Hut 8 (HUT) Free Cash Flow (2022 - 2026)
Hut 8's (HUT) quarterly Free Cash Flow came in at -$9.6 million in Q2 2026, up 86.57% on a YoY basis from -$5.2 million in Q2 2025, and up 89.13% quarter-over-quarter from -$88.5 million in Q1 2026.
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Hut 8 (HUT) Free Cash Flow (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Free Cash Flow for 5 consecutive years, with -$9.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 86.57% year-over-year to -$9.6 million; the trailing twelve-month figure through Jun 2026 stood at -$494.7 million (down 52.62% YoY), and the FY2025 full-year result was -$544.4 million, down 182.75% from the prior year.
- Free Cash Flow grew to -$9.6 million in Q2 2026 per HUT's latest filing, from -$88.5 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.1 million in Q3 2023 and bottomed at -$287.0 million in Q3 2025.
- Historically, Free Cash Flow has averaged -$61.6 million across 5 years, with a median of -$39.8 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow surged 106.51% in 2023, then slumped 8110.66% in 2024.
- Over 5 years, Free Cash Flow stood at -$16.3 million in 2022, then plunged by 63.4% to -$26.7 million in 2023, then slumped by 153.95% to -$67.8 million in 2024, then slumped by 61.44% to -$109.5 million in 2025, then surged by 91.21% to -$9.6 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$9.6 million, -$88.5 million, and -$109.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -2.12 Bn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 482.24 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -9.62 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -150.87 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -238.55 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | -118.43 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 107.47 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -96.02 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -10.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.62 Mn |
| Mar 31, 2026 | -88.54 Mn |
| Dec 31, 2025 | -109.53 Mn |
| Sep 30, 2025 | -287.01 Mn |
| Jun 30, 2025 | -71.67 Mn |
| Mar 31, 2025 | -119.66 Mn |
| Dec 31, 2024 | -67.84 Mn |
| Sep 30, 2024 | -64.96 Mn |
| Jun 30, 2024 | -19.91 Mn |
| Mar 31, 2024 | -39.81 Mn |
| Dec 31, 2023 | -26.72 Mn |
| Sep 30, 2023 | 1.06 Mn |
| Jun 30, 2023 | -3.51 Mn |
| Mar 31, 2023 | 497,000.00 |
| Sep 30, 2022 | -16.35 Mn |