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Hut 8 Corp. revenue

Hut 8 Corp.'s revenue was $235m in fiscal 2025, up 44.8% on the year before. Since fiscal 2022 ($73.7m) it has grown at a compound 47.2% a year. Over the last twelve months it was $318m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Hut 8 Corp.: revenue history, annual
Fiscal year2022Jun 20222023Jun 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue7482162235318
Growth on the year before—+11.4%+97.6%+44.8%—
Gross profit483976127198
Gross margin65.0%47.5%46.6%54.2%62.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
High Performance Computing Colocation and Cloud $202M ▲ 150.8%
Digital Infrastructure $86.2M ▲ 237.9%
Power $41.9M ▼ 26.0%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue Share YoY
High Performance Computing Colocation and Cloud $202M 86.1% ▲ 150.7%
Power $23.2M 9.9% ▼ 59.0%
Digital Infrastructure $9.6M 4.1% ▼ 45.2%
Geography
Region Revenue Share YoY
United States $203M 86.2% ▲ 82.6%
Canada $32.5M 13.8% ▼ 36.8%

From Hut 8 Corp.'s 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Internet Services & Infrastructure: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Hut 8 Corp. $318m 129.5% 57.0%
Fiverr International Ltd. $431m 10.1% —
Core Scientific, Inc. $440m 26.4% -6.1%
Bitfufu Inc. $478m 3.1% —
Nebius Group N.V. $530m 479.0% -24.0%
Terawulf Inc. $165m 14.6% 59.9%

Compare with peers

Head to head: FVRR vs HUTCORZ vs HUTFUFU vs HUT

More: Internet Services & Infrastructure stocks compared, Technology sector, rankings of US companies

Figures from Hut 8 Corp.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Hut 8 Corp.