Hut 8 HUT
NASDAQ HUT
$93.54 +5.45 (+6.19%)
At close: Sep 4, 2026 · 4:00 PM EDT

Hut 8 (HUT) Operating Income (2022 - 2026)

Hut 8's (HUT) quarterly Operating Income came in at -$206.3 million in Q2 2026, down 209.83% on a YoY basis from $187.9 million in Q2 2025, and up 44.29% quarter-over-quarter from -$370.4 million in Q1 2026.

Analysis

Hut 8 (HUT) Operating Income (2022 - 2026) Analysis & Trends

Hut 8 (HUT) has reported Operating Income for 5 consecutive years, with -$206.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income fell 209.83% year-over-year to -$206.3 million; the trailing twelve-month figure through Jun 2026 stood at -$938.9 million (down 392.9% YoY), and the FY2025 full-year result was -$322.0 million, down 169.92% from the prior year.
  • Operating Income rose to -$206.3 million in Q2 2026 per HUT's latest filing, from -$370.4 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.
  • Historically, Operating Income has averaged -$28.4 million across 5 years, with a median of -$1.5 million in 2023.
  • The widest YoY moves for Operating Income: up 15135.89% in 2024, down 9371.98% in 2024.
  • Over 5 years, Operating Income stood at $3.8 million in 2022, then surged by 171.44% to $10.2 million in 2023, then surged by 2654.14% to $281.9 million in 2024, then slumped by 254.25% to -$434.9 million in 2025, then surged by 52.55% to -$206.3 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$206.3 million, -$370.4 million, and -$434.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Bitmine Immersion Technologies 56.87 Bn 56.53 Bn 40.81 Mn -11.87 Mn
2 Iren 34.00 Bn 26.43 Bn 103.89 Mn -620.38 Mn
3 Hut 8 11.52 Bn 5.04 Bn 48.04 Mn -206.33 Mn
4 Riot Platforms 8.24 Bn 7.69 Bn 84.97 Mn -239.43 Mn
5 Argo Blockchain 6.43 Bn 6.43 Bn - -
6 MARA Holdings 4.32 Bn 3.96 Bn - -521.07 Mn
7 Cleanspark 3.26 Bn 3.05 Bn - -232.40 Mn
8 Bitdeer Technologies 2.92 Bn 2.46 Bn -8.53 Mn -101.73 Mn
9 Keel Infrastructure 2.14 Bn 2.13 Bn -86.75 Mn -140.77 Mn
10 HIVE Digital Technologies 853.00 Mn 613.97 Mn -29.49 Mn -48.47 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -206.33 Mn
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 -1.51 Mn
Jun 30, 2023 935,000.00
Mar 31, 2023 -1.78 Mn
Sep 30, 2022 3.77 Mn