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Hut 8 Corp. (HUT)
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Hut 8 Corp. (HUT) Gross Profit

The gross profit for Hut 8 Corp. (HUT) is ($92.69M) with a period-over-period change of (222.40%). Gross profit is revenue minus cost of revenue, before operating expenses, interest, and taxes.

HUT Gross Profit

HUT Gross Profit Chart

$-92.69M

Reported annual fiscal-period values; no daily interpolation.

HUT Quarterly Gross Profit Growth (YoY)

Gross Profit growth vs the same quarter one year earlier, last 17 quarters.

Gross Profit CAGR (Compound Annual Growth Rate)

1 Year

N/A

3 Year

N/A

5 Year

N/A

10 Year

N/A

15 Year

N/A

20 Year

N/A

CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.

Gross Profit History

DateGross Profit% Change
2025($92.69M)(222.40%)
2024$75.73M+140.33%
2024$31.51M(4.31%)
2023$32.93M(22.00%)
2021$42.22M+354.96%
2020($16.56M)(1109.90%)
2019$1.64M+109.53%
2018($17.21M)(463.99%)
2017$4.73M-
2017$0-
2016$0-
2015$0-
2014$0-
2013$0-

About Hut 8 Corp.

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 the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.

Miami, FL
248 employees
Technology / Software - Services
Sector
Technology
Industry
Software - Services
CEO
Asher Genoot