Hut 8 reported revenue of $74.93M and net income of -$189.84M for the quarter ended Jun 2026, up 81.4% year over year. This income statement covers 15 quarters of results from Sep 2022 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||
| Revenue | 33.53M | 65.47M | 36.18M | 57.88M | 59.87M | 51.74M | 35.22M | 43.73M | 31.69M | 21.82M | 41.30M | 83.51M | 88.49M | 71.02M | 74.93M |
| Cost of RevenueCost of Rev | 3.10M | 8.51M | 20.49M | 34.02M | 33.70M | 28.15M | 20.64M | 17.56M | 20.31M | 18.66M | 21.78M | 32.33M | 35.01M | 25.55M | 26.89M |
| Gross Profit | 30.43M | 36.78M | 15.68M | 23.86M | 26.17M | 23.59M | 14.58M | 26.18M | 11.38M | 3.16M | 19.52M | 51.18M | 53.48M | 45.47M | 48.04M |
| Operating items | |||||||||||||||
| Selling, General & AdministrativeSG&A | 5.86M | 6.38M | 11.59M | 15.76M | 37.55M | 20.00M | 17.90M | 16.18M | 18.84M | 21.06M | 30.16M | 25.86M | 45.73M | 81.74M | 76.08M |
| Restructuring CostsRestructuring | 2.08M | 1.96M | |||||||||||||
| Other Operating ExpensesOther Opex | 1.55M | 1.37M | 2.38M | 2.38M | -0.44M | 0.19M | 0.44M | -2.45M | 0.31M | -1.47M | -0.98M | 33.60M | 1.11M | ||
| Operating ExpensesOpex | 29.76M | 6.38M | 11.59M | 22.37M | 37.55M | 20.00M | 17.90M | 16.18M | 18.84M | 21.06M | 30.16M | 25.86M | 45.73M | 83.82M | 78.04M |
| Operating IncomeOp. Inc | 3.77M | -1.77M | 0.94M | -1.50M | 10.24M | 266.89M | -86.69M | -1.57M | 281.91M | -147.65M | 187.86M | 72.66M | -434.86M | -370.37M | -206.33M |
| EBIT | -206.33M | ||||||||||||||
| Non-operating items | |||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 27.09M | ||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 18.32M | ||||||||||||||
| Non Operating IncomeNon Op. Inc. | -2.27M | ||||||||||||||
| Net income details | |||||||||||||||
| EBT | -208.60M | ||||||||||||||
| Tax ProvisionsTaxes | -31.50M | ||||||||||||||
| Profit After TaxPAT | -189.84M | ||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -26.95M | ||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -177.10M | ||||||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | 2.32M | ||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -177.10M | ||||||||||||||
| Income towards Parent CompanyParent Net Inc | -177.10M | ||||||||||||||
| Net Income towards Common StockholdersNet Income | -177.10M | ||||||||||||||
| Additional items | |||||||||||||||
| EPS (Basic) | -1.49 | ||||||||||||||
| EPS (Diluted) | -1.49 | ||||||||||||||
| Shares Outstanding | 118.48M | ||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 118.48M | ||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 123.19M | ||||||||||||||
| EBITDA | -206.33M | ||||||||||||||
| Interest ExpensesInt Expense | 220.61M | ||||||||||||||
| Tax Rate | 15.10% |