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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross 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 - 2026)

Hut 8 filings provide 4 years of Gross Margin readings, the most recent being 60.44% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 2453.0% to 60.44% in Q4 2025 year-over-year; TTM through Dec 2025 was 54.16%, a 753.0% increase, with the full-year FY2025 number at 54.16%, up 753.0% from a year prior.
  • Gross Margin hit 60.44% in Q4 2025 for Hut 8, 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.
  • Median Gross Margin over the past 4 years was 45.6% (2024), compared with a mean of 48.93%.
  • Biggest five-year swings in Gross Margin: tumbled -5304bps in 2023 and later soared 2453bps in 2025.
  • Hut 8's Gross Margin 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.
  • The last three reported values for Gross Margin were 60.44% (Q4 2025), 61.29% (Q3 2025), and 47.27% (Q2 2025) per Business Quant data.