Hut 8 (HUT) vs IREN (IREN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Hut 8 (HUT) has outperformed IREN (IREN) over the past year, gaining 114.0% versus a loss of 37.3%. IREN is the larger company by market cap ($14.07 billion vs $9.81 billion), about 1.4 times the size, while Hut 8 is growing revenue faster (+44.8% vs +41.1%). Hut 8 converts more of its revenue into profit, with a net margin of -96.2% versus -99.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HUT | IREN |
|---|---|---|
| Share price | $79.59 | $35.71 |
| Market cap | $9.81B | $14.07B |
| 1-day change | -10.87% | -7.70% |
| YTD return | +94.38% | +2.44% |
| 1-year return | +113.99% | -37.27% |
| 5-year return | +46.15% | — |
| EPS (TTM) | $-5.42 | $-2.22 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $235.12M | $707.01M |
| Revenue growth (YoY) | +44.79% | +41.11% |
| Net income (latest FY) | $-226.15M | $-702.62M |
| Gross margin | 54.16% | 68.92% |
| Operating margin | -136.95% | -148.05% |
| Net margin | -96.19% | -99.38% |
| 52-week high | $140.80 | $76.87 |
| 52-week low | $31.67 | $28.93 |
| Distance from 52-week high | -43.47% | -53.54% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +96.07% | +118.82% |
| Average volume | 4.70M | 42.51M |
| Shares outstanding | 123.26M | 394.06M |
| Employees | 248 | 685 |
| Sector | Finance | Finance |
| Industry | Finance: Consumer Services | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HUT has outperformed IREN by 151.3 percentage points over the past year.
About Hut 8
HUT stock →Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments.
Finance · Finance: Consumer Services · 248 employees
About IREN
IREN stock →IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.
Finance · Finance: Consumer Services · 685 employees
HUT vs IREN FAQ
Which is bigger, Hut 8 or IREN?
IREN (IREN) is larger, with a market capitalization of $14.07B compared with $9.81B for Hut 8 (HUT).
Which stock has performed better over the past year, HUT or IREN?
HUT returned +113.99% over the past 12 months, compared with -37.27% for IREN (price return, excluding dividends). Past performance does not predict future results.
Are Hut 8 and IREN in the same industry?
Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.