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Side-by-side financial comparison of Hut 8 Corp. (HUT) and STRATTEC SECURITY CORP (STRT). Click either name above to swap in a different company.

STRATTEC SECURITY CORP is the larger business by last-quarter revenue ($137.5M vs $88.5M, roughly 1.6× Hut 8 Corp.). STRATTEC SECURITY CORP runs the higher net margin — 3.6% vs -316.0%, a 319.6% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs 5.9%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% CAGR vs 7.7%).

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).

STRATTEC Security Corp designs, manufactures and markets mechanical and electronic security access products, including automotive locks, keys, passive entry systems, and trunk release mechanisms. It primarily serves global automotive original equipment manufacturers, heavy-duty vehicle makers, and the automotive aftermarket across North America, Europe and Asia Pacific.

HUT vs STRT — Head-to-Head

Bigger by revenue
STRT
STRT
1.6× larger
STRT
$137.5M
$88.5M
HUT
Growing faster (revenue YoY)
HUT
HUT
+173.4% gap
HUT
179.2%
5.9%
STRT
Higher net margin
STRT
STRT
319.6% more per $
STRT
3.6%
-316.0%
HUT
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
7.7%
STRT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HUT
HUT
STRT
STRT
Revenue
$88.5M
$137.5M
Net Profit
$-279.7M
$4.9M
Gross Margin
60.4%
16.5%
Operating Margin
-491.4%
3.5%
Net Margin
-316.0%
3.6%
Revenue YoY
179.2%
5.9%
Net Profit YoY
-283.7%
275.1%
EPS (diluted)
$-2.45
$1.20

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
STRT
STRT
Q4 25
$88.5M
$137.5M
Q3 25
$83.5M
$152.4M
Q2 25
$41.3M
$152.0M
Q1 25
$21.8M
$144.1M
Q4 24
$31.7M
$129.9M
Q3 24
$43.7M
$139.1M
Q2 24
$35.2M
Q1 24
$51.7M
$140.8M
Net Profit
HUT
HUT
STRT
STRT
Q4 25
$-279.7M
$4.9M
Q3 25
$50.1M
$8.5M
Q2 25
$137.3M
$8.3M
Q1 25
$-133.9M
$5.4M
Q4 24
$152.2M
$1.3M
Q3 24
$647.0K
$3.7M
Q2 24
$-71.9M
Q1 24
$250.9M
$1.5M
Gross Margin
HUT
HUT
STRT
STRT
Q4 25
60.4%
16.5%
Q3 25
61.3%
17.3%
Q2 25
47.3%
16.7%
Q1 25
14.5%
16.0%
Q4 24
35.9%
13.2%
Q3 24
59.9%
13.6%
Q2 24
41.4%
Q1 24
45.6%
10.4%
Operating Margin
HUT
HUT
STRT
STRT
Q4 25
-491.4%
3.5%
Q3 25
87.0%
6.9%
Q2 25
5.6%
Q1 25
-676.8%
4.9%
Q4 24
1.6%
Q3 24
-3.6%
3.6%
Q2 24
-246.2%
Q1 24
1.4%
Net Margin
HUT
HUT
STRT
STRT
Q4 25
-316.0%
3.6%
Q3 25
60.0%
5.6%
Q2 25
332.5%
5.4%
Q1 25
-613.7%
3.7%
Q4 24
480.3%
1.0%
Q3 24
1.5%
2.7%
Q2 24
-204.1%
Q1 24
484.9%
1.1%
EPS (diluted)
HUT
HUT
STRT
STRT
Q4 25
$-2.45
$1.20
Q3 25
$0.43
$2.07
Q2 25
$1.18
$2.02
Q1 25
$-1.30
$1.32
Q4 24
$1.41
$0.32
Q3 24
$0.01
$0.92
Q2 24
$-0.78
Q1 24
$2.76
$0.37

Balance Sheet & Financial Strength

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

Metric
HUT
HUT
STRT
STRT
Cash + ST InvestmentsLiquidity on hand
$44.9M
$99.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$236.8M
Total Assets
$2.8B
$392.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUT
HUT
STRT
STRT
Q4 25
$44.9M
$99.0M
Q3 25
$33.5M
$90.5M
Q2 25
$216.3M
$84.6M
Q1 25
$108.4M
$62.1M
Q4 24
$85.0M
$42.6M
Q3 24
$34.4M
Q2 24
Q1 24
$11.5M
$9.6M
Total Debt
HUT
HUT
STRT
STRT
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
STRT
STRT
Q4 25
$1.4B
$236.8M
Q3 25
$1.4B
$230.5M
Q2 25
$1.3B
$221.6M
Q1 25
$960.0M
$210.7M
Q4 24
$976.7M
$204.5M
Q3 24
$703.9M
$203.0M
Q2 24
$660.1M
Q1 24
$732.0M
$193.8M
Total Assets
HUT
HUT
STRT
STRT
Q4 25
$2.8B
$392.2M
Q3 25
$2.7B
$390.1M
Q2 25
$2.0B
$391.5M
Q1 25
$1.6B
$387.4M
Q4 24
$1.5B
$355.9M
Q3 24
$1.1B
$366.9M
Q2 24
$1.1B
Q1 24
$999.0M
$348.5M
Debt / Equity
HUT
HUT
STRT
STRT
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
STRT
STRT
Operating Cash FlowLast quarter
$-139.2M
$13.9M
Free Cash FlowOCF − Capex
$11.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$67.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUT
HUT
STRT
STRT
Q4 25
$-139.2M
$13.9M
Q3 25
$770.0K
$11.3M
Q2 25
$-48.8M
$30.2M
Q1 25
$-33.8M
$20.7M
Q4 24
$-68.5M
$9.4M
Q3 24
$-4.2M
$11.3M
Q2 24
$-16.4M
Q1 24
$-26.3M
$-309.0K
Free Cash Flow
HUT
HUT
STRT
STRT
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$27.2M
Q1 25
$19.6M
Q4 24
$8.5M
Q3 24
$9.3M
Q2 24
Q1 24
$-2.0M
FCF Margin
HUT
HUT
STRT
STRT
Q4 25
8.2%
Q3 25
6.4%
Q2 25
17.9%
Q1 25
13.6%
Q4 24
6.6%
Q3 24
6.7%
Q2 24
Q1 24
-1.4%
Capex Intensity
HUT
HUT
STRT
STRT
Q4 25
1.9%
Q3 25
1.0%
Q2 25
2.0%
Q1 25
0.8%
Q4 24
0.7%
Q3 24
1.5%
Q2 24
Q1 24
1.2%
Cash Conversion
HUT
HUT
STRT
STRT
Q4 25
2.81×
Q3 25
0.02×
1.33×
Q2 25
-0.36×
3.65×
Q1 25
3.84×
Q4 24
-0.45×
7.16×
Q3 24
-6.49×
3.06×
Q2 24
Q1 24
-0.11×
-0.21×

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%

STRT
STRT

Door Handles And Exterior Trim$35.0M25%
Power Access Solutions$34.5M25%
Keys And Locksets$26.8M19%
Latches$16.3M12%
User Interface Controls$12.5M9%
Aftermarket And Service$9.4M7%
Other Product$3.1M2%
Related Party$1.3M1%

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