Hut 8 (HUT) EBIT (2022 - 2026)
Hut 8 (HUT) reported EBIT of -$370.4 million for Q1 2026, down 150.84% on a YoY basis from $728.5 million in Q1 2025, and up 14.83% quarter-over-quarter from -$434.9 million in Q4 2025.
Hut 8 (HUT) EBIT (2022 - 2026) Analysis & Trends
Hut 8 has reported EBIT for 5 years, with the latest figure at -$370.4 million in Q1 2026.
- For the quarter ending Q1 2026, EBIT fell 150.84% year-over-year to -$370.4 million; the trailing twelve-month figure through Mar 2026 stood at -$544.7 million (down 1284.11% YoY), and the FY2025 full-year result was -$322.0 million, down 169.92% from the prior year.
- EBIT for Q1 2026 stood at -$370.4 million, up from -$434.9 million in the prior quarter.
- The five-year high for EBIT was $281.9 million in Q4 2024, with the low at -$434.9 million in Q4 2025.
- Historically, EBIT has averaged -$15.7 million across 5 years, with a median of $135000.0 in 2023.
- The largest YoY upside for EBIT was 15135.89% in 2024 against a maximum downside of 9371.98% in 2024.
- Hut 8's EBIT stood at $3.8 million in 2022, then soared by 171.44% to $10.2 million in 2023, then soared by 2654.14% to $281.9 million in 2024, then plunged by 254.25% to -$434.9 million in 2025, then climbed by 14.83% to -$370.4 million in 2026.
- The last three EBIT figures came in at -$370.4 million (Q1 2026), -$434.9 million (Q4 2025), and $72.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | -65.54 Mn |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 19.58 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 23.57 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 4.01 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 304.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 2.33 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 584.88 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 287.25 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -233.52 Mn |
| 10 | Hut 8 | 13.75 Bn | 13.90 Bn | 45.47 Mn | -370.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -370.37 Mn |
| Dec 31, 2025 | -434.86 Mn |
| Sep 30, 2025 | 72.66 Mn |
| Jun 30, 2025 | 187.86 Mn |
| Mar 31, 2025 | -147.65 Mn |
| Dec 31, 2024 | 281.91 Mn |
| Sep 30, 2024 | -1.57 Mn |
| Jun 30, 2024 | -86.69 Mn |
| Mar 31, 2024 | 266.89 Mn |
| Dec 31, 2023 | 10.24 Mn |
| Sep 30, 2023 | -665,000.00 |
| Jun 30, 2023 | 935,000.00 |
| Mar 31, 2023 | -1.78 Mn |
| Sep 30, 2022 | 3.77 Mn |