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

Hut 8 Corp. is the larger business by last-quarter revenue ($88.5M vs $255.0K, roughly 347.0× Strive, Inc.). Hut 8 Corp. runs the higher net margin — -316.0% vs -75406.7%, a 75090.6% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs -74.1%). Over the past eight quarters, Strive, Inc.'s revenue compounded faster (105.9% CAGR vs 30.8%).

Strive Asset Management is an American investment management firm founded in 2022. The firm operates mutual funds, exchange-traded products (ETPs), and wealth management services. Headquartered in Columbus, Ohio, it operates as a subsidiary of Strive Enterprises, Inc. and is registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser.

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).

ASST vs HUT — Head-to-Head

Bigger by revenue
HUT
HUT
347.0× larger
HUT
$88.5M
$255.0K
ASST
Growing faster (revenue YoY)
HUT
HUT
+253.3% gap
HUT
179.2%
-74.1%
ASST
Higher net margin
HUT
HUT
75090.6% more per $
HUT
-316.0%
-75406.7%
ASST
Faster 2-yr revenue CAGR
ASST
ASST
Annualised
ASST
105.9%
30.8%
HUT

Income Statement — Q3 2025 vs Q4 2025

Metric
ASST
ASST
HUT
HUT
Revenue
$255.0K
$88.5M
Net Profit
$-192.3M
$-279.7M
Gross Margin
60.4%
Operating Margin
-17288.6%
-491.4%
Net Margin
-75406.7%
-316.0%
Revenue YoY
-74.1%
179.2%
Net Profit YoY
-2726.9%
-283.7%
EPS (diluted)
$-0.22
$-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
ASST
ASST
HUT
HUT
Q4 25
$88.5M
Q3 25
$255.0K
$83.5M
Q2 25
$173.3K
$41.3M
Q1 25
$170.7K
$21.8M
Q4 24
$212.8K
$31.7M
Q3 24
$43.7M
Q2 24
$93.0K
$35.2M
Q1 24
$124.8K
$51.7M
Net Profit
ASST
ASST
HUT
HUT
Q4 25
$-279.7M
Q3 25
$-192.3M
$50.1M
Q2 25
$-8.9M
$137.3M
Q1 25
$-3.7M
$-133.9M
Q4 24
$-4.1M
$152.2M
Q3 24
$647.0K
Q2 24
$-5.9M
$-71.9M
Q1 24
$-4.8M
$250.9M
Gross Margin
ASST
ASST
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
ASST
ASST
HUT
HUT
Q4 25
-491.4%
Q3 25
-17288.6%
87.0%
Q2 25
-1553.9%
Q1 25
-970.5%
-676.8%
Q4 24
-5889.5%
Q3 24
-3.6%
Q2 24
-1857.2%
-246.2%
Q1 24
-1110.9%
Net Margin
ASST
ASST
HUT
HUT
Q4 25
-316.0%
Q3 25
-75406.7%
60.0%
Q2 25
-5122.4%
332.5%
Q1 25
-2195.6%
-613.7%
Q4 24
-1935.5%
480.3%
Q3 24
1.5%
Q2 24
-6313.1%
-204.1%
Q1 24
-3837.7%
484.9%
EPS (diluted)
ASST
ASST
HUT
HUT
Q4 25
$-2.45
Q3 25
$-0.22
$0.43
Q2 25
$-0.17
$1.18
Q1 25
$-0.13
$-1.30
Q4 24
$-5.62
$1.41
Q3 24
$0.01
Q2 24
$-0.58
$-0.78
Q1 24
$-0.49
$2.76

Balance Sheet & Financial Strength

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

Metric
ASST
ASST
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$109.1M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$779.4M
$1.4B
Total Assets
$792.6M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASST
ASST
HUT
HUT
Q4 25
$44.9M
Q3 25
$109.1M
$33.5M
Q2 25
$2.5M
$216.3M
Q1 25
$4.2M
$108.4M
Q4 24
$6.2M
$85.0M
Q3 24
Q2 24
$1.9M
Q1 24
$1.9M
$11.5M
Total Debt
ASST
ASST
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
ASST
ASST
HUT
HUT
Q4 25
$1.4B
Q3 25
$779.4M
$1.4B
Q2 25
$10.7M
$1.3B
Q1 25
$19.6M
$960.0M
Q4 24
$23.3M
$976.7M
Q3 24
$703.9M
Q2 24
$5.4M
$660.1M
Q1 24
$11.3M
$732.0M
Total Assets
ASST
ASST
HUT
HUT
Q4 25
$2.8B
Q3 25
$792.6M
$2.7B
Q2 25
$3.3M
$2.0B
Q1 25
$5.0M
$1.6B
Q4 24
$28.2M
$1.5B
Q3 24
$1.1B
Q2 24
$2.4M
$1.1B
Q1 24
$2.1M
$999.0M
Debt / Equity
ASST
ASST
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
ASST
ASST
HUT
HUT
Operating Cash FlowLast quarter
$-14.0M
$-57.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASST
ASST
HUT
HUT
Q4 25
$-57.4M
Q3 25
$-14.0M
$770.0K
Q2 25
$-1.7M
$-48.8M
Q1 25
$-1.6M
$-33.8M
Q4 24
$-6.1M
$-21.6M
Q3 24
$-4.2M
Q2 24
$-1.3M
$-16.4M
Q1 24
$-1.0M
$-26.3M
Free Cash Flow
ASST
ASST
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-6.2M
Q3 24
Q2 24
$-1.3M
Q1 24
$-1.1M
FCF Margin
ASST
ASST
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-2937.1%
Q3 24
Q2 24
-1379.4%
Q1 24
-844.7%
Capex Intensity
ASST
ASST
HUT
HUT
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
82.7%
Q3 24
Q2 24
3.1%
Q1 24
9.5%
Cash Conversion
ASST
ASST
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

ASST
ASST

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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