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 | 15.65M | 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 | 18.40M | 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 | 15.13M | 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 | 2.46M | 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 | 32.62M | 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 | 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 |
| Non-operating items | |||||||||||||||
| Non Operating Interest Expenses | 4.02M | 7.60M | 13.23M | 18.95M | 11.70M | 6.28M | 6.01M | 7.94M | 9.56M | 7.47M | 8.40M | 8.62M | 5.59M | 9.24M | 51.16M |
| Non Operating Investment IncomeNon-Op. Investment Inc. | -0.18M | 32.49M | 274.54M | -71.84M | -1.55M | ||||||||||
| Interest & Investment IncomeInt & Inv Inc | 27.09M | ||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 23.68M | -24.68M | 23.68M | 1.00M | -2.40M | 17.22M | 5.97M | -13.14M | 0.01M | -18.40M | -1.53M | 59.68M | -2.72M | 18.32M | |
| Non Operating IncomeNon Op. Inc. | -4.02M | 19.39M | 17.09M | 13.45M | -4.53M | -4.16M | 14.37M | 2.93M | -21.77M | -6.87M | -22.80M | -3.02M | 54.86M | 68.29M | -2.27M |
| Net income details | |||||||||||||||
| EBT | -0.24M | 17.62M | 16.25M | 11.94M | 5.71M | 262.73M | -72.33M | 1.36M | 260.15M | -154.52M | 165.06M | 69.63M | -380.00M | -302.08M | -208.60M |
| Tax ProvisionsTaxes | 0.32M | 0.29M | 0.61M | 0.67M | -0.42M | 4.40M | -1.90M | 0.50M | 110.46M | -20.20M | 27.60M | 19.02M | -78.24M | -48.94M | -31.50M |
| Profit After TaxPAT | -0.56M | 17.33M | 15.64M | 11.27M | 6.21M | 250.88M | -71.87M | 0.91M | 152.28M | -133.89M | 177.38M | 52.76M | -302.03M | -219.85M | -189.84M |
| Equity Income | 3.28M | 6.64M | 8.72M | 6.17M | 4.52M | 2.44M | 1.50M | 1.90M | 1.36M | 1.06M | 2.19M | 4.11M | 6.43M | 5.67M | |
| Income from Non-Controlling InterestsInc. Minority | 0.55M | -0.17M | -0.32M | 0.26M | -0.24M | -0.43M | 0.23M | 0.50M | -22.09M | -33.29M | -26.95M | ||||
| Income from Continuing OperationsIncome (Continuing) | -0.56M | 17.33M | 15.64M | 11.27M | 6.13M | 258.33M | -70.43M | 0.86M | 149.69M | -134.32M | 137.46M | 50.61M | -301.76M | -253.13M | -177.10M |
| Income from Discontinued OperationsIncome (Discontinued) | 0.08M | -7.63M | -1.74M | 2.32M | |||||||||||
| Consolidated Net IncomeConsol Net Inc. | -0.56M | 17.33M | 15.64M | 11.27M | 6.21M | 250.70M | -72.16M | 0.86M | 152.01M | -134.32M | 137.46M | 50.61M | -301.76M | -253.13M | -177.10M |
| Income towards Parent CompanyParent Net Inc | -0.56M | 17.33M | 15.64M | 11.27M | 6.21M | 250.70M | -72.16M | 0.86M | 152.01M | -134.32M | 137.46M | 50.61M | -301.76M | -253.13M | -177.10M |
| Net Income towards Common StockholdersNet Income | -0.56M | 17.33M | 15.64M | 11.27M | 6.13M | 258.50M | -70.13M | 0.65M | 149.91M | -133.80M | 137.51M | 50.34M | -279.49M | -253.13M | -177.10M |
| Additional items | |||||||||||||||
| EPS (Basic) | -0.01 | 0.41 | 0.36 | 0.25 | 0.13 | 2.90 | -0.78 | 0.01 | 1.64 | -1.30 | 1.32 | 0.48 | -2.65 | -2.28 | -1.49 |
| EPS (Diluted) | -0.01 | 0.41 | 0.36 | 0.25 | 0.12 | 2.76 | -0.78 | 0.01 | 1.48 | -1.30 | 1.16 | 0.41 | -2.65 | -2.28 | -1.49 |
| Shares Outstanding | 39.56M | 42.46M | 43.19M | 45.70M | 47.08M | 89.15M | 90.19M | 91.18M | 91.32M | 102.85M | 104.25M | 105.57M | 105.33M | 111.06M | 118.48M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 39.56M | 42.54M | 43.19M | 45.70M | 49.12M | 93.70M | 90.19M | 96.41M | 101.05M | 102.85M | 119.02M | 121.76M | 105.33M | 111.06M | 118.48M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 43.13M | 43.19M | 45.70M | 45.70M | 47.08M | 88.46M | 90.94M | 93.51M | 99.48M | 104.15M | 104.42M | 106.31M | 110.09M | 112.55M | 123.19M |
| EBITDA | 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 |
| Interest ExpensesInt Expense | 4.02M | 7.60M | 13.23M | 18.95M | 11.70M | 6.28M | 6.01M | 7.94M | 9.56M | 7.47M | 8.40M | 8.62M | 5.59M | 9.24M | 51.16M |
| Tax Rate | -128.57% | 1.64% | 3.76% | 5.63% | -7.37% | 1.67% | 2.63% | 36.74% | 42.46% | 13.08% | 16.72% | 27.31% | 20.59% | 16.20% | 15.10% |