Hut 8 (HUT) Margins & Profitability 2023-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 64.1%
EBITDA Margin: -222.3%
Op. Margin: -275.4%
Net Margin: -200.4%

Op. margin of -275.4% is down 730.2% YoY — costs are rising relative to revenue. Net margin at -200.4% and gross margin of 64.1% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit