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Side-by-side financial comparison of Hut 8 Corp. (HUT) and UNITED STATES LIME & MINERALS INC (USLM). Click either name above to swap in a different company.

Hut 8 Corp. is the larger business by last-quarter revenue ($88.5M vs $87.9M, roughly 1.0× UNITED STATES LIME & MINERALS INC). UNITED STATES LIME & MINERALS INC runs the higher net margin — 34.7% vs -316.0%, a 350.8% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs 9.8%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% CAGR vs 10.8%).

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).

United States Lime & Minerals Inc is a leading US-based natural resources enterprise that produces high-calcium lime, dolomitic lime, limestone and related mineral products. Its core client segments cover infrastructure construction, steel manufacturing, agricultural soil amendment, environmental emission control and industrial processing, serving customers across North America.

HUT vs USLM — Head-to-Head

Bigger by revenue
HUT
HUT
1.0× larger
HUT
$88.5M
$87.9M
USLM
Growing faster (revenue YoY)
HUT
HUT
+169.4% gap
HUT
179.2%
9.8%
USLM
Higher net margin
USLM
USLM
350.8% more per $
USLM
34.7%
-316.0%
HUT
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
10.8%
USLM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HUT
HUT
USLM
USLM
Revenue
$88.5M
$87.9M
Net Profit
$-279.7M
$30.5M
Gross Margin
60.4%
48.0%
Operating Margin
-491.4%
41.0%
Net Margin
-316.0%
34.7%
Revenue YoY
179.2%
9.8%
Net Profit YoY
-283.7%
13.2%
EPS (diluted)
$-2.45
$1.06

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
USLM
USLM
Q4 25
$88.5M
$87.9M
Q3 25
$83.5M
$102.0M
Q2 25
$41.3M
$91.5M
Q1 25
$21.8M
$91.3M
Q4 24
$31.7M
$80.1M
Q3 24
$43.7M
$89.4M
Q2 24
$35.2M
$76.5M
Q1 24
$51.7M
$71.7M
Net Profit
HUT
HUT
USLM
USLM
Q4 25
$-279.7M
$30.5M
Q3 25
$50.1M
$38.8M
Q2 25
$137.3M
$30.8M
Q1 25
$-133.9M
$34.1M
Q4 24
$152.2M
$27.0M
Q3 24
$647.0K
$33.4M
Q2 24
$-71.9M
$26.1M
Q1 24
$250.9M
$22.4M
Gross Margin
HUT
HUT
USLM
USLM
Q4 25
60.4%
48.0%
Q3 25
61.3%
51.2%
Q2 25
47.3%
45.8%
Q1 25
14.5%
50.6%
Q4 24
35.9%
44.3%
Q3 24
59.9%
48.2%
Q2 24
41.4%
45.5%
Q1 24
45.6%
42.7%
Operating Margin
HUT
HUT
USLM
USLM
Q4 25
-491.4%
41.0%
Q3 25
87.0%
45.3%
Q2 25
39.0%
Q1 25
-676.8%
43.7%
Q4 24
38.8%
Q3 24
-3.6%
42.6%
Q2 24
-246.2%
39.1%
Q1 24
35.9%
Net Margin
HUT
HUT
USLM
USLM
Q4 25
-316.0%
34.7%
Q3 25
60.0%
38.0%
Q2 25
332.5%
33.7%
Q1 25
-613.7%
37.4%
Q4 24
480.3%
33.7%
Q3 24
1.5%
37.3%
Q2 24
-204.1%
34.0%
Q1 24
484.9%
31.3%
EPS (diluted)
HUT
HUT
USLM
USLM
Q4 25
$-2.45
$1.06
Q3 25
$0.43
$1.35
Q2 25
$1.18
$1.07
Q1 25
$-1.30
$1.19
Q4 24
$1.41
$-2.20
Q3 24
$0.01
$1.16
Q2 24
$-0.78
$0.91
Q1 24
$2.76
$3.92

Balance Sheet & Financial Strength

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

Metric
HUT
HUT
USLM
USLM
Cash + ST InvestmentsLiquidity on hand
$44.9M
$371.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$1.4B
$630.8M
Total Assets
$2.8B
$681.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUT
HUT
USLM
USLM
Q4 25
$44.9M
$371.1M
Q3 25
$33.5M
$349.5M
Q2 25
$216.3M
$319.9M
Q1 25
$108.4M
$300.6M
Q4 24
$85.0M
$278.0M
Q3 24
$255.0M
Q2 24
$222.5M
Q1 24
$11.5M
$207.0M
Total Debt
HUT
HUT
USLM
USLM
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$300.6M
$0
Q3 24
$297.3M
$0
Q2 24
$328.8M
$0
Q1 24
$177.6M
$0
Stockholders' Equity
HUT
HUT
USLM
USLM
Q4 25
$1.4B
$630.8M
Q3 25
$1.4B
$602.3M
Q2 25
$1.3B
$563.3M
Q1 25
$960.0M
$532.2M
Q4 24
$976.7M
$497.7M
Q3 24
$703.9M
$474.2M
Q2 24
$660.1M
$441.1M
Q1 24
$732.0M
$415.3M
Total Assets
HUT
HUT
USLM
USLM
Q4 25
$2.8B
$681.0M
Q3 25
$2.7B
$652.8M
Q2 25
$2.0B
$607.4M
Q1 25
$1.6B
$585.3M
Q4 24
$1.5B
$543.2M
Q3 24
$1.1B
$521.8M
Q2 24
$1.1B
$484.2M
Q1 24
$999.0M
$464.0M
Debt / Equity
HUT
HUT
USLM
USLM
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.31×
0.00×
Q3 24
0.42×
0.00×
Q2 24
0.50×
0.00×
Q1 24
0.24×
0.00×

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
USLM
USLM
Operating Cash FlowLast quarter
$-139.2M
$45.6M
Free Cash FlowOCF − Capex
$25.7M
FCF MarginFCF / Revenue
29.2%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
1.49×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUT
HUT
USLM
USLM
Q4 25
$-139.2M
$45.6M
Q3 25
$770.0K
$45.9M
Q2 25
$-48.8M
$34.0M
Q1 25
$-33.8M
$39.4M
Q4 24
$-68.5M
$38.6M
Q3 24
$-4.2M
$39.0M
Q2 24
$-16.4M
$21.2M
Q1 24
$-26.3M
$27.2M
Free Cash Flow
HUT
HUT
USLM
USLM
Q4 25
$25.7M
Q3 25
$31.3M
Q2 25
$20.8M
Q1 25
$24.6M
Q4 24
$27.6M
Q3 24
$33.9M
Q2 24
$16.8M
Q1 24
$20.3M
FCF Margin
HUT
HUT
USLM
USLM
Q4 25
29.2%
Q3 25
30.7%
Q2 25
22.7%
Q1 25
26.9%
Q4 24
34.4%
Q3 24
37.9%
Q2 24
21.9%
Q1 24
28.4%
Capex Intensity
HUT
HUT
USLM
USLM
Q4 25
22.6%
Q3 25
14.4%
Q2 25
14.5%
Q1 25
16.3%
Q4 24
13.8%
Q3 24
5.8%
Q2 24
5.7%
Q1 24
9.5%
Cash Conversion
HUT
HUT
USLM
USLM
Q4 25
1.49×
Q3 25
0.02×
1.18×
Q2 25
-0.36×
1.10×
Q1 25
1.16×
Q4 24
-0.45×
1.43×
Q3 24
-6.49×
1.17×
Q2 24
0.81×
Q1 24
-0.11×
1.21×

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%

USLM
USLM

Segment breakdown not available.

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