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Side-by-side financial comparison of Dingdong (Cayman) Ltd (DDL) and Hut 8 Corp. (HUT). Click either name above to swap in a different company.

Dingdong (Cayman) Ltd is the larger business by last-quarter revenue ($115.3M vs $88.5M, roughly 1.3× Hut 8 Corp.). Dingdong (Cayman) Ltd runs the higher net margin — 5.8% vs -316.0%, a 321.9% gap on every dollar of revenue.

Dingdong (Cayman) Ltd operates a leading on-demand grocery e-commerce platform primarily serving the Chinese market. It provides fresh produce, daily necessities, ready-to-eat meals, and household staples to urban consumers, leveraging optimized supply chains and localized logistics networks to offer fast, reliable 30-minute delivery services, prioritizing product freshness and user convenience.

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).

DDL vs HUT — Head-to-Head

Bigger by revenue
DDL
DDL
1.3× larger
DDL
$115.3M
$88.5M
HUT
Higher net margin
DDL
DDL
321.9% more per $
DDL
5.8%
-316.0%
HUT

Income Statement — Q3 FY2022 vs Q4 FY2025

Metric
DDL
DDL
HUT
HUT
Revenue
$115.3M
$88.5M
Net Profit
$6.7M
$-279.7M
Gross Margin
60.4%
Operating Margin
5.3%
-491.4%
Net Margin
5.8%
-316.0%
Revenue YoY
179.2%
Net Profit YoY
-283.7%
EPS (diluted)
$-0.02
$-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
DDL
DDL
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
$51.7M
Net Profit
DDL
DDL
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
$250.9M
Gross Margin
DDL
DDL
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
DDL
DDL
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
Net Margin
DDL
DDL
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
484.9%
EPS (diluted)
DDL
DDL
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
$2.76

Balance Sheet & Financial Strength

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

Metric
DDL
DDL
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$113.7M
$44.9M
Total DebtLower is stronger
$135.8K
Stockholders' EquityBook value
$4.5M
$1.4B
Total Assets
$178.3M
$2.8B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DDL
DDL
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
DDL
DDL
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
DDL
DDL
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
$732.0M
Total Assets
DDL
DDL
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
$999.0M
Debt / Equity
DDL
DDL
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
DDL
DDL
HUT
HUT
Operating Cash FlowLast quarter
$-139.2M
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
DDL
DDL
HUT
HUT
Q4 25
$-139.2M
Q3 25
$770.0K
Q2 25
$-48.8M
Q1 25
$-33.8M
Q4 24
$-68.5M
Q3 24
$-4.2M
Q2 24
$-16.4M
Q1 24
$-26.3M
Cash Conversion
DDL
DDL
HUT
HUT
Q4 25
Q3 25
0.02×
Q2 25
-0.36×
Q1 25
Q4 24
-0.45×
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

DDL
DDL

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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