Hut 8 (HUT) FCF Margin (2022 - 2026)
Hut 8 (HUT) reported FCF Margin of 89.89% for Q1 2026, up 45864.0% on a YoY basis from N/an in Q1 2025, and down 185.82% quarter-over-quarter from 104.74% in Q4 2025.
Hut 8 (HUT) FCF Margin (2022 - 2026) Analysis & Trends
Hut 8 has reported FCF Margin for 5 years, with the latest figure at 89.89% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 45864.0% year-over-year to 89.89%; the trailing twelve-month figure through Mar 2026 stood at 100.71% (up 10492.0% YoY), and the FY2025 full-year result was 145.52%, down 2696.0% from the prior year.
- FCF Margin for Q1 2026 stood at 89.89%, down from 104.74% in the prior quarter.
- The five-year high for FCF Margin was 104.74% in Q4 2025, with the low at 548.54% in Q1 2025.
- Historically, FCF Margin has averaged 111.46% across 5 years, with a median of 60.79% in 2023.
- Annual changes were most pronounced in 2025 — FCF Margin plunged 47159 bps — and 2026, when it soared 45864 bps.
- Hut 8's FCF Margin stood at 24.86% in 2022, then slumped by 80 bps to 44.62% in 2023, then tumbled by 380 bps to 214.06% in 2024, then jumped by 149 bps to 104.74% in 2025, then slumped by 186 bps to 89.89% in 2026.
- The last three FCF Margin figures came in at 89.89% (Q1 2026), 104.74% (Q4 2025), and 291.6% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | -38.15% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | -188.27% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 111.11% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 190.16% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 214.80% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 2.52% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 16.77% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -791.16% |
| 10 | Hut 8 | 13.75 Bn | 13.90 Bn | 45.47 Mn | -89.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -89.89% |
| Dec 31, 2025 | 104.74% |
| Sep 30, 2025 | -291.60% |
| Jun 30, 2025 | -173.54% |
| Mar 31, 2025 | -548.54% |
| Dec 31, 2024 | -214.06% |
| Sep 30, 2024 | -182.11% |
| Jun 30, 2024 | -14.84% |
| Mar 31, 2024 | -76.95% |
| Dec 31, 2023 | -44.62% |
| Sep 30, 2023 | 9.21% |
| Jun 30, 2023 | -14.25% |
| Mar 31, 2023 | 0.86% |
| Sep 30, 2022 | -24.86% |