High Performance Computing, Colocation & Cloud was Hut 8’s largest segment in fiscal 2025, bringing in $202.40M of $235.12M (86%).
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| High Performance Computing, Colocation & Cloud | $68.16M | $49.25M | $80.71M | $202.40M |
| Power | — | $12.80M | $56.60M | $41.87M |
| Digital Infrastructure | $5.57M | $16.48M | $25.52M | $86.24M |
| Other | — | $3.64M | $8.53M | — |
| Intersegment Eliminations | — | — | -$8.97M | -$95.39M |
| Total | $73.73M | $82.16M | $162.39M | $235.12M |
Hut 8 brought in $235.12M from its four segments in fiscal 2025, the year ended December 31, 2025. Hut 8 regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $162.39M. High Performance Computing, Colocation & Cloud was the largest at $202.40M (86.1%), ahead of Digital Infrastructure at $86.24M (36.7%) and Power at $41.87M (17.8%).
Compared with fiscal 2024, Digital Infrastructure grew fastest, up 237.9% to $86.24M, while Power fell the most, down 26.0% to $41.87M.
Hut 8 began breaking out Power in fiscal 2023 and Intersegment Eliminations in fiscal 2024. Hut 8 stopped reporting Other as a separate segment after fiscal 2024, when it brought in $8.53M. The total is net of Intersegment Eliminations, which took $95.39M off revenue in fiscal 2025.
High Performance Computing, Colocation & Cloud was Hut 8’s largest product and service line in fiscal 2025, bringing in $202.33M of $235.12M (86%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| High Performance Computing, Colocation & Cloud | $68.16M | $49.25M | $80.70M | $202.33M |
| Power | — | $12.80M | $56.60M | $23.21M |
| Digital Infrastructure | $5.57M | $16.48M | $17.48M | $9.58M |
| Other | — | $3.64M | $7.60M | — |
| Total | $73.73M | $82.16M | $162.39M | $235.12M |
Hut 8 brought in $235.12M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. Hut 8 regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $162.39M. High Performance Computing, Colocation & Cloud was the largest at $202.33M (86.1%), ahead of Power at $23.21M (9.9%) and Digital Infrastructure at $9.58M (4.1%).
Compared with fiscal 2024, High Performance Computing, Colocation & Cloud grew fastest, up 150.7% to $202.33M, while Power fell the most, down 59.0% to $23.21M.
Hut 8 began breaking out Power in fiscal 2023, when it brought in $12.80M. Hut 8 stopped reporting Other as a separate line after fiscal 2024, when it brought in $7.60M.
United States was Hut 8’s largest region in fiscal 2025, bringing in $202.61M of $235.12M (86%).
| Geography | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| United States | $73.73M | $82.16M | $110.97M | $202.61M |
| Canada | — | — | $51.41M | $32.51M |
| Total | $73.73M | $82.16M | $162.39M | $235.12M |
Hut 8 brought in $235.12M from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 44.8% from $162.39M in fiscal 2024. United States was the largest at $202.61M (86.2%), ahead of Canada at $32.51M (13.8%).
Compared with fiscal 2024, United States grew 82.6% to $202.61M, while Canada fell 36.8% to $32.51M.
Hut 8 began breaking out Canada in fiscal 2024, when it brought in $51.41M.
Hut 8 (HUT) reports its revenue by segment, by product and service and by geography. In fiscal 2025, High Performance Computing, Colocation & Cloud was its largest segment, bringing in $202.40M (86.1% of the total), followed by Digital Infrastructure at $86.24M (36.7%).
High Performance Computing, Colocation & Cloud was Hut 8's largest segment in fiscal 2025, bringing in $202.40M, or 86.1% of the $235.12M total across its four segments.
High Performance Computing, Colocation & Cloud was Hut 8's largest product and service line in fiscal 2025, bringing in $202.33M, or 86.1% of the $235.12M total across its three product and service lines.
United States was Hut 8's largest region in fiscal 2025, bringing in $202.61M, or 86.2% of the $235.12M total across its two regions.
United States grew faster than Canada in fiscal 2025, up 82.6% from $110.97M to $202.61M. Canada fell 36.8% to $32.51M.
Every figure comes from Hut 8's annual financial filings, as reported. Each line keeps the name Hut 8 gives it, and years follow its fiscal calendar.
Hut 8's revenue by segment goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.