)
Hut 8 (HUT) investor relations material
Hut 8 Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q3 2025 reached $83.5 million, a 91% year-over-year increase, driven by expansion in Bitcoin mining, compute, and platform synergies.
Net income surged to $50.6 million from $0.9 million in the prior year, with Adjusted EBITDA at $109 million, up from $5.6 million, reflecting significant gains on digital assets.
Launched a multi-site expansion program spanning four U.S. locations with 1,530 MW of utility capacity, advancing a development pipeline exceeding 8.6 GW.
Strategic Bitcoin reserve reached 13,696 BTC, valued at $1.6 billion as of September 30, 2025.
The company’s strategy centers on a power-first, integrated platform, leveraging energy capacity to scale across power, digital infrastructure, and compute.
Financial highlights
Revenue: $83.5 million, up 91% year-over-year, with compute segment revenue at $70 million and digital infrastructure at $5.1 million.
Net income: $50.6 million, up from $0.9 million year-over-year.
Adjusted EBITDA: $109 million, up from $5.6 million year-over-year.
$76.6 million gain on digital assets, compared to a $1.6 million loss in the prior year.
American Bitcoin segment reported $64.2 million in revenue and 56% gross margin for Q3 2025.
Outlook and guidance
Focus remains on commercializing the 1,530 MW expansion portfolio and executing across the broader 8,650 MW+ development pipeline.
2026 is expected to be a year of execution, with emphasis on delivering on data center projects and providing transparency on pipeline progress.
The company aims to maintain discipline in capital deployment, prioritizing long-term value over short-term gains.
Near-term growth runway expanded with the launch of a multi-site expansion program.
Focus on securing power assets to support high-performance computing and Bitcoin mining.
Next Hut 8 earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)