Hut 8 (HUT) Gross Profit (2022 - 2026)

Hut 8's (HUT) quarterly Gross Profit came in at $45.5 million in Q1 2026, up 1340.72% YoY from $3.2 million in Q1 2025, and down 14.99% on a QoQ basis from $53.5 million in Q4 2025.

Hut 8 (HUT) Gross Profit (2022 - 2026) Analysis & Trends

Hut 8 (HUT) has 5 years of Gross Profit data on file, last reported at $45.5 million in Q1 2026.

  • Quarterly Gross Profit rose 1340.72% year-over-year to $45.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $169.7 million (up 206.84% YoY) and the FY2025 annual result came in at $127.3 million, up 68.16% from the prior year.
  • Gross Profit declined to $45.5 million in Q1 2026, from $53.5 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $53.5 million in Q4 2025 to a low of $3.2 million in Q1 2025.
  • A 5-year average of $27.2 million and a median of $25.0 million in 2023 frame the typical range for Gross Profit.
  • Annual changes were most pronounced in 2025 — Gross Profit plunged 86.62% — and 2026, when it jumped 1340.72%.
  • Tracing HUT's Gross Profit over 5 years: stood at $30.4 million in 2022, then decreased by 14.0% to $26.2 million in 2023, then slumped by 56.51% to $11.4 million in 2024, then jumped by 369.95% to $53.5 million in 2025, then retreated by 14.99% to $45.5 million in 2026.
  • The last three Gross Profit figures came in at $45.5 million (Q1 2026), $53.5 million (Q4 2025), and $51.2 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

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