NASDAQ$HUT

Hut 8 Mining Corp · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Hut 8 reported Q1 2026 with $71M revenue, net loss of $219.8M, and diluted loss per share of $1.98.

For the period ended 2026-03-31, Hut 8 reported $71M revenue. Total revenue $71.0M (+225% YoY) with compute $66.0M and power $3.7M. Net loss attributable to Hut 8 $(219.8)M; loss per share $(1.98). Digital infrastructure pivot beyond bitcoin mining. No traditional EPS guidance; discusses hash rate, power costs, and AI compute hosting.

  • Total revenue $71.0M (+225% YoY) with compute $66.0M and power $3.7M.
  • Net loss attributable to Hut 8 $(219.8)M; loss per share $(1.98).
  • Digital infrastructure pivot beyond bitcoin mining.

Headline financials

Total Revenue

$71M

Previous: $21.8M+225.5%
EPS (adj)

-$1.98

Previous: $0.19-1142.1%
Capital Expenditures

-$36.6M

Previous: -$63.3M+42.2%
Net Income

-$220M

Previous: -$134M-64.2%
Operating Income

-$370M

Previous: -$148M-150.8%

Revenue & EPS history

Hut 8 · Revenue · Quarterly

$71M

Q1 2026+225.5%vs Q1 2025
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

No traditional EPS guidance; discusses hash rate, power costs, and AI compute hosting.

Tailwinds

  • Revenue scale-up in compute segment.
  • Income tax benefit $48.9M.
  • Diversification away from pure mining.

Headwinds

  • Large GAAP loss on fair-value and depreciation.
  • Crypto and power price volatility.
  • High capital intensity for data centers.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+2.3%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+7.1%

Avg return

30 days after

41%

13 / 32 earnings

Positive

+35.3%

Q1 2026

Best reaction

-14.9%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+35.3%+26.9%+39.3%
Q4 2025-6.6%-10.9%-19.9%
Q3 2025-12.5%-18.9%-22.2%
Q1 2025+11.9%+30.3%+46.7%
Q4 2024-4.5%-8.4%-9.2%
Q3 2024-3.0%+4.9%+14.5%
Q2 2024-3.7%+1.3%-4.4%
Q1 2024+14.5%+27.7%+44.8%
Q4 2023+9.7%-4.9%-10.6%
Q3 2023-1.5%-6.4%-5.3%
Q2 2023-11.2%-19.2%-29.3%
Q1 2023-4.9%+1.1%+4.4%
Q4 2022-14.9%+13.5%+13.5%
Q3 2022-7.5%-17.3%-42.2%
Q2 2022+29.9%+22.9%-13.3%
Q1 2022+12.3%+8.6%-23.0%
Q4 2021+10.7%+12.7%-15.2%
Q3 2021+8.4%-1.3%-37.7%
Q2 2021-7.1%-16.3%+38.4%
Q1 2021+9.1%+12.3%-24.5%
Q4 2020+4.8%+6.5%+30.6%
Q3 2020-1.6%+1.4%+31.9%
Q2 2020+19.8%+8.7%+26.0%
Q1 2020-11.2%+9.7%+25.4%
Q4 2019+1.3%+3.0%+42.9%
Q3 2019-1.2%-3.1%-13.5%
Q2 2019-4.3%-8.9%-19.9%
Q1 2019-4.3%+23.7%+80.2%
Q4 2018+4.6%+29.4%+34.7%
Q3 2018+0.0%+14.8%-0.5%
Q2 2018+0.0%+6.3%+15.0%
Q1 2018+0.0%+0.0%+31.0%
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro