Hut 8 (HUT) Exchange Rate Effect (2023 - 2026)
Hut 8's (HUT) quarterly Exchange Rate Effect came in at $19000.0 in Q2 2026, down 88.41% on a YoY basis from $164000.0 in Q2 2025, and up 103.21% quarter-over-quarter from -$591000.0 in Q1 2026.
Analysis
Hut 8 (HUT) Exchange Rate Effect (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Exchange Rate Effect for 4 consecutive years, with $19000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect fell 88.41% year-over-year to $19000.0; the trailing twelve-month figure through Jun 2026 stood at -$356000.0 (down 108.19% YoY), and the FY2025 full-year result was $285000.0, up 209.2% from the prior year.
- Exchange Rate Effect rose to $19000.0 in Q2 2026 per HUT's latest filing, from -$591000.0 in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $1.1 million in Q2 2024 and bottomed at -$1.1 million in Q1 2024.
- Historically, Exchange Rate Effect has averaged -$19272.7 across 4 years, with a median of $15000.0 in 2025.
- The sharpest annual moves came in 2025 and 2026: Exchange Rate Effect soared 200.0% in 2025, then tumbled 522.11% in 2026.
- Over 4 years, Exchange Rate Effect stood at $336000.0 in 2023, then sank by 159.82% to -$201000.0 in 2024, then jumped by 200.0% to $201000.0 in 2025, then slumped by 90.55% to $19000.0 in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered $19000.0, -$591000.0, and $201000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -2.07 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 19,000.00 |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | - |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -503,000.00 |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -3.33 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 11,000.00 |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 425,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19,000.00 |
| Mar 31, 2026 | -591,000.00 |
| Dec 31, 2025 | 201,000.00 |
| Sep 30, 2025 | 15,000.00 |
| Jun 30, 2025 | 164,000.00 |
| Mar 31, 2025 | -95,000.00 |
| Dec 31, 2024 | -201,000.00 |
| Sep 30, 2024 | -39,000.00 |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | -1.12 Mn |
| Dec 31, 2023 | 336,000.00 |