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Hut 8 Corp. key statistics and ratios

In fiscal 2025, Hut 8 Corp. had return on equity of -18.9%, an operating margin of -136.9%, debt equal to 28.8% of equity and a current ratio of 1.09. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

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

Hut 8 Corp.: financial ratios, annual
Fiscal year2022Jun 20222023Jun 20232024Dec 20242025Dec 2025LTMJun 2026
Gross margin65.0%47.5%46.6%54.2%62.3%
Operating margin−26.9%−83.6%283.6%−136.9%−295.3%
Net margin−43.1%−79.9%204.4%−96.2%−188.6%
Return on equity−36.3%−114.1%66.1%−18.9%−41.9%
Return on assets−13.0%−30.2%38.8%−10.6%−9.4%
Asset turnover0.300.380.190.110.05
Current ratio0.371.871.671.0919.35
Debt to equity146.4%557.1%31.0%28.8%536.2%
Interest cover (operating income ÷ interest)n/m—15.5xn/mn/m
Effective tax rate——25.1%——

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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.