Hut 8 HUT
NASDAQ HUT
$98.60 +8.00 (+8.83%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Hut 8's (HUT) quarterly Deferred Taxes came in at -$33.1 million in Q2 2026, down 220.33% on a YoY basis from $27.5 million in Q2 2025, and up 36.62% quarter-over-quarter from -$52.3 million in Q1 2026.

Analysis

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

Hut 8 (HUT) has reported Deferred Taxes for 5 consecutive years, with -$33.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Deferred Taxes fell 220.33% year-over-year to -$33.1 million; the trailing twelve-month figure through Jun 2026 stood at -$147.1 million (down 225.97% YoY), and the FY2025 full-year result was -$54.6 million, down 148.9% from the prior year.
  • Deferred Taxes advanced to -$33.1 million in Q2 2026 per HUT's latest filing, from -$52.3 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $109.2 million in Q4 2024 and bottomed at -$80.8 million in Q4 2025.
  • Historically, Deferred Taxes has averaged -$1.9 million across 5 years, with a median of -$80000.0 in 2022.
  • The sharpest annual moves came in 2024 and 2025: Deferred Taxes soared 13025.68% in 2024, then sank 999.78% in 2025.
  • Over 5 years, Deferred Taxes stood at -$80000.0 in 2022, then tumbled by 956.25% to -$845000.0 in 2023, then jumped by 13025.68% to $109.2 million in 2024, then plunged by 174.0% to -$80.8 million in 2025, then surged by 59.01% to -$33.1 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered -$33.1 million, -$52.3 million, and -$80.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn -
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn -
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn -33.13 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn -
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - -903,000.00
7 Cleanspark 3.51 Bn 3.30 Bn - -2.97 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn -
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn -
Historic Data

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