Hut 8 (HUT) Intangibles (2023 - 2026)
Hut 8's (HUT) quarterly Intangibles came in at $9.2 million in Q2 2026, down 99.2% on a YoY basis from $1.1 billion in Q2 2025, and down 9.53% quarter-over-quarter from $10.2 million in Q1 2026.
Analysis
Hut 8 (HUT) Intangibles (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Intangibles for 4 consecutive years, with $9.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Intangibles fell 99.2% year-over-year to $9.2 million; the trailing twelve-month figure through Jun 2026 stood at $9.2 million (down 99.2% YoY), and the FY2025 full-year result was $11.1 million, down 16.06% from the prior year.
- Intangibles eased to $9.2 million in Q2 2026 per HUT's latest filing, from $10.2 million in the prior quarter.
- Across five years, Intangibles topped out at $1.1 billion in Q2 2025 and bottomed at $851000.0 in Q2 2023.
- Historically, Intangibles has averaged $302.7 million across 4 years, with a median of $12.6 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Intangibles soared 66939.25% in 2024, then tumbled 99.2% in 2026.
- Over 4 years, Intangibles stood at $388.5 million in 2023, then plunged by 96.58% to $13.3 million in 2024, then slipped by 16.06% to $11.1 million in 2025, then declined by 17.47% to $9.2 million in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $9.2 million, $10.2 million, and $11.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 10.87 Bn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 317.43 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 9.20 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 666.04 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | 42,000.00 |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 2.09 Bn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 100.61 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 82.91 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 132.38 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 11.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.20 Mn |
| Mar 31, 2026 | 10.16 Mn |
| Dec 31, 2025 | 11.14 Mn |
| Sep 30, 2025 | 11.93 Mn |
| Jun 30, 2025 | 1.14 Bn |
| Mar 31, 2025 | 847.24 Mn |
| Dec 31, 2024 | 13.27 Mn |
| Sep 30, 2024 | 576.47 Mn |
| Jun 30, 2024 | 570.50 Mn |
| Mar 31, 2024 | 648.90 Mn |
| Dec 31, 2023 | 388.51 Mn |
| Sep 30, 2023 | 5.38 Mn |
| Jun 30, 2023 | 851,000.00 |
| Mar 31, 2023 | 1.00 Mn |