Hut 8 (HUT) Gross Margin (2022 - 2026)

Hut 8 (HUT) has 5 years of Gross Margin data on file, last reported at 64.03% in Q1 2026.

• Quarterly Gross Margin rose 4956.0% year-over-year to 64.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 59.67% (up 1793.0% YoY) and the FY2025 annual result came in at 54.16%, up 753.0% from the prior year.
• Gross Margin grew to 64.03% in Q1 2026, from 60.44% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 90.75% in Q3 2022 to a low of 14.47% in Q1 2025.
• A 5-year average of 50.39% and a median of 46.44% in 2024 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2023 — Gross Margin sank 4953 bps — and 2026, when it soared 4956 bps.
• Tracing HUT's Gross Margin over 5 years: stood at 90.75% in 2022, then plunged by 52 bps to 43.71% in 2023, then fell by 18 bps to 35.91% in 2024, then soared by 68 bps to 60.44% in 2025, then rose by 6 bps to 64.03% in 2026.
• The last three Gross Margin figures came in at 64.03% (Q1 2026), 60.44% (Q4 2025), and 61.29% (Q3 2025), per Business Quant data.