Hut 8 Q3 2026 net income more than triples to USD 189.49 million
HUT•Hut 8’s third-quarter 2026 net income more than tripled year over year to USD 189.49 million, while revenue fell 15% to USD 71.07 million. A second Beacon Point lease fully commercialized the campus, bringing expected aggregate AI data center base-term contract value to USD 26.6 billion.
1. Quarterly results and financing
Hut 8 reported third-quarter 2026 net income of USD 189.49 million, more than triple the year-earlier figure, as revenue fell 15% to USD 71.07 million. A second Beacon Point lease fully commercialized the campus, bringing expected aggregate AI data center base-term contract value to USD 26.6 billion. The company also closed a USD 1.07 billion senior secured revolving credit facility, and its repurchase authorization increased to USD 1 billion after quarter-end.
