Hut 8 (HUT) Deferred Taxes (2022 - 2026)

Hut 8's (HUT) quarterly Deferred Taxes came in at -$52.3 million in Q1 2026, down 155.66% YoY from $93.9 million in Q1 2025, and up 35.33% on a QoQ basis from -$80.8 million in Q4 2025.

Hut 8 (HUT) Deferred Taxes (2022 - 2026) Analysis & Trends

Hut 8 (HUT) has 5 years of Deferred Taxes data on file, last reported at -$52.3 million in Q1 2026.

  • Quarterly Deferred Taxes fell 155.66% year-over-year to -$52.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$86.5 million (down 197.11% YoY) and the FY2025 annual result came in at -$54.6 million, down 148.9% from the prior year.
  • Deferred Taxes rose to -$52.3 million in Q1 2026, from -$80.8 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $109.2 million in Q4 2024 to a low of -$80.8 million in Q4 2025.
  • A 5-year average of $296642.9 and a median of $75500.0 in 2022 frame the typical range for Deferred Taxes.
  • Annual changes were most pronounced in 2024 — Deferred Taxes surged 13025.68% — and 2025, when it plunged 999.78%.
  • Tracing HUT's Deferred Taxes over 5 years: stood at -$80000.0 in 2022, then sank by 956.25% to -$845000.0 in 2023, then surged by 13025.68% to $109.2 million in 2024, then slumped by 174.0% to -$80.8 million in 2025, then jumped by 35.33% to -$52.3 million in 2026.
  • The last three Deferred Taxes figures came in at -$52.3 million (Q1 2026), -$80.8 million (Q4 2025), and $19.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -441.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - -10.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn -32.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 1.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.65 Mn
10 Hut 8 12.46 Bn 5.98 Bn 48.04 Mn -33.13 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -33.13 Mn
Mar 31, 2026 -52.27 Mn
Dec 31, 2025 -80.82 Mn
Sep 30, 2025 19.09 Mn
Jun 30, 2025 27.53 Mn
Mar 31, 2025 -20.44 Mn
Dec 31, 2024 109.22 Mn
Sep 30, 2024 490,000.00
Jun 30, 2024 -226,000.00
Mar 31, 2024 2.27 Mn
Dec 31, 2023 -845,000.00
Sep 30, 2023 -288,000.00
Jun 30, 2023 290,000.00
Mar 31, 2023 231,000.00
Sep 30, 2022 -80,000.00