Hut 8 (HUT) Consolidated Net Income (2022 - 2026)
Hut 8 (HUT) reported Consolidated Net Income of -$253.1 million for Q1 2026, down 88.46% on a YoY basis from -$2.2 billion in Q1 2025, and up 16.12% quarter-over-quarter from -$301.8 million in Q4 2025.
Hut 8 (HUT) Consolidated Net Income (2022 - 2026) Analysis & Trends
Hut 8 has reported Consolidated Net Income for 5 years, with the latest figure at -$253.1 million in Q1 2026.
- For the quarter ending Q1 2026, Consolidated Net Income fell 88.46% year-over-year to -$253.1 million; the trailing twelve-month figure through Mar 2026 stood at -$366.8 million (down 174.3% YoY), and the FY2025 full-year result was -$248.0 million, down 3420.7% from the prior year.
- Consolidated Net Income for Q1 2026 stood at -$253.1 million, up from -$301.8 million in the prior quarter.
- The five-year high for Consolidated Net Income was $137.5 million in Q2 2025, with the low at -$301.8 million in Q4 2025.
- Historically, Consolidated Net Income has averaged -$38.3 million across 5 years, with a median of -$1.7 million in 2023.
- The largest YoY upside for Consolidated Net Income was 8008.92% in 2025 against a maximum downside of 13107.5% in 2025.
- Hut 8's Consolidated Net Income stood at -$545000.0 in 2022, then jumped by 114.13% to $77000.0 in 2023, then soared by 2912.99% to $2.3 million in 2024, then sank by 13107.5% to -$301.8 million in 2025, then grew by 16.12% to -$253.1 million in 2026.
- The last three Consolidated Net Income figures came in at -$253.1 million (Q1 2026), -$301.8 million (Q4 2025), and $50.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | -65.54 Mn |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 5.64 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 5.63 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 2.48 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 346.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 1.17 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 356.40 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 233.17 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -247.83 Mn |
| 10 | Hut 8 | 13.75 Bn | 13.90 Bn | 45.47 Mn | -253.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -253.14 Mn |
| Dec 31, 2025 | -301.77 Mn |
| Sep 30, 2025 | 50.61 Mn |
| Jun 30, 2025 | 137.46 Mn |
| Mar 31, 2025 | -134.32 Mn |
| Dec 31, 2024 | 2.32 Mn |
| Jun 30, 2024 | -1.74 Mn |
| Mar 31, 2024 | -7.63 Mn |
| Dec 31, 2023 | 77,000.00 |
| Sep 30, 2023 | -4.37 Mn |
| Jun 30, 2023 | -1.69 Mn |
| Mar 31, 2023 | 17.33 Mn |
| Sep 30, 2022 | -545,000.00 |