Hut 8 annual operating margin
2022
2023
2023
2024
2025
Hut 8 Operating Margin Growth & History (HUT)
Hut 8's operating margin was −136.95% for fiscal 2025.
View full Hut 8 company overviewHut 8 annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −136.95% | −420.56 pp |
| 2024 | 2024-12-31 | 283.61% | +273.83 pp |
| 2023 · Dec 31 | 2023-12-31 | 9.78% | +93.39 pp |
| 2023 · Jun 30 | 2023-06-30 | −83.60% | −56.73 pp |
| 2022 | 2022-06-30 | −26.88% | — |
Hut 8 quarterly operating margin
Q1.23
Q1.23
Q4.23
Q1.24
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −275.36% | −730.23 pp |
| Q1 2026 | 2026-03-31 | −521.52% | +155.30 pp |
| Q4 2025 | 2025-12-31 | −491.40% | −1380.89 pp |
| Q3 2025 | 2025-09-30 | 87.00% | +90.59 pp |
| Q2 2025 | 2025-06-30 | 454.88% | +701.06 pp |
| Q1 2025 | 2025-03-31 | −676.83% | −1192.64 pp |
| Q4 2024 | 2024-12-31 | 889.49% | +860.92 pp |
| Q3 2024 | 2024-09-30 | −3.59% | −0.52 pp |
| Q2 2024 | 2024-06-30 | −246.18% | −250.74 pp |
| Q1 2024 · Mar 31 | 2024-03-31 | 515.81% | +527.16 pp |
| Q4 2023 | 2023-12-31 | 28.56% | +17.31 pp |
| Q1 2024 · Sep 30 | 2023-09-30 | −3.06% | — |
| Q4 2023 | 2023-06-30 | 4.55% | — |
| Q1 2023 · Mar 31 | 2023-03-31 | −11.34% | — |
| Q1 2023 · Sep 30 | 2022-09-30 | 11.25% | — |
Hut 8 operating margin trends
Across the available reported history, Hut 8's operating margin decreased from 283.61% to −136.95%, a change of −420.56 percentage points. The latest reported quarter, Q2 2026, shows −275.36%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hut 8 filings at SEC.gov ↗