Hut 8 (HUT) Price to Earnings (2022 - 2026)
Hut 8's (HUT) quarterly Price to Earnings came in at 80.3 in Q2 2026, down 668.51% on a YoY basis from 14.12 in Q2 2025, and down 285.0% quarter-over-quarter from 20.86 in Q1 2026.
Analysis
Hut 8 (HUT) Price to Earnings (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Price to Earnings for 5 consecutive years, with 80.3 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Earnings fell 668.51% year-over-year to 80.3; the trailing twelve-month figure through Jun 2026 stood at 21.57 (down 271.3% YoY), and the FY2025 full-year result was 22.43, down 473.04% from the prior year.
- Price to Earnings retreated to 80.3 in Q2 2026 per HUT's latest filing, from 20.86 in the prior quarter.
- Across five years, Price to Earnings topped out at 1771.97 in Q3 2024 and bottomed at 685.45 in Q3 2022.
- Historically, Price to Earnings has averaged 83.8 across 5 years, with a median of 13.6 in 2024.
- The sharpest annual moves came in 2024 and 2026: Price to Earnings soared 4380.67% in 2024, then tumbled 668.51% in 2026.
- Over 5 years, Price to Earnings stood at 685.45 in 2022, then surged by 114.95% to 102.45 in 2023, then tumbled by 86.73% to 13.6 in 2024, then plunged by 233.08% to 18.1 in 2025, then sank by 343.74% to 80.3 in 2026.
- According to Business Quant data, Price to Earnings over the past three periods registered 80.3, 20.86, and 18.1 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 | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -80.30 |
| Mar 31, 2026 | -20.86 |
| Dec 31, 2025 | -18.10 |
| Sep 30, 2025 | 73.51 |
| Jun 30, 2025 | 14.12 |
| Mar 31, 2025 | -9.05 |
| Dec 31, 2024 | 13.60 |
| Sep 30, 2024 | 1,771.97 |
| Jun 30, 2024 | -19.44 |
| Mar 31, 2024 | 3.78 |
| Dec 31, 2023 | 102.45 |
| Sep 30, 2023 | 39.55 |
| Jun 30, 2023 | 48.20 |
| Mar 31, 2023 | 23.06 |
| Sep 30, 2022 | -685.45 |