High Performance Computing, Colocation & Cloud was the largest of Hut 8 Corp.’s 3 reported lines in fiscal 2025, at $202.33M — 86% of $235.12M.
| Product and Service | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| High Performance Computing, Colocation & Cloud | $68.16M | $49.25M | $41.35M | $80.70M | $202.33M |
| Power | — | $12.80M | $12.60M | $56.60M | $23.21M |
| Digital Infrastructure | $5.57M | $16.48M | $5.82M | $17.48M | $9.58M |
| Other | — | $3.64M | $110.00K | $7.60M | — |
| Total | $73.73M | $82.16M | $59.87M | $162.39M | $235.12M |
In fiscal 2025, which ended December 31, 2025, the 3 revenue lines Hut 8 Corp. reported in this breakdown added up to $235.12M. The revenue lines reported changed from fiscal 2024, so the total is not directly comparable with the $162.39M reported that year. High Performance Computing, Colocation & Cloud was the largest revenue line, at $202.33M or 86.1% of the total, followed by Power ($23.21M, 9.9%) and Digital Infrastructure ($9.58M, 4.1%). Together, the two largest revenue lines made up 95.9% of this total.
Compared with fiscal 2024, High Performance Computing, Colocation & Cloud grew the fastest, rising 150.7% to $202.33M. Power fell the most, down 59.0% to $23.21M. Because revenue lines were added or dropped between the two years, part of this reflects how Hut 8 Corp. regrouped its reporting.
Power was first reported as a separate revenue line in fiscal 2023. The table also keeps 1 revenue line that Hut 8 Corp. no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers 5 fiscal years between 2022 and 2025, as reported in Hut 8 Corp.'s annual filings.
United States was the largest of Hut 8 Corp.’s 2 reported lines in fiscal 2025, at $202.61M — 86% of $235.12M.
| Geography | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| United States | $73.73M | $82.16M | $54.43M | $110.97M | $202.61M |
| Canada | — | — | $5.44M | $51.41M | $32.51M |
| Total | $73.73M | $82.16M | $59.87M | $162.39M | $235.12M |
In fiscal 2025, which ended December 31, 2025, the 2 regions Hut 8 Corp. reported in this breakdown added up to $235.12M. That was up 44.8% from $162.39M in fiscal 2024. United States was the largest region, at $202.61M or 86.2% of the total, followed by Canada ($32.51M, 13.8%).
Compared with fiscal 2024, United States grew the fastest, rising 82.6% to $202.61M. Canada fell the most, down 36.8% to $32.51M.
Canada was first reported as a separate region in fiscal 2023. This breakdown covers 5 fiscal years between 2022 and 2025, as reported in Hut 8 Corp.'s annual filings.
Operating Segments was the largest of Hut 8 Corp.’s 2 reported lines in fiscal 2025, at $202.40M — 189% of $107.01M.
| Segment | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Operating Segments | $68.16M | $49.25M | $41.35M | $80.71M | $202.40M |
| Intersegment Eliminations | — | — | -$559.00K | -$8.97M | -$95.39M |
| Total | $68.16M | $49.25M | $40.79M | $71.73M | $107.01M |
In fiscal 2025, which ended December 31, 2025, the 2 segments Hut 8 Corp. reported in this breakdown added up to $107.01M. That is less than the $235.12M in its breakdown by revenue line, so these segments do not account for all of its revenue that year. Operating Segments was the largest segment, at $202.40M or 189.1% of the total.
Intersegment Eliminations was first reported as a separate segment in fiscal 2023. Figures are shown as reported, so the total is net of Intersegment Eliminations, which was -$95.39M in fiscal 2025. This breakdown covers 5 fiscal years between 2022 and 2025, as reported in Hut 8 Corp.'s annual filings.
Hut 8 Corp. (HUT) breaks its revenue down by revenue line, region and segment. In fiscal 2025, its largest revenue line was High Performance Computing, Colocation & Cloud, with $202.33M or 86.1% of the total, followed by Power at $23.21M (9.9%).
High Performance Computing, Colocation & Cloud was Hut 8 Corp.'s largest revenue line in fiscal 2025, with $202.33M in revenue, 86.1% of the $235.12M reported across its 3 revenue lines.
United States was Hut 8 Corp.'s largest region in fiscal 2025, with $202.61M in revenue, 86.2% of the $235.12M reported across its 2 regions.
Operating Segments was Hut 8 Corp.'s largest segment in fiscal 2025, with $202.40M in revenue, 189.1% of the $107.01M reported across its 2 segments.
Of the Hut 8 Corp. regions reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, United States grew the fastest, rising 82.6% from $110.97M to $202.61M.
Every figure is taken from Hut 8 Corp.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2022 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.