Companies: 10,795·Total market cap: $144.5T
Hut 8 Mining Corp.

Hut 8 Mining Corp.

HUT.TOTSXFinancial Services● Active
$156.37
$-21.13(-11.90%)
Market Cap$17.6B
P/E Ratio—
52W High$194.28
52W Low$21.03
Overview

Hut 8 Mining Corp. (HUT.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

HUT.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was −$362.4M for FY2025 (fiscal year ending 2025-12-31), down 8.8% year-over-year The FCF margin was -151.5%.

FY2025 Free Cash Flow−$362.4M▼ -8.8% YoY
Trailing 12M (TTM)−$322.4Mtrailing 4 quarters sum
FCF Margin-151.5%−$362.4M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
hut.to free cash flow history · hut.to free cash flow chart · hut.to free cash flow growth rate · hut.to free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest−$362.4M▼ 8.8%-151.5%
FY2024−$333.1M▼ 1120.4%-49.6%
FY2023−$27.3M▲ +84.6%-33.4%
FY2023−$177.7M▼ 6.6%-113.3%
FY2022−$166.7M▼ 2246.5%—
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
hut.to free cash flow 2025 · hut.to free cash flow 2024 · hut.to free cash flow 2023 · hut.to operating cash flow

FCF valuation metrics

Hut 8 Mining Corp. (HUT.TO) reported negative free cash flow of −$0.36B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)
N/A
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
N/A
TTM FCF ÷ Shares Outstanding
Price / FCF
N/A
Share Price ÷ FCF per Share
EV / FCF (TTM)
N/A
Enterprise Value basis
!

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
hut.to price to free cash flow · hut.to free cash flow yield · hut.to free cash flow per share · hut.to price to cash flow ratio

Cash flow statement summary

For FY2025, Hut 8 Mining Corp. generated −$141.7M in operating cash flow and spent 221M in capital expenditures, yielding −$362.4M in free cash flow.

Operating Activities
−$141.7M
Cash from core business operations
2025-12-31
Investing Activities
−$767.4M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
+$871.1M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF (−$141.7M) − |CapEx| (221M) = FCF (−$362.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
hut.to cash flow statement · hut.to cash flow statement 2025 · hut.to operating cash flow · hut.to cash flow from operations

Free cash flow vs peers (Financial Services)

#CompanyFree Cash FlowYoY
#1
Hut 8 Mining Corp.
Hut 8 Mining Corp.YOU
HUT.TO
−$362.4M-8.8%
#2
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$100.87B+340.1%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$25.04B+115.6%#4
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$25.04B+115.6%#5
Visa Inc.
Visa Inc.
V
$21.58B+15.4%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$16.91B+18.2%
Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Hut 8 Mining Corp. (HUT.TO) reported free cash flow of −$362.4M for FY2025 (fiscal year ending 2025-12-31), down 8.8% year-over-year. The FCF margin was -151.5%.

Based on available data, Hut 8 Mining Corp. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $5.3M in FY2019.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

HUT.TO free cash flow · 8 questions

Hut 8 Mining Corp. free cash flow was −$362.4M for FY2025, down 8.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$322.4M.

HUT.TO free cash flowHUT.TO FCFHUT.TO FCF 2025HUT.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Hut 8 Mining Corp. · Hut 8 Mining Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026