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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | -5.44% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 19.27% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 8.19% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | -370.41% |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 44.11% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 35.37% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 37.59% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | -24.67% |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 19.18% |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | -222.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -222.34% |
| Mar 31, 2026 | -467.39% |
| Dec 31, 2025 | -446.48% |
| Sep 30, 2025 | 120.28% |
| Jun 30, 2025 | 501.99% |
| Mar 31, 2025 | -608.53% |
| Dec 31, 2024 | 934.63% |
| Sep 30, 2024 | 20.33% |
| Jun 30, 2024 | -213.44% |
| Mar 31, 2024 | 537.99% |
| Dec 31, 2023 | 543.99% |
| Sep 30, 2023 | 17.61% |
| Jun 30, 2023 | 24.53% |
| Mar 31, 2023 | 7.22% |
| Sep 30, 2022 | 28.55% |
API Access
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_KEYimport 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();