Hut 8 (HUT) FCF Margin (2022 - 2026)
Hut 8's (HUT) quarterly FCF Margin came in at 12.84% in Q2 2026, up 16070.0% on a YoY basis from N/an in Q2 2025, and up 89.7% quarter-over-quarter from 124.67% in Q1 2026.
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Hut 8 (HUT) FCF Margin (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported FCF Margin for 5 consecutive years, with 12.84% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 16070.0% year-over-year to 12.84%; the trailing twelve-month figure through Jun 2026 stood at 155.59% (up 7837.0% YoY), and the FY2025 full-year result was 231.53%, down 11297.0% from the prior year.
- FCF Margin grew to 12.84% in Q2 2026 per HUT's latest filing, from 124.67% in the prior quarter.
- Across five years, FCF Margin topped out at 3.18% in Q1 2023 and bottomed at 548.54% in Q1 2025.
- Historically, FCF Margin has averaged 128.08% across 5 years, with a median of 76.95% in 2024.
- The sharpest annual moves came in 2025 and 2026: FCF Margin sank 47159 bps in 2025, then jumped 42386 bps in 2026.
- Over 5 years, FCF Margin stood at 48.77% in 2022, then gained by 8 bps to 44.62% in 2023, then sank by 380 bps to 214.06% in 2024, then surged by 42 bps to 123.77% in 2025, then jumped by 90 bps to 12.84% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 12.84%, 124.67%, and 123.77% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -4,558.91% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 351.43% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -12.84% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -86.59% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -136.41% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 46.97% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -315.53% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -13.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.84% |
| Mar 31, 2026 | -124.67% |
| Dec 31, 2025 | -123.77% |
| Sep 30, 2025 | -343.68% |
| Jun 30, 2025 | -173.54% |
| Mar 31, 2025 | -548.54% |
| Dec 31, 2024 | -214.06% |
| Sep 30, 2024 | -148.53% |
| Jun 30, 2024 | -56.54% |
| Mar 31, 2024 | -76.95% |
| Dec 31, 2023 | -44.62% |
| Sep 30, 2023 | 1.84% |
| Jun 30, 2023 | -9.69% |
| Mar 31, 2023 | 3.18% |
| Sep 30, 2022 | -48.77% |