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Hut 8 Corp.

Hut 8 Corp.HUTEarnings & Financial Report

Nasdaq

Tropical Hut is a Filipino chain of fast food restaurants owned by Mercury Group of Companies, Inc. It is the 7th oldest food chain in the Philippines and older than Jollibee (1978) and McDonald's Philippines (1981).

NextMar 13, 2026

HUT Q3 2025 Key Financial Metrics

Revenue

$83.5M

Gross Profit

$51.2M

Operating Profit

$72.7M

Net Profit

$50.1M

Gross Margin

61.3%

Operating Margin

87.0%

Net Margin

60.0%

YoY Growth

90.9%

EPS

$0.43

Financial Flow

Hut 8 Corp. Q3 2025 Financial Summary

Hut 8 Corp. reported revenue of $83.5M for Q3 2025, with a net profit of $50.1M (60.0% margin). Cost of goods sold was $32.3M, operating expenses totaled $-21.5M.

Key Financial Metrics

Total Revenue$83.5M
Net Profit$50.1M
Gross Margin61.3%
Operating Margin87.0%
Report PeriodQ3 2025

Hut 8 Corp. Annual Revenue by Year

Hut 8 Corp. annual revenue history includes year-by-year totals (for example, 2024 revenue was $162.4M).

YearAnnual Revenue
2024$162.4M

Income Statement

Q3 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$21.7M$51.7M$35.2M$43.7M$31.7M$21.8M$41.3M$83.5M
YoY Growth-35.3%230.7%71.5%101.5%N/A-57.8%17.3%90.9%

Balance Sheet

Q3 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$179.1M$999.0M$1.09B$1.10B$1.52B$1.57B$2.02B$2.69B
Liabilities$155.8M$258.4M$418.7M$386.7M$538.3M$584.2M$633.0M$1.03B
Equity$23.3M$732.0M$660.1M$703.9M$976.7M$960.0M$1.27B$1.44B

Cash Flow

Q3 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$2.2M$-26.3M$-16.4M$-4.2M$-21.6M$-33.8M$-48.8M$770000