Hut 8 (HUT) Non-Current Deferred Tax Liability (2023 - 2026)
Hut 8's (HUT) quarterly Non-Current Deferred Tax Liability came in at $53.5 million in Q2 2026, down 54.79% on a YoY basis from $118.4 million in Q2 2025, and down 37.83% quarter-over-quarter from $86.1 million in Q1 2026.
Analysis
Hut 8 (HUT) Non-Current Deferred Tax Liability (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Non-Current Deferred Tax Liability for 4 consecutive years, with $53.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Deferred Tax Liability fell 54.79% year-over-year to $53.5 million; the trailing twelve-month figure through Jun 2026 stood at $53.5 million (down 54.79% YoY), and the FY2025 full-year result was $129.9 million, up 16.87% from the prior year.
- Non-Current Deferred Tax Liability fell to $53.5 million in Q2 2026 per HUT's latest filing, from $86.1 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $187.8 million in Q3 2025 and bottomed at $609000.0 in Q4 2023.
- Historically, Non-Current Deferred Tax Liability has averaged $60.7 million across 4 years, with a median of $53.5 million in 2026.
- The sharpest annual moves came in 2024 and 2026: Non-Current Deferred Tax Liability jumped 18145.32% in 2024, then plunged 54.79% in 2026.
- Over 4 years, Non-Current Deferred Tax Liability stood at $609000.0 in 2023, then surged by 18145.32% to $111.1 million in 2024, then advanced by 16.87% to $129.9 million in 2025, then tumbled by 58.78% to $53.5 million in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $53.5 million, $86.1 million, and $129.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.53 Mn |
| Mar 31, 2026 | 86.09 Mn |
| Dec 31, 2025 | 129.85 Mn |
| Sep 30, 2025 | 187.82 Mn |
| Jun 30, 2025 | 118.40 Mn |
| Mar 31, 2025 | 90.70 Mn |
| Dec 31, 2024 | 111.11 Mn |
| Sep 30, 2024 | 3.15 Mn |
| Jun 30, 2024 | 2.66 Mn |
| Mar 31, 2024 | 2.88 Mn |
| Dec 31, 2023 | 609,000.00 |
| Sep 30, 2023 | 1.17 Mn |
| Jun 30, 2023 | 1.45 Mn |