NASDAQ$HUT

Hut 8 Mining Corp · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Hut 8 reported Q4 2024 revenue of $31.7M with net income of $152.0M.

Revenue was $31.7 million for the quarter ended December 31, 2024, across power, digital infrastructure, and compute segments. Net income was $152.0 million, including $308.2 million of gain on digital assets; adjusted EBITDA was $310.6 million.

  • Q4 revenue $31.7M.
  • Net income $152.0M (includes digital asset gains).
  • Adjusted EBITDA $310.6M.
  • Colocation and AI data center pipeline expanding.

Headline financials

Total Revenue

$31.7M

Previous: $82.2M-61.4%
EPS (adj)

$2.10

Previous: -$0.01+33327.8%
Net Income

$152M

Previous: -$16.7M+1009.5%
Operating Income

$282M

Previous: -$17.8M+1687.8%
Gross Profit

$4.17M

Previous: -$4.65M+189.7%
Stock-Based Comp

$11.5M

Previous: $4.61M+149.1%

Revenue & EPS history

Hut 8 · Revenue · Quarterly

$31.7M

Q4 2024-61.4%vs Q4 2023
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

The filing discusses operating priorities, capital returns, and sector demand trends.

Tailwinds

  • Management outlines strategic priorities and cost actions.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

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 Q4 2024

Historical avgQ4 2024

+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
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Q4 2016
Q3 2016
Q2 2016
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Q4 2015
Q3 2015
Q2 2015
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Q4 2014
Q3 2014
Q2 2014
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Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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