Hut 8 (HUT) Gross Margin: 2022-2025
Historic Gross Margin for Hut 8 (HUT) over the last 3 years, with Sep 2025 value amounting to 61.29%.
- Hut 8's Gross Margin rose 143.00% to 61.29% in Q3 2025 from the same period last year, while for Sep 2025 it was 47.80%, marking a year-over-year increase of 4962.00%. This contributed to the annual value of 46.64% for FY2024, which is 306.00% up from last year.
- Per Hut 8's latest filing, its Gross Margin stood at 61.29% for Q3 2025, which was up 29.64% from 47.27% recorded in Q2 2025.
- In the past 5 years, Hut 8's Gross Margin ranged from a high of 74.72% in Q4 2023 and a low of 14.47% during Q1 2025.
- Its 3-year average for Gross Margin is 46.91%, with a median of 45.60% in 2024.
- Examining YoY changes over the last 5 years, Hut 8's Gross Margin showed a top increase of 2,217bps in 2024 and a maximum decrease of 3,882bps in 2024.
- Over the past 4 years, Hut 8's Gross Margin (Quarterly) stood at 45.12% in 2022, then tumbled by 744bps to 74.72% in 2023, then slumped by 3,882bps to 35.91% in 2024, then spiked by 143bps to 61.29% in 2025.
- Its last three reported values are 61.29% in Q3 2025, 47.27% for Q2 2025, and 14.47% during Q1 2025.