Hut 8 HUT
NASDAQ HUT
$98.60 +8.00 (+8.83%)
At close: Sep 11, 2026 · 4:00 PM EDT

Hut 8 (HUT) Asset Utilization Ratio (2023 - 2026)

Hut 8's (HUT) quarterly Asset Utilization Ratio came in at 0.05 in Q2 2026, down 34.47% on a YoY basis from 0.08 in Q2 2025, and down 52.34% quarter-over-quarter from 0.11 in Q1 2026.

Analysis

Hut 8 (HUT) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

Hut 8 (HUT) has reported Asset Utilization Ratio for 4 consecutive years, with 0.05 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio fell 34.47% year-over-year to 0.05; the trailing twelve-month figure through Jun 2026 stood at 0.05 (down 34.47% YoY), and the FY2025 full-year result was 0.17, down 60.06% from the prior year.
  • Asset Utilization Ratio fell to 0.05 in Q2 2026 per HUT's latest filing, from 0.11 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.78 in Q3 2023 and bottomed at 0.05 in Q2 2026.
  • Historically, Asset Utilization Ratio has averaged 0.22 across 4 years, with a median of 0.17 in 2024.
  • The widest YoY moves for Asset Utilization Ratio: up 21.7% in 2024, down 77.54% in 2024.
  • Over 4 years, Asset Utilization Ratio stood at 0.37 in 2023, then fell by 21.7% to 0.29 in 2024, then plunged by 70.06% to 0.09 in 2025, then plunged by 41.52% to 0.05 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.05, 0.11, and 0.09 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn 0.01
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 0.06
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 0.05
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 0.20
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - 0.17
7 Cleanspark 3.51 Bn 3.30 Bn - -
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn 0.25
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 0.17
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 0.42
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.05
Mar 31, 2026 0.11
Dec 31, 2025 0.09
Sep 30, 2025 0.08
Jun 30, 2025 0.08
Mar 31, 2025 0.17
Dec 31, 2024 0.29
Sep 30, 2024 0.17
Jun 30, 2024 0.20
Mar 31, 2024 0.24
Dec 31, 2023 0.37
Sep 30, 2023 0.78