Hut 8 (HUT) Operating Income (2022 - 2026)
Hut 8 posted quarterly Operating Income of -$370.4 million for Q1 2026, down 150.84% year-on-year from $728.5 million in Q1 2025, and up 14.83% on a QoQ basis from -$434.9 million in Q4 2025.
Hut 8 (HUT) has 5 years of Operating Income data on file, last reported at -$370.4 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 150.84% year-over-year to -$370.4 million; the trailing twelve-month figure through Mar 2026 stood at -$544.7 million (down 1284.11% YoY), and the FY2025 full-year result was -$322.0 million, down 169.92% from the prior year.
- Operating Income for Q1 2026 stood at -$370.4 million, up from -$434.9 million in the prior quarter.
- Across five years, Operating Income topped out at $281.9 million in Q4 2024 and bottomed at -$434.9 million in Q4 2025.
- The 5-year median for Operating Income is $135000.0 (2023), against an average of -$15.7 million.
- Peak annual rise in Operating Income reached 15135.89% in 2024, while the deepest fall reached 9371.98% in 2024.
- A 5-year view of Operating Income shows it stood at $3.8 million in 2022, then jumped by 171.44% to $10.2 million in 2023, then jumped by 2654.14% to $281.9 million in 2024, then tumbled by 254.25% to -$434.9 million in 2025, then grew by 14.83% to -$370.4 million in 2026.
- The last three Operating Income figures came in at -$370.4 million (Q1 2026), -$434.9 million (Q4 2025), and $72.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 304.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 45.00 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -233.52 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 287.25 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -370.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -370.37 Mn |
| Dec 31, 2025 | -434.86 Mn |
| Sep 30, 2025 | 72.66 Mn |
| Jun 30, 2025 | 187.86 Mn |
| Mar 31, 2025 | -147.65 Mn |
| Dec 31, 2024 | 281.91 Mn |
| Sep 30, 2024 | -1.57 Mn |
| Jun 30, 2024 | -86.69 Mn |
| Mar 31, 2024 | 266.89 Mn |
| Dec 31, 2023 | 10.24 Mn |
| Sep 30, 2023 | -665,000.00 |
| Jun 30, 2023 | 935,000.00 |
| Mar 31, 2023 | -1.78 Mn |
| Sep 30, 2022 | 3.77 Mn |