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Hut 8 Corp.

HUTFinancial ServicesNASDAQ

Capital Markets · Last scanned May 30, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$235.1M
+44.8% YoY
Net Income
-$226.1M
-168.1% YoY
EBITDA
-$165.2M
-131.1% YoY
Free Cash Flow
-$300.6M

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About Hut 8 Corp.

Headquartered within the financial services sector, Hut 8 Corp. focuses on Capital Markets services and products. Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in. At a $14.06B market cap, Hut 8 Corp. ranks as a large-cap company within financial services. It operates through Power, Digital Infrastructure, Compute, and Other segments.

Key stats
Market Cap$14.06B
Fwd P/E-67.20
EPS$-2.82
Beta5.72
52W Change+720.7%
ROE-27.4%
Analysis

On the balance sheet, HUT has $160.0M in cash with $422.9M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$300.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -27.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $79.2M (2022) to $235.1M (2025), reflecting a 197% increase over the period.

Hut 8 Corp.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing HUT's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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