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Side-by-side financial comparison of AIxCrypto Holdings, Inc. (AIXC) and Hut 8 Corp. (HUT). Click either name above to swap in a different company.

AIxCrypto Holdings, Inc. runs the higher net margin — 1488.6% vs -316.0%, a 1804.6% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs -108.5%).

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).

AIXC vs HUT — Head-to-Head

Bigger by revenue
HUT
HUT
-648.0× larger
HUT
$88.5M
$-136.6K
AIXC
Growing faster (revenue YoY)
HUT
HUT
+287.7% gap
HUT
179.2%
-108.5%
AIXC
Higher net margin
AIXC
AIXC
1804.6% more per $
AIXC
1488.6%
-316.0%
HUT

Income Statement — Q1 2024 vs Q4 2025

Metric
AIXC
AIXC
HUT
HUT
Revenue
$-136.6K
$88.5M
Net Profit
$-2.0M
$-279.7M
Gross Margin
60.4%
Operating Margin
1041.1%
-491.4%
Net Margin
1488.6%
-316.0%
Revenue YoY
-108.5%
179.2%
Net Profit YoY
47.1%
-283.7%
EPS (diluted)
$-17.60
$-2.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIXC
AIXC
HUT
HUT
Q4 25
$88.5M
Q3 25
$83.5M
Q2 25
$41.3M
Q1 25
$21.8M
Q4 24
$31.7M
Q3 24
$43.7M
Q2 24
$35.2M
Q1 24
$-136.6K
$51.7M
Net Profit
AIXC
AIXC
HUT
HUT
Q4 25
$-279.7M
Q3 25
$50.1M
Q2 25
$137.3M
Q1 25
$-133.9M
Q4 24
$152.2M
Q3 24
$647.0K
Q2 24
$-71.9M
Q1 24
$-2.0M
$250.9M
Gross Margin
AIXC
AIXC
HUT
HUT
Q4 25
60.4%
Q3 25
61.3%
Q2 25
47.3%
Q1 25
14.5%
Q4 24
35.9%
Q3 24
59.9%
Q2 24
41.4%
Q1 24
45.6%
Operating Margin
AIXC
AIXC
HUT
HUT
Q4 25
-491.4%
Q3 25
87.0%
Q2 25
Q1 25
-676.8%
Q4 24
Q3 24
-3.6%
Q2 24
-246.2%
Q1 24
1041.1%
Net Margin
AIXC
AIXC
HUT
HUT
Q4 25
-316.0%
Q3 25
60.0%
Q2 25
332.5%
Q1 25
-613.7%
Q4 24
480.3%
Q3 24
1.5%
Q2 24
-204.1%
Q1 24
1488.6%
484.9%
EPS (diluted)
AIXC
AIXC
HUT
HUT
Q4 25
$-2.45
Q3 25
$0.43
Q2 25
$1.18
Q1 25
$-1.30
Q4 24
$1.41
Q3 24
$0.01
Q2 24
$-0.78
Q1 24
$-17.60
$2.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIXC
AIXC
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-3.5M
$1.4B
Total Assets
$1.0M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIXC
AIXC
HUT
HUT
Q4 25
$44.9M
Q3 25
$33.5M
Q2 25
$216.3M
Q1 25
$108.4M
Q4 24
$85.0M
Q3 24
Q2 24
Q1 24
$11.5M
Total Debt
AIXC
AIXC
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$300.6M
Q3 24
$297.3M
Q2 24
$328.8M
Q1 24
$177.6M
Stockholders' Equity
AIXC
AIXC
HUT
HUT
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$960.0M
Q4 24
$976.7M
Q3 24
$703.9M
Q2 24
$660.1M
Q1 24
$-3.5M
$732.0M
Total Assets
AIXC
AIXC
HUT
HUT
Q4 25
$2.8B
Q3 25
$2.7B
Q2 25
$2.0B
Q1 25
$1.6B
Q4 24
$1.5B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.0M
$999.0M
Debt / Equity
AIXC
AIXC
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.31×
Q3 24
0.42×
Q2 24
0.50×
Q1 24
0.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIXC
AIXC
HUT
HUT
Operating Cash FlowLast quarter
$-783.6K
$-57.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIXC
AIXC
HUT
HUT
Q4 25
$-57.4M
Q3 25
$770.0K
Q2 25
$-48.8M
Q1 25
$-33.8M
Q4 24
$-21.6M
Q3 24
$-4.2M
Q2 24
$-16.4M
Q1 24
$-783.6K
$-26.3M
Cash Conversion
AIXC
AIXC
HUT
HUT
Q4 25
Q3 25
0.02×
Q2 25
-0.36×
Q1 25
Q4 24
-0.14×
Q3 24
-6.49×
Q2 24
Q1 24
-0.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIXC
AIXC

Segment breakdown not available.

HUT
HUT

High Performance Computing Colocation And Cloud$81.9M93%
Power$5.0M6%
Digital Infrastructure$1.6M2%

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