Hut 8 (HUT) EBIT Margin (2022 - 2026)
Hut 8's (HUT) quarterly EBIT Margin came in at 275.36% in Q2 2026, down 73023.0% on a YoY basis from N/an in Q2 2025, and up 47.2% quarter-over-quarter from 521.52% in Q1 2026.
Powered by 
Analysis
Hut 8 (HUT) EBIT Margin (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported EBIT Margin for 5 consecutive years, with 275.36% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT Margin fell 73023.0% year-over-year to 275.36%; the trailing twelve-month figure through Jun 2026 stood at 295.3% (down 52667.0% YoY), and the FY2025 full-year result was 136.95%, down 42056.0% from the prior year.
- EBIT Margin climbed to 275.36% in Q2 2026 per HUT's latest filing, from 521.52% in the prior quarter.
- Across five years, EBIT Margin topped out at 889.49% in Q4 2024 and bottomed at 676.83% in Q1 2025.
- Historically, EBIT Margin has averaged 16.71% across 5 years, with a median of 2.6% in 2023.
- The sharpest annual moves came in 2024 and 2025: EBIT Margin soared 87239 bps in 2024, then sank 138089 bps in 2025.
- Over 5 years, EBIT Margin stood at 11.25% in 2022, then soared by 52 bps to 17.1% in 2023, then soared by 5102 bps to 889.49% in 2024, then slumped by 155 bps to 491.4% in 2025, then surged by 44 bps to 275.36% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 275.36%, 521.52%, and 491.4% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -25.50% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -452.09% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -275.36% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -137.42% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -297.96% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -44.47% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -462.62% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -61.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -275.36% |
| Mar 31, 2026 | -521.52% |
| Dec 31, 2025 | -491.40% |
| Sep 30, 2025 | 87.00% |
| Jun 30, 2025 | 454.88% |
| Mar 31, 2025 | -676.83% |
| Dec 31, 2024 | 889.49% |
| Sep 30, 2024 | -3.59% |
| Jun 30, 2024 | -246.18% |
| Mar 31, 2024 | 515.81% |
| Dec 31, 2023 | 17.10% |
| Sep 30, 2023 | -2.60% |
| Jun 30, 2023 | 2.58% |
| Mar 31, 2023 | -11.34% |
| Sep 30, 2022 | 11.25% |