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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Hut 8's Gross Margin history spans 4 years, with the latest figure at 60.44% for Q4 2025.

  • For Q4 2025, Gross Margin rose 2453.0% year-over-year to 60.44%; the TTM value through Dec 2025 reached 54.16%, up 753.0%, while the annual FY2025 figure was 54.16%, 753.0% up from the prior year.
  • Gross Margin reached 60.44% in Q4 2025 per HUT's latest filing, down from 61.29% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 90.72% in Q3 2022 to a low of 14.47% in Q1 2025.
  • Average Gross Margin over 4 years is 48.93%, with a median of 45.6% recorded in 2024.
  • Peak YoY movement for Gross Margin: plummeted -5304bps in 2023, then surged 2453bps in 2025.
  • A 4-year view of Gross Margin shows it stood at 90.72% in 2022, then plummeted 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.
  • Per Business Quant, the three most recent readings for HUT's Gross Margin are 60.44% (Q4 2025), 61.29% (Q3 2025), and 47.27% (Q2 2025).