Hut 8 (HUT) EBITDA Margin (2022 - 2026)
Hut 8 (HUT) reported EBITDA Margin of -222.34% for Q2 2026, down 724.33 percentage points from 501.99% a year earlier but up 245.05 percentage points from the prior quarter.
Hut 8 (HUT) EBITDA Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hut 8's EBITDA Margin came in at -249.47%, down 523.52 percentage points year-over-year; for FY2025, it was -93.61%, down 406.64 percentage points from FY2024.
- EBITDA Margin has a three-year change of -82.47 percentage points (FY2022 to FY2025).
- By year, EBITDA Margin came in at 313.03% in FY2024 (+284.11 pp), 28.92% in FY2023 and -11.14% in FY2022.
- Five-year quarterly EBITDA Margin spans a low of -608.53% in Q1 2025 and a high of 934.63% in Q4 2024.
- Year over year, EBITDA Margin gained in four of the last seven quarters, with an average year-over-year change of -272.11 percentage points.
- Per Business Quant data, the three quarters before Q2 2026 came in at -467.39% (Q1 2026), -446.48% (Q4 2025) and 120.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.17 Bn | 7.39 Bn | - | 19.27% |
| 2 | Block | 44.80 Bn | 16.10 Bn | 3.17 Bn | 8.19% |
| 3 | Coinbase Global | 42.46 Bn | -735.40 Mn | - | -5.44% |
| 4 | Corpay | 26.05 Bn | 15.93 Bn | - | 44.38% |
| 5 | Fiserv | 25.26 Bn | 21.94 Bn | 2.90 Bn | 35.62% |
| 6 | Global Payments | 21.98 Bn | -227.11 Mn | 2.03 Bn | 37.59% |
| 7 | Guidewire Software | 14.24 Bn | 10.81 Bn | 269.68 Mn | 19.18% |
| 8 | Bitmine Immersion Technologies | 11.94 Bn | 9.32 Bn | 40.81 Mn | -24.67% |
| 9 | Jack Henry & Associates | 11.36 Bn | 11.27 Bn | 273.85 Mn | 29.71% |
| 10 | Hut 8 | 7.98 Bn | 7.51 Bn | 48.04 Mn | -221.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -221.14% |
| Mar 31, 2026 | -467.15% |
| Dec 31, 2025 | -446.47% |
| Sep 30, 2025 | 120.61% |
| Jun 30, 2025 | 502.23% |
| Mar 31, 2025 | -607.87% |
| Dec 31, 2024 | 935.04% |
| Sep 30, 2024 | 23.20% |
| Jun 30, 2024 | -209.80% |
| Mar 31, 2024 | 540.91% |
| Dec 31, 2023 | 543.99% |
| Sep 30, 2023 | 25.91% |
| Jun 30, 2023 | 24.53% |
| Mar 31, 2023 | 15.10% |
| Sep 30, 2022 | 29.60% |
Hut 8 EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "HUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();