Operating Income for Hut 8 (HUT)
According to Hut 8's latest reported financial statements, the company's current operating income (TTM) is -$246.61M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
HUT
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$246.61M
YoY change
-168.9%
5Y CAGR
N/A
Peak year (2024)
$460.54M
Cumulative operating income
$5.84M
Operating Income history chart for Hut 8 (HUT) from 2012 to 2025
Operating Income history table for Hut 8 (HUT) from 2012 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | -$317.40M | -168.9% | -$777.94M | ||
| 2024 | $460.54M | +4801.4% | +$451.14M | ||
| 2023 | $9.40M | -113.7% | +$78.08M | ||
| 2022 | -$68.69M | +246.7% | -$48.87M | ||
| 2021 | -$19.82M | +177.6% | -$12.68M | ||
| 2020 | -$7.14M | +168.5% | -$4.48M | ||
| 2019 | -$2.66M | -94.6% | +$46.45M | ||
| 2018 | -$49.11M | -3664.7% | -$50.48M | ||
| 2017 | $1.38M | -1400.1% | +$1.48M | ||
| 2016 | -$105,959 | +0.5% | -$521 | ||
| 2015 | -$105,438 | +84.6% | -$48,331 | ||
| 2014 | -$57,107 | -74.6% | +$168,112 | ||
| 2013 | -$225,219 | +35.0% | -$58,346 | ||
| 2012 | -$166,873 | — | — |
Operating Income values are taken from Hut 8's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Hut 8 (HUT) operating income totalled -$317.40M – plunged 168.9% year-over-year.
Hut 8 operating income peaked at $460.54M in 2024; the latest annual figure is -$317.40M in 2025 (168.9% below peak).
Across the available history, operating income reached its high of $460.54M in 2024 and its low of -$317.40M in 2025.
Among 8 Financial Services peers, Hut 8 (HUT) ranks 9th; the peer median for operating income is $24.60B.
Hut 8 Operating Income by Year
Hut 8 Operating Income 2025: -$317.40M
Hut 8 operating income in 2025 was -$317.40M, plunged 168.9% below 2024. This figure represents the lowest annual value in the available history.
Hut 8 Operating Income 2024: $460.54M
Hut 8 operating income in 2024 was $460.54M, surged 4801.4% from 2023. This figure represents the highest annual value in the available history.
Hut 8 Operating Income 2023: $9.40M
Hut 8 operating income in 2023 was $9.40M, plunged 113.7% below 2022.
Hut 8 Operating Income 2022: -$68.69M
Hut 8 operating income in 2022 was -$68.69M, surged 246.7% from 2021.
Hut 8 Operating Income 2021: -$19.82M
Hut 8 operating income in 2021 was -$19.82M.
See more financial history for Hut 8 (HUT).
Sector peers — Operating Income
Companies in the same sector as Hut 8, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway (BRK-B) | $58.88B | Financial Services |
| Bank of America (BAC) | $37.70B | Financial Services |
| Wells Fargo (WFC) | $25.20B | Financial Services |
| Visa (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| Goldman Sachs (GS) | $21.85B | Financial Services |
| Mastercard (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Hut 8's operating income?
Latest reported operating income for Hut 8 (HUT) is -$246.61M (period ending March 31, 2026).
How has Hut 8 operating income changed year-over-year?
Hut 8 (HUT) operating income changed -168.9% year-over-year on the latest annual filing.
When did Hut 8 operating income hit its highest annual value?
Hut 8 operating income reached its highest annual value of $460.54M in 2024.
What was Hut 8 operating income in 2024?
Hut 8 (HUT) operating income in 2024 was $460.54M.
What was Hut 8 operating income in 2025?
Hut 8 (HUT) operating income in 2025 was -$317.40M.
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