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

MILLER INDUSTRIES INC is the larger business by last-quarter revenue ($171.9M vs $88.5M, roughly 1.9× Hut 8 Corp.). On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs -22.5%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% CAGR vs -29.9%).

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).

Miller Industries is an American tow truck and towing equipment manufacturing company based in the Chattanooga suburb of Ooltewah, Tennessee. Its primary subsidiary, Miller Industries Towing Equipment Inc., manufactures a variety of light- to heavy-duty wreckers, car carriers, and rotators under several brand names, including Century, Vulcan, Chevron, and Holmes. Miller Industries also operates international brands with Boniface (U.K.) and Jige (France). It is listed on the New York Stock Exc...

HUT vs MLR — Head-to-Head

Bigger by revenue
MLR
MLR
1.9× larger
MLR
$171.9M
$88.5M
HUT
Growing faster (revenue YoY)
HUT
HUT
+201.7% gap
HUT
179.2%
-22.5%
MLR
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HUT
HUT
MLR
MLR
Revenue
$88.5M
$171.9M
Net Profit
$-279.7M
Gross Margin
60.4%
15.4%
Operating Margin
-491.4%
2.9%
Net Margin
-316.0%
Revenue YoY
179.2%
-22.5%
Net Profit YoY
-283.7%
EPS (diluted)
$-2.45
$0.29

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
HUT
HUT
MLR
MLR
Q4 25
$88.5M
$171.9M
Q3 25
$83.5M
$178.7M
Q2 25
$41.3M
$214.0M
Q1 25
$21.8M
$225.7M
Q4 24
$31.7M
$221.9M
Q3 24
$43.7M
$314.3M
Q2 24
$35.2M
$371.5M
Q1 24
$51.7M
$349.9M
Net Profit
HUT
HUT
MLR
MLR
Q4 25
$-279.7M
Q3 25
$50.1M
$3.1M
Q2 25
$137.3M
$8.5M
Q1 25
$-133.9M
$8.1M
Q4 24
$152.2M
Q3 24
$647.0K
$15.4M
Q2 24
$-71.9M
$20.5M
Q1 24
$250.9M
$17.0M
Gross Margin
HUT
HUT
MLR
MLR
Q4 25
60.4%
15.4%
Q3 25
61.3%
14.2%
Q2 25
47.3%
16.2%
Q1 25
14.5%
15.0%
Q4 24
35.9%
15.1%
Q3 24
59.9%
13.4%
Q2 24
41.4%
13.8%
Q1 24
45.6%
12.6%
Operating Margin
HUT
HUT
MLR
MLR
Q4 25
-491.4%
2.9%
Q3 25
87.0%
2.4%
Q2 25
5.3%
Q1 25
-676.8%
4.8%
Q4 24
5.7%
Q3 24
-3.6%
6.3%
Q2 24
-246.2%
7.1%
Q1 24
6.1%
Net Margin
HUT
HUT
MLR
MLR
Q4 25
-316.0%
Q3 25
60.0%
1.7%
Q2 25
332.5%
4.0%
Q1 25
-613.7%
3.6%
Q4 24
480.3%
Q3 24
1.5%
4.9%
Q2 24
-204.1%
5.5%
Q1 24
484.9%
4.9%
EPS (diluted)
HUT
HUT
MLR
MLR
Q4 25
$-2.45
$0.29
Q3 25
$0.43
$0.27
Q2 25
$1.18
$0.73
Q1 25
$-1.30
$0.69
Q4 24
$1.41
$0.89
Q3 24
$0.01
$1.33
Q2 24
$-0.78
$1.78
Q1 24
$2.76
$1.47

Balance Sheet & Financial Strength

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

Metric
HUT
HUT
MLR
MLR
Cash + ST InvestmentsLiquidity on hand
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$420.6M
Total Assets
$2.8B
$589.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUT
HUT
MLR
MLR
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
HUT
HUT
MLR
MLR
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
HUT
HUT
MLR
MLR
Q4 25
$1.4B
$420.6M
Q3 25
$1.4B
$420.7M
Q2 25
$1.3B
$418.6M
Q1 25
$960.0M
$406.5M
Q4 24
$976.7M
$401.0M
Q3 24
$703.9M
$395.2M
Q2 24
$660.1M
$379.9M
Q1 24
$732.0M
$362.4M
Total Assets
HUT
HUT
MLR
MLR
Q4 25
$2.8B
$589.7M
Q3 25
$2.7B
$604.3M
Q2 25
$2.0B
$622.9M
Q1 25
$1.6B
$639.7M
Q4 24
$1.5B
$667.0M
Q3 24
$1.1B
$755.3M
Q2 24
$1.1B
$748.2M
Q1 24
$999.0M
$696.5M
Debt / Equity
HUT
HUT
MLR
MLR
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
HUT
HUT
MLR
MLR
Operating Cash FlowLast quarter
$-139.2M
$48.9M
Free Cash FlowOCF − Capex
$43.8M
FCF MarginFCF / Revenue
25.5%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$85.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUT
HUT
MLR
MLR
Q4 25
$-139.2M
$48.9M
Q3 25
$770.0K
$19.9M
Q2 25
$-48.8M
$27.2M
Q1 25
$-33.8M
$2.7M
Q4 24
$-68.5M
$-11.7M
Q3 24
$-4.2M
$30.3M
Q2 24
$-16.4M
$-10.7M
Q1 24
$-26.3M
$9.0M
Free Cash Flow
HUT
HUT
MLR
MLR
Q4 25
$43.8M
Q3 25
$18.1M
Q2 25
$25.6M
Q1 25
$-2.4M
Q4 24
$-13.0M
Q3 24
$24.0M
Q2 24
$-13.8M
Q1 24
$4.3M
FCF Margin
HUT
HUT
MLR
MLR
Q4 25
25.5%
Q3 25
10.1%
Q2 25
11.9%
Q1 25
-1.1%
Q4 24
-5.9%
Q3 24
7.6%
Q2 24
-3.7%
Q1 24
1.2%
Capex Intensity
HUT
HUT
MLR
MLR
Q4 25
3.0%
Q3 25
1.0%
Q2 25
0.8%
Q1 25
2.3%
Q4 24
0.6%
Q3 24
2.0%
Q2 24
0.8%
Q1 24
1.3%
Cash Conversion
HUT
HUT
MLR
MLR
Q4 25
Q3 25
0.02×
6.46×
Q2 25
-0.36×
3.22×
Q1 25
0.34×
Q4 24
-0.45×
Q3 24
-6.49×
1.96×
Q2 24
-0.52×
Q1 24
-0.11×
0.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HUT
HUT

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

MLR
MLR

Segment breakdown not available.

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