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| Date | Value |
|---|---|
| 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 |