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

Hut 8 (HUT) reported Gross Profit of $45.5 million for Q1 2026, up 1340.72% on a YoY basis from $3.2 million in Q1 2025, and down 14.99% quarter-over-quarter from $53.5 million in Q4 2025.

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

Hut 8 has reported Gross Profit for 5 years, with the latest figure at $45.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 1340.72% year-over-year to $45.5 million; the trailing twelve-month figure through Mar 2026 stood at $169.7 million (up 206.84% YoY), and the FY2025 full-year result was $127.3 million, up 68.16% from the prior year.
  • Gross Profit for Q1 2026 stood at $45.5 million, down from $53.5 million in the prior quarter.
  • The five-year high for Gross Profit was $53.5 million in Q4 2025, with the low at $3.2 million in Q1 2025.
  • Historically, Gross Profit has averaged $24.5 million across 5 years, with a median of $21.6 million in 2024.
  • Annual changes were most pronounced in 2025 — Gross Profit plunged 86.62% — and 2026, when it jumped 1340.72%.
  • Hut 8's Gross Profit stood at $15.1 million in 2022, then jumped by 72.98% 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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