Hut 8 (HUT) EV to EBIT (2022 - 2026)
Hut 8's (HUT) quarterly EV to EBIT came in at 37.51 in Q2 2026, down 482.72% on a YoY basis from 9.8 in Q2 2025, and down 155.92% quarter-over-quarter from 14.66 in Q1 2026.
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Hut 8 (HUT) EV to EBIT (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported EV to EBIT for 5 consecutive years, with 37.51 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBIT fell 482.72% year-over-year to 37.51; the trailing twelve-month figure through Jun 2026 stood at 8.24 (down 243.51% YoY), and the FY2025 full-year result was 16.35, down 488.27% from the prior year.
- EV to EBIT retreated to 37.51 in Q2 2026 per HUT's latest filing, from 14.66 in the prior quarter.
- Across five years, EV to EBIT topped out at 795.31 in Q2 2023 and bottomed at 689.3 in Q3 2024.
- Historically, EV to EBIT has averaged 17.62 across 5 years, with a median of 7.65 in 2025.
- The sharpest annual moves came in 2025 and 2026: EV to EBIT jumped 171.13% in 2025, then plunged 482.72% in 2026.
- Over 5 years, EV to EBIT stood at 96.12 in 2022, then sank by 39.3% to 58.34 in 2023, then sank by 88.21% to 6.88 in 2024, then tumbled by 275.99% to 12.11 in 2025, then sank by 209.91% to 37.51 in 2026.
- According to Business Quant data, EV to EBIT over the past three periods registered 37.51, 14.66, and 12.11 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -37.51 |
| Mar 31, 2026 | -14.66 |
| Dec 31, 2025 | -12.11 |
| Sep 30, 2025 | 53.30 |
| Jun 30, 2025 | 9.80 |
| Mar 31, 2025 | -7.65 |
| Dec 31, 2024 | 6.88 |
| Sep 30, 2024 | -689.30 |
| Jun 30, 2024 | -13.78 |
| Mar 31, 2024 | 3.65 |
| Dec 31, 2023 | 58.34 |
| Sep 30, 2023 | -287.62 |
| Jun 30, 2023 | 795.31 |
| Mar 31, 2023 | -225.09 |
| Sep 30, 2022 | 96.12 |