Hut 8 (HUT) Net Margin (2022 - 2026)

Hut 8 (HUT) reported Net Margin of 356.44% for Q1 2026, up 25689.0% on a YoY basis from N/an in Q1 2025, and down 12.86% quarter-over-quarter from 315.83% in Q4 2025.

Hut 8 (HUT) Net Margin (2022 - 2026) Analysis & Trends

Hut 8 has reported Net Margin for 5 years, with the latest figure 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.
  • The five-year high for Net Margin was 499.61% in Q1 2024, with the low at 613.33% in Q1 2025.
  • Historically, Net Margin has averaged 7.91% across 5 years, with a median of 0.07% in 2022.
  • The largest YoY upside for Net Margin was 53210 bps in 2025 against a maximum downside of 111294 bps in 2025.
  • Hut 8's Net Margin stood at 1.63% in 2022, then jumped by 730 bps to 10.24% in 2023, then jumped by 4519 bps to 472.98% in 2024, then sank by 167 bps to 315.83% in 2025, then retreated 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 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 26.29%
3 Goldman Sachs 333.85 Bn -603.70 Bn - 31.36%
4 Schwab Charles 160.31 Bn 115.33 Bn - 36.98%
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 32.80%
6 Interactive Brokers 42.79 Bn 53.38 Bn - 16.00%
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 7.22%
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 37.74%
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -171.16%
10 Hut 8 13.75 Bn 13.90 Bn 45.47 Mn -356.44%

Historic Data

Download Data
DateValue
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%