The earnings call highlighted significant achievements, including substantial revenue growth, a positive net income, and successful Bitcoin mining operations. However, challenges were noted in the Power and Digital Infrastructure segments due to the termination of agreements, which led to revenue declines. Despite these challenges, the overall sentiment is positive due to the strong financial performance and strategic progress.

Company Guidance

During the Hut 8 Second Quarter 2025 Earnings Conference Call, the company provided several key metrics highlighting their financial performance and strategic advancements. Hut 8 reported a revenue of $41.3 million for the quarter, marking a 17% year-over-year increase. This growth was largely driven by infrastructure and ASIC fleet upgrades, leading to a $16.4 million uplift in Bitcoin mining revenue within their Compute segment. The company's net income soared to $137.3 million from a loss of $71.9 million in the prior year, while adjusted EBITDA reached $221.2 million, compared to a loss of $57.5 million the previous year. A notable $217.6 million gain on digital assets was recorded, reflecting significant financial progress. Additionally, Hut 8 emphasized their strategic shift towards contracted assets, achieving approximately 90% commercialization of their energy capacity under management through executed agreements as of quarter-end, up from less than 30% in Q2 2024. The launch of American Bitcoin, a majority-owned subsidiary, was a pivotal development, with its operations contributing to the Compute segment's growth, albeit with intercompany transactions eliminated in consolidation. The company also expanded its power generation capacity through five-year contracts, reinforcing revenue predictability and long-term capital planning.

Significant Year-Over-Year Revenue Growth

Hut 8 delivered $41.3 million in revenue for Q2 2025, marking a 17% increase year-over-year, driven by infrastructure and ASIC fleet upgrades.

Strong Net Income and Adjusted EBITDA

Net income attributable to Hut 8 was $137.3 million compared to a loss of $71.9 million in the prior year. Adjusted EBITDA was $221.2 million versus a loss of $57.5 million the previous year.

Successful Bitcoin Mining Operations

American Bitcoin commenced Bitcoin mining operations, contributing significantly to the Compute segment with a $16.4 million uplift in Bitcoin mining revenue.

Successful Asset Commercialization

The company executed contracts for 130+ megawatts of managed services and ASIC colocation, securing 5-year capacity agreements for 310 megawatts of power generation capacity.

American Bitcoin Public Listing Progress

The go-public transaction for American Bitcoin is progressing well, with a major milestone achieved as the Form S-4 was declared effective by the SEC.

Hut 8 (TSE:HUT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:HUT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 12, 2025	2025 (Q3)	-0.16 / -	0.014	―	―	―
Aug 07, 2025	2025 (Q2)	1.61 / 1.62	-1.07	251.78% (+2.69)	―	―
May 08, 2025	2025 (Q1)	-0.15 / -1.81	3.762	-148.03% (-5.57)	―	―
Mar 03, 2025	2024 (Q4)	0.05 / 2.08	-4.5	146.24% (+6.58)	―	―
Nov 13, 2024	2024 (Q3)	-0.40 / 0.01	-0.6	102.33% (+0.61)	―	―
Aug 13, 2024	2024 (Q2)	-0.04 / -1.07	-2.45	56.33% (+1.38)	―	―
May 15, 2024	2024 (Q1)	0.50 / 3.76	1.55	142.71% (+2.21)	―	―
Mar 28, 2024	2023 (Q4)	- / -4.50	-4.5	0.00% (0.00)	―	―
Nov 14, 2023	2023 (Q3)	-0.32 / -1.20	-0.6	-100.00% (-0.60)	―	―
Aug 14, 2023	2023 (Q2)	-0.38 / -0.40	-2.45	83.67% (+2.05)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:HUT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	C$28.44	C$27.51	-3.27%
May 08, 2025	C$17.45	C$19.72	+13.01%
Mar 03, 2025	C$21.33	C$20.40	-4.36%
Nov 13, 2024	C$33.27	C$34.72	+4.36%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hut 8 (TSE:HUT) report earnings?

Hut 8 (TSE:HUT) is schdueled to report earning on Nov 12, 2025, Before Open (Confirmed).

What is Hut 8 (TSE:HUT) earnings time?

Hut 8 (TSE:HUT) earnings time is at Nov 12, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:HUT EPS forecast?

TSE:HUT EPS forecast for the fiscal quarter 2025 (Q3) is -0.16.

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