The Tip Desk

Hut 8 Corp.

Company Stats

Market Cap
$10.6B
as of Sep 30, 2026
Enterprise Value
$11.0B
Shares Outstanding
123.3M
Free Float
85.2%

Income Statement

Revenue
$235.1M
Operating Income
-$322.0M
Net Income
-$226.1M
EBITDA
-$220.1M

Cash Flow

Free Cash Flow
-$492.2M
FCF Yield
-4.6%
Owner FCF Yield
-5.2%

Balance Sheet

Cash & Equivalents
$44.9M
Total Debt
$408.9M
Net Debt
$364.0M

Returns & Capital

SBC, 3Y Avg
$30.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$235.1M-$492.2M-209.3%
FY2024$162.4M——
FY2023$96.0M-$29.6M-30.9%
FY2023$82.2M-$29.7M-36.2%

Annual filing data through FY ended December 31, 2025; shares and float as of October 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage