Hut 8 Corp. (HUT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 216.57M | 408.18M | 310.86M | 411.26M | 269.15M | 256.84M | 110.25M | 195.66M | 33.55M | 0 | 22.45M | 403.3M | 368.34M | 245.62M | 265.92M | 254.97M | 453.68M | 468.08M | 490.83M | 265.43M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 24.28 | -5.93 | 5.11 | 14.28 | 23.61 | 1.77 | 12.54 | -16.9 | 10.68 | 5.86 | 5.46 | 11.04 | 12.81 | 12.08 | 6.27 | 9.49 | 17.73 | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 49.37M | 332.15M | 235.84M | 112.94M | 101.88M | 111.06M | 1.94M | 1.71M | 3.73M | -51.76M | 14.24M | 334.76M | 352.44M | 203.63M | 223.42M | 188.81M | 367.6M | 323.95M | 111.59M | 86.86M |
| Total Non-Current Assets | 2.39B | 2.35B | 3.43B | 1.61B | 1.3B | 1.26B | 988.97M | 891.32M | 965.5M | 872.84M | 156.63M | 154.25M | 173.11M | 167.31M | 296M | 317.9M | 299.76M | 252.63M | 160.38M | 97.23M |
| Property, Plant & Equipment | 829.87M | 661.74M | 926.36M | 401.77M | 373.36M | 242.27M | 214.76M | 158.14M | 157.14M | 174.85M | 66.69M | 113.26M | 120.92M | 124.96M | 253.37M | 267.17M | 232.02M | 233.14M | 127.98M | 75.39M |
| Fixed Asset Turnover | 0.10x | -0.39x | 0.24x | 0.11x | 0.07x | 1.49x | 0.23x | -0.23x | 0.31x | 0.32x | 0.24x | 0.18x | 0.13x | 0.07x | 0.13x | 0.13x | 0.08x | 0.13x | 0.05x | 0.54x |
| Goodwill | 209.16M | 210.09M | 287.5M | 55.78M | 53.17M | 53.08M | 56.44M | 55.79M | 56.35M | 75.94M | 0 | 0 | -9.27M | 11.54M | 3.15M | 3.15M | 3.15M | 0 | 0 | 0 |
| Intangible Assets | 10.16M | 11.14M | 16.6M | 12.82M | 13.33M | 13.27M | 14.7M | 15.34M | 16.3M | 0 | 461K | 14.78M | 14.96M | 3.59M | 10.08M | 10.43M | 10.77M | 0 | 1.59M | 589.58K |
| Long-Term Investments | 6.38M | 6.38M | 78.69M | 90.82M | 89.76M | 88.39M | 90.07M | 87.23M | 82.56M | 108.99M | 84.31M | 93.58M | 97.47M | 100.17M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 2.61B | 2.75B | 3.74B | 2.02B | 1.57B | 1.52B | 1.1B | 1.09B | 999.04M | 976.87M | 179.08M | 557.55M | 541.45M | 412.94M | 561.92M | 572.87M | 753.44M | 720.71M | 651.21M | 362.66M |
| Asset Turnover | 0.03x | -0.10x | 0.06x | 0.02x | 0.01x | 0.26x | 0.04x | -0.04x | 0.05x | 0.07x | 0.06x | 0.04x | 0.03x | 0.03x | 0.06x | 0.05x | 0.03x | 0.03x | 0.01x | 0.10x |
| Asset Growth % | 66.03% | 81.3% | 240.29% | 85.96% | 57.34% | 55.48% | 513.81% | 94.96% | 84.51% | 136.57% | -68.13% | -2.67% | -28.14% | -42.7% | -13.71% | 57.96% | 121.73% | 1569.7% | 801.83% | 403.64% |
| Total Current Liabilities | 252.43M | 375.58M | 431.35M | 227.37M | 213.24M | 153.96M | 110.48M | 116.79M | 107.97M | 87.16M | 11.28M | 57.98M | 38.39M | 30.13M | 27.8M | 24.03M | 22.54M | 26.06M | 21.89M | 14.32M |
| Accounts Payable | 0 | 0 | 86.27M | 0 | 0 | 11.29M | 0 | 0 | 31.87M | 0 | 4.31M | 22.28M | 22.19M | 5.96M | 0 | 0 | 0 | 7.07M | 9.6M | 6.88M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 202.82M | 202.82M | 181.01M | 64.94M | 64.98M | 64.97M | 64.96M | 64.96M | 66.98M | 87.16M | 1.39M | 35.7M | 16.2M | 16.22M | 15.45M | 11.85M | 13.91M | 16.49M | 10.34M | 6.09M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 47.64M | 171.31M | 149.32M | 146.46M | 134.07M | 25.88M | 32.24M | 44.89M | 0 | -90.72M | -86K | -23.31M | -22.63M | -619K | 12.34M | 12.18M | 8.64M | -4.57M | -7.64M | -5.54M |
| Current Ratio | 0.86x | 1.09x | 0.72x | 1.81x | 1.26x | 1.67x | 1.00x | 1.68x | 0.31x | - | 1.99x | 6.96x | 9.60x | 8.15x | 9.57x | 10.61x | 20.13x | 17.96x | 22.42x | 18.54x |
| Quick Ratio | 0.86x | 1.09x | 0.72x | 1.81x | 1.26x | 1.67x | 1.00x | 1.68x | 0.31x | - | 1.99x | 6.96x | 9.60x | 8.15x | 9.57x | 10.61x | 20.13x | 17.96x | 22.42x | 18.54x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 667.14M | 688.67M | 1.01B | 405.63M | 370.95M | 384.33M | 276.25M | 301.87M | 150.48M | 314.89M | 144.5M | 28.4M | 32.42M | 31.41M | 39.34M | 39.56M | 80.34M | 128.68M | 19.93M | 12.98M |
| Long-Term Debt | 220.09M | 226.51M | 302.48M | 251.17M | 244.37M | 235.62M | 232.34M | 263.86M | 110.62M | 162.61M | 141.69M | 28.4M | 10.94M | 31.2M | 34.83M | 37.96M | 29.57M | 24.2M | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 919.57M | 1.06B | 1.44B | 633M | 584.19M | 538.28M | 386.73M | 418.65M | 258.45M | 333.87M | 155.78M | 86.38M | 70.81M | 55.55M | 67.14M | 63.59M | 102.89M | 154.74M | 21.89M | 14.32M |
| Total Debt | 422.91M | 429.33M | 543.57M | 362M | 354.86M | 345.65M | 343.97M | 368.82M | 218.65M | 268.75M | 143.07M | 64.1M | 48.28M | 47.42M | 50.28M | 49.8M | 43.48M | 40.69M | 10.34M | 6.09M |
| Net Debt | 262.89M | 384.42M | 496.97M | 145.74M | 246.48M | 260.61M | 271.69M | 193.34M | 207.1M | 227.93M | 130.33M | 37.41M | 32.38M | 16.9M | 17.26M | -10.33M | -35.05M | -99.43M | -212.89M | -86.59M |
| Debt / Equity | 0.25x | 0.25x | 0.24x | 0.26x | 0.36x | 0.35x | 0.48x | 0.55x | 0.30x | 0.42x | 6.14x | 0.14x | 0.10x | 0.13x | 0.10x | 0.10x | 0.07x | 0.07x | 0.02x | 0.02x |
| Debt / EBITDA | - | - | 5.30x | 1.74x | - | 1.16x | 36.79x | - | 0.78x | 25.91x | 37.59x | 12.69x | 41.23x | - | 5.21x | - | - | 26.99x | 32.40x | 0.51x |
| Net Debt / EBITDA | - | - | 4.84x | 0.70x | - | 0.88x | 29.06x | - | 0.74x | 21.98x | 34.24x | 7.40x | 27.65x | - | 1.79x | - | - | -65.94x | -667.37x | -7.29x |
| Interest Coverage | -37.31x | -66.95x | 9.08x | 20.66x | -19.69x | 28.20x | 1.17x | -11.03x | 42.83x | 2.68x | 0.25x | 0.76x | 3.33x | -36.58x | 1.97x | -7.72x | -2.37x | -2.04x | -0.44x | 54.52x |
| Total Equity | 1.69B | 1.69B | 2.3B | 1.39B | 987.7M | 980.58M | 712.5M | 668.32M | 740.59M | 643M | 23.3M | 471.17M | 470.64M | 357.39M | 494.78M | 509.28M | 650.56M | 565.97M | 629.32M | 348.34M |
| Equity Growth % | 71.12% | 72.29% | 222.95% | 107.74% | 33.37% | 52.5% | 2957.4% | 41.84% | 57.36% | 79.92% | -95.29% | -7.48% | -27.66% | -36.85% | -21.38% | 46.2% | 105.35% | 1441.05% | 1430.71% | 732.47% |
| Book Value per Share | 15.22 | 16.04 | 18.90 | 11.67 | 9.60 | 9.70 | 7.39 | 7.41 | 7.90 | 12.91 | 0.54 | 10.91 | 11.12 | 8.62 | 12.72 | 14.30 | 18.26 | 16.69 | 21.48 | 13.47 |
| Total Shareholders' Equity | 1.38B | 1.42B | 2.01B | 1.27B | 959.99M | 976.67M | 703.91M | 660.14M | 731.98M | 643M | 23.3M | 471.17M | 470.64M | 357.39M | 494.78M | 509.28M | 650.56M | 565.97M | 629.32M | 348.34M |
| Common Stock | 1.13M | 1.1M | 1.48M | 1.04M | 1.04M | 995K | 935K | 909K | 894K | 1.17M | 773.88M | 773.59M | 772M | 767.64M | 725.65M | 714.46M | 670.02M | 636.6M | 560.4M | 349.41M |
| Retained Earnings | -214.37M | 5.48M | 396.79M | 235.05M | 97.74M | 231.63M | 79.41M | 78.76M | 150.62M | -132.19M | -110.87M | -339.28M | -322.57M | -431.07M | -244.41M | -220.62M | -132.55M | -188.26M | -77.08M | -100.46M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accumulated OCI | -19.68M | -10.43M | -29.17M | -4.53M | -44.37M | -45.55M | 312K | -7.61M | -348K | 14.19M | 79K | 22.46M | 8.1M | 2.12M | 0 | 0 | 98.59M | 103.54M | 92.36M | 48.22M |
| Minority Interest | 310.34M | 267.55M | 294.41M | 121.58M | 27.7M | 3.91M | 8.58M | 8.19M | 8.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |