Hut 8 (HUT) Asset Utilization Ratio (2023 - 2026)
Hut 8's (HUT) Asset Utilization Ratio came in at 0.05 for Q2 2026, down 34.5% from 0.08 a year earlier and down 52.3% from the prior quarter.
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Analysis
Hut 8 (HUT) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2025, Hut 8's Asset Utilization Ratio stood at 0.11, down 23.4% from FY2024.
- In prior years, Hut 8's Asset Utilization Ratio was 0.14 in FY2024 (-30.4%) and 0.21 in FY2023.
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio in data going back to Q4 2023.
- On a year-over-year basis, Asset Utilization Ratio increased in 1 of the last seven quarters, with an average decline of 29.7%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.11 (Q1 2026), 0.09 (Q4 2025) and 0.08 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 48.14 Bn | 6.36 Bn | - | 0.42 |
| 2 | Block | 44.55 Bn | 15.85 Bn | 3.17 Bn | 0.63 |
| 3 | Coinbase Global | 42.01 Bn | -1.19 Bn | - | 0.23 |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 0.18 |
| 5 | Fiserv | 25.73 Bn | 22.41 Bn | 2.90 Bn | 0.26 |
| 6 | Global Payments | 22.10 Bn | -111.04 Mn | 2.03 Bn | 0.16 |
| 7 | Guidewire Software | 15.51 Bn | 12.07 Bn | 269.68 Mn | 0.58 |
| 8 | Jack Henry & Associates | 11.67 Bn | 11.57 Bn | 273.85 Mn | 0.82 |
| 9 | Bitmine Immersion Technologies | 11.56 Bn | 8.94 Bn | 40.81 Mn | 0.01 |
| 10 | Hut 8 | 7.45 Bn | 6.98 Bn | 48.04 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 0.09 |
| Dec 31, 2024 | 0.12 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.50 |
API Access
Hut 8 Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HUT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();