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Income Statement (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Revenue | 84M | 102.2% |
| Gross Profit | 51M | 162.2% |
| Cost of Revenue | 32M | 48.5% |
| Operating expense | -21M | 87.2% |
| Net Income | 51M | 63.1% |
| EBITDA | 100M | 48.2% |
Balance Sheet (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Total Assets | 3.74B | 85% |
| Total Liabilities | 1.44B | 127.4% |
| Total Equity | 2.01B | 58.4% |
| Shares Outstanding | 122M | 2.3% |
Cash Flow (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Cash from operations | 1.1M | 102.2% |
| Cash from investing | -489M | 1030% |
| Cash from financing | 233M | 13.4% |
EPS
Financial Highlights for Hut 8 in Q3 '25
Hut 8 reported a revenue of 84M, which is a 102.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 51M, marking a 162.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 32M, a 48.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were -21M, showing a 87.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 51M, showing a -63.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 100M, showing a -48.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Hut 8 faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
