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

GRAN TIERRA ENERGY INC. is the larger business by last-quarter revenue ($124.4M vs $88.5M, roughly 1.4× Hut 8 Corp.). GRAN TIERRA ENERGY INC. runs the higher net margin — -113.4% vs -316.0%, a 202.6% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs -15.5%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% CAGR vs -11.1%).

Gran Tierra Energy is an energy company founded by Jeffrey Scott, Dana Coffield, Max Wei, Jim Hart and Rafael Orunesu in May 2005. The company, based in Calgary, Alberta, Canada, focuses on oil and gas exploration, development and production, particularly in South America. The company announced its intentions to merge with Solana Resources on 29 July 2008.

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).

GTE vs HUT — Head-to-Head

Bigger by revenue
GTE
GTE
1.4× larger
GTE
$124.4M
$88.5M
HUT
Growing faster (revenue YoY)
HUT
HUT
+194.7% gap
HUT
179.2%
-15.5%
GTE
Higher net margin
GTE
GTE
202.6% more per $
GTE
-113.4%
-316.0%
HUT
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
-11.1%
GTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GTE
GTE
HUT
HUT
Revenue
$124.4M
$88.5M
Net Profit
$-141.1M
$-279.7M
Gross Margin
60.4%
Operating Margin
-142.9%
-491.4%
Net Margin
-113.4%
-316.0%
Revenue YoY
-15.5%
179.2%
Net Profit YoY
-312.6%
-283.7%
EPS (diluted)
$-3.98
$-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
GTE
GTE
HUT
HUT
Q4 25
$124.4M
$88.5M
Q3 25
$149.3M
$83.5M
Q2 25
$152.5M
$41.3M
Q1 25
$170.5M
$21.8M
Q4 24
$147.3M
$31.7M
Q3 24
$151.4M
$43.7M
Q2 24
$165.6M
$35.2M
Q1 24
$157.6M
$51.7M
Net Profit
GTE
GTE
HUT
HUT
Q4 25
$-141.1M
$-279.7M
Q3 25
$-19.9M
$50.1M
Q2 25
$-12.7M
$137.3M
Q1 25
$-19.3M
$-133.9M
Q4 24
$-34.2M
$152.2M
Q3 24
$1.1M
$647.0K
Q2 24
$36.4M
$-71.9M
Q1 24
$-78.0K
$250.9M
Gross Margin
GTE
GTE
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
GTE
GTE
HUT
HUT
Q4 25
-142.9%
-491.4%
Q3 25
-20.9%
87.0%
Q2 25
-5.3%
Q1 25
-9.2%
-676.8%
Q4 24
-14.9%
Q3 24
14.5%
-3.6%
Q2 24
16.5%
-246.2%
Q1 24
11.0%
Net Margin
GTE
GTE
HUT
HUT
Q4 25
-113.4%
-316.0%
Q3 25
-13.4%
60.0%
Q2 25
-8.4%
332.5%
Q1 25
-11.3%
-613.7%
Q4 24
-23.2%
480.3%
Q3 24
0.7%
1.5%
Q2 24
22.0%
-204.1%
Q1 24
-0.0%
484.9%
EPS (diluted)
GTE
GTE
HUT
HUT
Q4 25
$-3.98
$-2.45
Q3 25
$-0.57
$0.43
Q2 25
$-0.36
$1.18
Q1 25
$-0.54
$-1.30
Q4 24
$-1.10
$1.41
Q3 24
$0.04
$0.01
Q2 24
$1.16
$-0.78
Q1 24
$0.00
$2.76

Balance Sheet & Financial Strength

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

Metric
GTE
GTE
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$82.9M
$44.9M
Total DebtLower is stronger
$686.5M
Stockholders' EquityBook value
$228.7M
$1.4B
Total Assets
$1.6B
$2.8B
Debt / EquityLower = less leverage
3.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTE
GTE
HUT
HUT
Q4 25
$82.9M
$44.9M
Q3 25
$49.1M
$33.5M
Q2 25
$61.0M
$216.3M
Q1 25
$76.6M
$108.4M
Q4 24
$103.4M
$85.0M
Q3 24
$277.6M
Q2 24
$115.3M
Q1 24
$126.6M
$11.5M
Total Debt
GTE
GTE
HUT
HUT
Q4 25
$686.5M
Q3 25
$761.8M
Q2 25
$772.6M
Q1 25
$726.3M
Q4 24
$722.1M
$300.6M
Q3 24
$718.4M
$297.3M
Q2 24
$582.1M
$328.8M
Q1 24
$583.1M
$177.6M
Stockholders' Equity
GTE
GTE
HUT
HUT
Q4 25
$228.7M
$1.4B
Q3 25
$366.0M
$1.4B
Q2 25
$389.8M
$1.3B
Q1 25
$393.8M
$960.0M
Q4 24
$413.6M
$976.7M
Q3 24
$420.9M
$703.9M
Q2 24
$420.9M
$660.1M
Q1 24
$392.0M
$732.0M
Total Assets
GTE
GTE
HUT
HUT
Q4 25
$1.6B
$2.8B
Q3 25
$1.7B
$2.7B
Q2 25
$1.7B
$2.0B
Q1 25
$1.7B
$1.6B
Q4 24
$1.7B
$1.5B
Q3 24
$1.5B
$1.1B
Q2 24
$1.4B
$1.1B
Q1 24
$1.4B
$999.0M
Debt / Equity
GTE
GTE
HUT
HUT
Q4 25
3.00×
Q3 25
2.08×
Q2 25
1.98×
Q1 25
1.84×
Q4 24
1.75×
0.31×
Q3 24
1.71×
0.42×
Q2 24
1.38×
0.50×
Q1 24
1.49×
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
GTE
GTE
HUT
HUT
Operating Cash FlowLast quarter
$157.2M
$-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
GTE
GTE
HUT
HUT
Q4 25
$157.2M
$-139.2M
Q3 25
$48.1M
$770.0K
Q2 25
$34.7M
$-48.8M
Q1 25
$73.2M
$-33.8M
Q4 24
$26.6M
$-68.5M
Q3 24
$78.7M
$-4.2M
Q2 24
$73.2M
$-16.4M
Q1 24
$60.8M
$-26.3M
Cash Conversion
GTE
GTE
HUT
HUT
Q4 25
Q3 25
0.02×
Q2 25
-0.36×
Q1 25
Q4 24
-0.45×
Q3 24
69.42×
-6.49×
Q2 24
2.01×
Q1 24
-0.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTE
GTE

Colombia Segment$89.1M72%
Other$22.9M18%
Ecuador Segment$12.5M10%

HUT
HUT

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

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