Hut 8 (HUT) Net Margin (2022 - 2026)
Hut 8 posted quarterly Net Margin of 356.44% for Q1 2026, up 25689.0% year-on-year from N/an in Q1 2025, and down 12.86% on a QoQ basis from 315.83% in Q4 2025.
Hut 8 (HUT) has 5 years of Net Margin data on file, last reported at 356.44% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 25689.0% year-over-year to 356.44%; the trailing twelve-month figure through Mar 2026 stood at 121.26% (down 8097.0% YoY), and the FY2025 full-year result was 95.88%, down 30460.0% from the prior year.
- Net Margin for Q1 2026 stood at 356.44%, down from 315.83% in the prior quarter.
- Across five years, Net Margin topped out at 499.61% in Q1 2024 and bottomed at 613.33% in Q1 2025.
- The 5-year median for Net Margin is 0.07% (2022), against an average of 7.91%.
- Peak annual rise in Net Margin reached 53210 bps in 2025, while the deepest fall reached 111294 bps in 2025.
- A 5-year view of Net Margin shows it stood at 1.63% in 2022, then surged by 730 bps to 10.24% in 2023, then surged by 4519 bps to 472.98% in 2024, then plunged by 167 bps to 315.83% in 2025, then decreased by 13 bps to 356.44% in 2026.
- The last three Net Margin figures came in at 356.44% (Q1 2026), 315.83% (Q4 2025), and 60.28% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 26.29% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 31.36% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 36.98% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 32.80% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 16.00% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 132.82% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 7.22% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -171.16% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 37.74% |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -356.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -356.44% |
| Dec 31, 2025 | -315.83% |
| Sep 30, 2025 | 60.28% |
| Jun 30, 2025 | 332.95% |
| Mar 31, 2025 | -613.33% |
| Dec 31, 2024 | 472.98% |
| Sep 30, 2024 | 1.48% |
| Jun 30, 2024 | -199.14% |
| Mar 31, 2024 | 499.61% |
| Dec 31, 2023 | 10.24% |
| Sep 30, 2023 | -20.15% |
| Jun 30, 2023 | -8.21% |
| Mar 31, 2023 | 26.47% |
| Sep 30, 2022 | -1.63% |