Hut 8 Mining (HUT) Revenue & Revenue Breakdown
Hut 8 Mining Revenue Highlights
Latest Revenue (Y)
$150.68M
Latest Revenue (Q)
$22.24M
Main Segment (Y)
Digital assets mined
Hut 8 Mining Revenue by Period
Hut 8 Mining Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-06-30 | $150.68M | -13.29% |
| 2022-06-30 | $173.77M | 326.85% |
| 2020-12-31 | $40.71M | -50.35% |
| 2019-12-31 | $81.99M | 65.84% |
| 2018-12-31 | $49.44M | 100.00% |
| 2017-06-30 | - | 100.00% |
| 2016-06-30 | - | 100.00% |
| 2015-06-30 | - | 100.00% |
| 2014-06-30 | - | 100.00% |
| 2013-06-30 | - | 100.00% |
| 2012-06-30 | - | - |
Hut 8 Mining generated $150.68M in revenue during NA 2022, up -13.29% compared to the previous quarter, and up Infinity% compared to the same period a year ago.
Hut 8 Mining Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-09-30 | $22.24M | 15.92% |
| 2023-06-30 | $19.18M | 0.85% |
| 2023-03-31 | $19.02M | -12.88% |
| 2022-12-31 | $21.83M | -31.06% |
| 2022-09-30 | $31.67M | -27.77% |
| 2022-06-30 | $43.84M | -17.79% |
| 2022-03-31 | $53.33M | -7.89% |
| 2021-12-31 | $57.90M | 15.02% |
| 2021-09-30 | $50.34M | 50.05% |
| 2021-06-30 | $33.55M | 3.18% |
| 2021-03-31 | $32.51M | 150.38% |
| 2020-12-31 | $12.99M | 125.66% |
| 2020-09-30 | $5.75M | -37.65% |
| 2020-06-30 | $9.23M | -27.55% |
| 2020-03-31 | $12.74M | -14.25% |
| 2019-12-31 | $14.86M | -44.46% |
| 2019-09-30 | $26.75M | -5.41% |
| 2019-06-30 | $28.28M | 133.68% |
| 2019-03-31 | $12.10M | -6.87% |
| 2018-12-31 | $12.99M | -26.40% |
| 2018-09-30 | $17.65M | 126.33% |
| 2018-06-30 | $7.80M | -29.02% |
| 2018-03-31 | $10.99M | 100.00% |
| 2017-12-31 | - | 100.00% |
| 2017-09-30 | - | 100.00% |
| 2017-06-30 | - | 100.00% |
| 2017-03-31 | - | 100.00% |
| 2016-12-31 | - | 100.00% |
| 2016-09-30 | - | 100.00% |
| 2016-06-30 | - | 100.00% |
| 2016-03-31 | - | 100.00% |
| 2015-12-31 | - | 100.00% |
| 2015-09-30 | - | 100.00% |
| 2015-06-30 | - | 100.00% |
| 2015-03-31 | - | 100.00% |
| 2014-12-31 | - | 100.00% |
| 2014-09-30 | - | 100.00% |
| 2014-06-30 | - | 100.00% |
| 2014-03-31 | - | 100.00% |
| 2013-12-31 | - | 100.00% |
| 2013-09-30 | - | 100.00% |
| 2013-06-30 | - | 100.00% |
| 2013-03-31 | - | 100.00% |
| 2012-12-31 | - | 100.00% |
| 2012-09-30 | - | 100.00% |
| 2012-06-30 | - | 100.00% |
| 2012-03-31 | - | 100.00% |
| 2011-12-31 | - | - |
Hut 8 Mining generated $22.24M in revenue during Q3 2023, up 15.92% compared to the previous quarter, and up 50.72% compared to the same period a year ago.
Hut 8 Mining Revenue Breakdown
Hut 8 Mining Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 |
|---|---|---|
| Digital assets mined | $133.04M | $165.40M |
| Hosting fees | $751.00K | $8.38M |
Hut 8 Mining's latest annual revenue breakdown by segment (product or service), as of Dec 22: Digital assets mined (99.44%), and Hosting fees (0.56%).
Hut 8 Mining Peer Comparison by Revenue
HUT Revenue FAQ
What is Hut 8 Mining’s yearly revenue?
Hut 8 Mining's yearly revenue for 2022 was $150.68M, representing a decrease of -13.29% compared to 2021. The company's yearly revenue for 2021 was $173.77M, representing an increase of 326.85% compared to 2020. HUT's yearly revenue for 2020 was $40.71M, representing a decrease of -50.35% compared to 2019.
What is Hut 8 Mining’s quarterly revenue?
Hut 8 Mining's quarterly revenue for Q3 2023 was $22.24M, a 15.92% increase from the previous quarter (Q2 2023), and a -29.79% decrease year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $19.18M, a 0.85% increase from the previous quarter (Q1 2023), and a -56.25% decrease year-over-year (Q2 2022). HUT's quarterly revenue for Q1 2023 was $19.02M, a -12.88% decrease from the previous quarter (Q4 2022), and a -64.34% decrease year-over-year (Q1 2022).
What is Hut 8 Mining’s revenue growth rate?
Hut 8 Mining's revenue growth rate for the last 3 years (2020-2022) was 270.13%, and for the last 5 years (2018-2022) was 204.78%.
What are Hut 8 Mining’s revenue streams?
Hut 8 Mining's revenue streams in c 22 are Digital assets mined, and Hosting fees. Digital assets mined generated $133.04M in revenue, accounting 99.44% of the company's total revenue, down -19.56% year-over-year. Hosting fees generated $751K in revenue, accounting 0.56% of the company's total revenue, down -91.03% year-over-year.
What is Hut 8 Mining’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Hut 8 Mining was Digital assets mined. This segment made a revenue of $133.04M, representing 99.44% of the company's total revenue.