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Side-by-side financial comparison of EXPONENT INC (EXPO) and Hut 8 Corp. (HUT). Click either name above to swap in a different company.

EXPONENT INC is the larger business by last-quarter revenue ($147.4M vs $88.5M, roughly 1.7× Hut 8 Corp.). EXPONENT INC runs the higher net margin — 16.8% vs -316.0%, a 332.8% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs 7.8%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% CAGR vs 0.9%).

Exponent, Inc. is an American engineering and scientific consulting firm. Exponent has a team of scientists, physicians, engineers, and business consultants which performs research and analysis in more than 90 technical disciplines. The company operates 20 offices in the United States and five offices overseas.

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).

EXPO vs HUT — Head-to-Head

Bigger by revenue
EXPO
EXPO
1.7× larger
EXPO
$147.4M
$88.5M
HUT
Growing faster (revenue YoY)
HUT
HUT
+171.4% gap
HUT
179.2%
7.8%
EXPO
Higher net margin
EXPO
EXPO
332.8% more per $
EXPO
16.8%
-316.0%
HUT
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
0.9%
EXPO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXPO
EXPO
HUT
HUT
Revenue
$147.4M
$88.5M
Net Profit
$24.8M
$-279.7M
Gross Margin
60.4%
Operating Margin
19.8%
-491.4%
Net Margin
16.8%
-316.0%
Revenue YoY
7.8%
179.2%
Net Profit YoY
5.0%
-283.7%
EPS (diluted)
$0.49
$-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
EXPO
EXPO
HUT
HUT
Q4 25
$147.1M
$88.5M
Q3 25
$142.0M
$83.5M
Q2 25
$145.5M
$41.3M
Q1 25
$136.8M
$21.8M
Q4 24
$31.7M
Q3 24
$136.3M
$43.7M
Q2 24
$140.5M
$35.2M
Q1 24
$144.9M
$51.7M
Net Profit
EXPO
EXPO
HUT
HUT
Q4 25
$28.0M
$-279.7M
Q3 25
$26.6M
$50.1M
Q2 25
$26.6M
$137.3M
Q1 25
$23.6M
$-133.9M
Q4 24
$152.2M
Q3 24
$26.0M
$647.0K
Q2 24
$29.2M
$-71.9M
Q1 24
$30.1M
$250.9M
Gross Margin
EXPO
EXPO
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
EXPO
EXPO
HUT
HUT
Q4 25
19.7%
-491.4%
Q3 25
12.1%
87.0%
Q2 25
30.5%
Q1 25
19.9%
-676.8%
Q4 24
Q3 24
19.0%
-3.6%
Q2 24
25.4%
-246.2%
Q1 24
21.2%
Net Margin
EXPO
EXPO
HUT
HUT
Q4 25
19.1%
-316.0%
Q3 25
18.7%
60.0%
Q2 25
18.3%
332.5%
Q1 25
17.2%
-613.7%
Q4 24
480.3%
Q3 24
19.1%
1.5%
Q2 24
20.8%
-204.1%
Q1 24
20.8%
484.9%
EPS (diluted)
EXPO
EXPO
HUT
HUT
Q4 25
$0.55
$-2.45
Q3 25
$0.52
$0.43
Q2 25
$0.52
$1.18
Q1 25
$0.45
$-1.30
Q4 24
$1.41
Q3 24
$0.50
$0.01
Q2 24
$0.57
$-0.78
Q1 24
$0.59
$2.76

Balance Sheet & Financial Strength

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

Metric
EXPO
EXPO
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$221.9M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$390.3M
$1.4B
Total Assets
$777.5M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPO
EXPO
HUT
HUT
Q4 25
$207.4M
$44.9M
Q3 25
$231.8M
$33.5M
Q2 25
$245.1M
$216.3M
Q1 25
$258.9M
$108.4M
Q4 24
$85.0M
Q3 24
$219.7M
Q2 24
$203.3M
Q1 24
$168.7M
$11.5M
Total Debt
EXPO
EXPO
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
EXPO
EXPO
HUT
HUT
Q4 25
$402.9M
$1.4B
Q3 25
$427.8M
$1.4B
Q2 25
$441.4M
$1.3B
Q1 25
$421.1M
$960.0M
Q4 24
$976.7M
Q3 24
$410.3M
$703.9M
Q2 24
$393.2M
$660.1M
Q1 24
$374.3M
$732.0M
Total Assets
EXPO
EXPO
HUT
HUT
Q4 25
$761.4M
$2.8B
Q3 25
$759.4M
$2.7B
Q2 25
$763.2M
$2.0B
Q1 25
$777.3M
$1.6B
Q4 24
$1.5B
Q3 24
$744.1M
$1.1B
Q2 24
$709.2M
$1.1B
Q1 24
$629.4M
$999.0M
Debt / Equity
EXPO
EXPO
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
EXPO
EXPO
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
EXPO
EXPO
HUT
HUT
Q4 25
$32.7M
$-139.2M
Q3 25
$36.2M
$770.0K
Q2 25
$7.3M
$-48.8M
Q1 25
$56.1M
$-33.8M
Q4 24
$-68.5M
Q3 24
$29.7M
$-4.2M
Q2 24
$48.3M
$-16.4M
Q1 24
$10.4M
$-26.3M
Free Cash Flow
EXPO
EXPO
HUT
HUT
Q4 25
$30.0M
Q3 25
$33.9M
Q2 25
$5.5M
Q1 25
$53.5M
Q4 24
Q3 24
$28.0M
Q2 24
$47.2M
Q1 24
$8.9M
FCF Margin
EXPO
EXPO
HUT
HUT
Q4 25
20.4%
Q3 25
23.9%
Q2 25
3.8%
Q1 25
39.1%
Q4 24
Q3 24
20.5%
Q2 24
33.6%
Q1 24
6.2%
Capex Intensity
EXPO
EXPO
HUT
HUT
Q4 25
1.8%
Q3 25
1.6%
Q2 25
1.2%
Q1 25
1.9%
Q4 24
Q3 24
1.3%
Q2 24
0.8%
Q1 24
1.0%
Cash Conversion
EXPO
EXPO
HUT
HUT
Q4 25
1.16×
Q3 25
1.36×
0.02×
Q2 25
0.27×
-0.36×
Q1 25
2.38×
Q4 24
-0.45×
Q3 24
1.14×
-6.49×
Q2 24
1.65×
Q1 24
0.35×
-0.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXPO
EXPO

Revenues before reimbursements$129.4M88%
Reimbursements$18.0M12%

HUT
HUT

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

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