Hut 8 Corp. (HUT, HUT.TO) reported a fourth quarter net loss from continuing operations of $301.8 million compared to profit of $149.7 million, prior year. Adjusted EBITDA was negative at $347.9 million compared to profit of $310.6 million. Total revenue increased to $88.49 million from $31.69 million.
Net loss for the twelve months ended December 31, 2025 was $248.0 million, compared to net income of $331.4 million in the prior year period. Net loss for the period included $220.0 million of primarily unrealized losses on digital assets, compared to $509.3 million of primarily unrealized gains on digital assets in the prior year period. Revenue was $235.1 million, compared to $162.4 million in the prior year period.
In pre-market trading on NasdaqGS, Hut 8 shares are down 3.75 percent to $56.97.
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