Growth Metrics

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

Hut 8's Operating Margin history spans 4 years, with the latest figure at 491.4% for Q4 2025.

  • For Q4 2025, Operating Margin fell 138089.0% year-over-year to 491.4%; the TTM value through Dec 2025 reached 136.95%, down 42056.0%, while the annual FY2025 figure was 136.95%, 42056.0% down from the prior year.
  • Operating Margin reached 491.4% in Q4 2025 per HUT's latest filing, down from 87.0% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 889.49% in Q4 2024 to a low of 676.83% in Q1 2025.
  • Average Operating Margin over 4 years is 42.79%, with a median of 4.55% recorded in 2023.
  • Peak YoY movement for Operating Margin: soared 87239bps in 2024, then crashed -138089bps in 2025.
  • A 4-year view of Operating Margin shows it stood at 11.25% in 2022, then soared by 52bps to 17.1% in 2023, then soared by 5102bps to 889.49% in 2024, then tumbled by -155bps to 491.4% in 2025.
  • Per Business Quant, the three most recent readings for HUT's Operating Margin are 491.4% (Q4 2025), 87.0% (Q3 2025), and 454.88% (Q2 2025).