Hut 8 (HUT) Deferred Taxes (2023 - 2026)
Hut 8 posted quarterly Deferred Taxes of -$52.3 million for Q1 2026, down 155.66% year-on-year 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) has 4 years of Deferred Taxes data on file, last reported at -$52.3 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 155.66% year-over-year to -$52.3 million; the trailing twelve-month figure through Mar 2026 stood at -$86.5 million (down 218.91% YoY), and the FY2025 full-year result was -$54.6 million, down 157.26% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$52.3 million, up from -$80.8 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $92.9 million in Q4 2024 and bottomed at -$80.8 million in Q4 2025.
- The 4-year median for Deferred Taxes is $231000.0 (2023), against an average of -$907615.4.
- The widest annual swing landed in 2024, when Deferred Taxes soared 24400.0%; it then slumped 999.78% in 2025.
- A 4-year view of Deferred Taxes shows it stood at -$845000.0 in 2023, then soared by 11094.08% to $92.9 million in 2024, then slumped by 187.0% to -$80.8 million in 2025, then surged 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 | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -47.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | -10.00 Mn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 34.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 1.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | -21.92 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | - |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 21.41 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -52.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 92.90 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 | 2,000.00 |
| Jun 30, 2023 | 290,000.00 |
| Mar 31, 2023 | 231,000.00 |