NASDAQ$HUT

Hut 8 Mining Corp · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Hut 8 reported Q3 2025 total revenue of $83.5M with net income from continuing operations of $50.6M.

Total revenue was $83.5 million across power, digital infrastructure, and compute segments. Net income from continuing operations was $50.6 million as the company expanded data center and bitcoin-related operations.

  • Q3 total revenue $83.5M.
  • Net income from continuing operations $50.6M.
  • Compute and digital infrastructure revenue growing.
  • Power and hosting strategy central to expansion.

Headline financials

Total Revenue

$83.5M

Previous: $43.7M+90.9%
EPS (adj)

$0.43

Previous: -$0.23+287.0%
Energy Capacity Under Management

1.0M

No prior period
Energy Capacity Under Development

1.5M

No prior period
Energy Capacity Under Diligence

5.9M

No prior period
Energy Capacity Under Exclusivity

1.3M

No prior period
Cash and Bitcoin Reserve

$13.7K

No prior period
Capital Expenditures

-$196M

Previous: -$127M-55.1%
Net Income

$50.1M

Previous: $647K+7644.8%
Operating Income

$72.7M

Previous: -$1.57M+4730.7%

Revenue & EPS history

Hut 8 · Revenue · Quarterly

$83.5M

Q3 2025+90.9%vs Q3 2024
Beat estimate in 3 of 12 quarters(25%)
ActualEstimate

Revenue by segment

Hut 8 · $41.3M total across 3 segments · Q2 2025

  • Compute
    $34.3M—
  • Power
    $5.49M—
  • Digital Infrastructure
    $1.51M—

Forward guidance

The filing discusses Hut 8's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • Hut 8 cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+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
Q2 2025———
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———

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