Growth Metrics

Hut 8 (HUT) Gross Margin (2022 - 2025)

Hut 8 (HUT) has disclosed Gross Margin for 4 consecutive years, with 60.44% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 2453.0% year-over-year to 60.44%, compared with a TTM value of 54.16% through Dec 2025, up 753.0%, and an annual FY2025 reading of 54.16%, up 753.0% over the prior year.
  • Gross Margin was 60.44% for Q4 2025 at Hut 8, down from 61.29% in the prior quarter.
  • Across five years, Gross Margin topped out at 90.75% in Q3 2022 and bottomed at 14.47% in Q1 2025.
  • Average Gross Margin over 4 years is 48.23%, with a median of 45.65% recorded in 2023.
  • The sharpest move saw Gross Margin plummeted -4510bps in 2023, then surged 2453bps in 2025.
  • Year by year, Gross Margin stood at 90.75% in 2022, then crashed by -52bps to 43.71% in 2023, then decreased by -18bps to 35.91% in 2024, then surged by 68bps to 60.44% in 2025.
  • Business Quant data shows Gross Margin for HUT at 60.44% in Q4 2025, 61.29% in Q3 2025, and 47.27% in Q2 2025.