68.15% to 48.06 in 2025, then tumbled by 1573.62% to 804.36 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 804.36, 61.32, and 48.06 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -804.36 |
| Mar 31, 2026 | -61.32 |
| Dec 31, 2025 | -48.06 |
| Sep 30, 2025 | -13.49 |
| Jun 30, 2025 | -25.69 |
| Mar 31, 2025 | -9.43 |
| Dec 31, 2024 | -28.58 |
| Sep 30, 2024 | -16.65 |
| Jun 30, 2024 | -60.01 |
| Mar 31, 2024 | -24.44 |
| Dec 31, 2023 | -22.35 |
| Sep 30, 2023 | 406.83 |
| Jun 30, 2023 | -212.16 |
| Mar 31, 2023 | 803.90 |
| Sep 30, 2022 | -22.17 |