Hut 8 (HUT) Profit After Tax (2022 - 2026)
Hut 8's (HUT) quarterly Profit After Tax came in at -$189.8 million in Q2 2026, down 207.03% on a YoY basis from $177.4 million in Q2 2025, and up 13.65% quarter-over-quarter from -$219.8 million in Q1 2026.
Analysis
Hut 8 (HUT) Profit After Tax (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Profit After Tax for 5 consecutive years, with -$189.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Profit After Tax fell 207.03% year-over-year to -$189.8 million; the trailing twelve-month figure through Jun 2026 stood at -$659.0 million (down 435.05% YoY), and the FY2025 full-year result was -$248.0 million, down 172.17% from the prior year.
- Profit After Tax rose to -$189.8 million in Q2 2026 per HUT's latest filing, from -$219.8 million in the prior quarter.
- Across five years, Profit After Tax topped out at $250.9 million in Q1 2024 and bottomed at -$302.0 million in Q4 2025.
- Historically, Profit After Tax has averaged -$15.6 million across 5 years, with a median of $6.2 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Profit After Tax slumped 559.44% in 2024, then soared 5710.24% in 2025.
- Over 5 years, Profit After Tax stood at -$560000.0 in 2022, then jumped by 1208.57% to $6.2 million in 2023, then surged by 2352.96% to $152.3 million in 2024, then tumbled by 298.34% to -$302.0 million in 2025, then soared by 37.14% to -$189.8 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered -$189.8 million, -$219.8 million, and -$302.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -83.60 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -686.03 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -189.84 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -237.17 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -611.32 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | -239.84 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -92.28 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -65.00 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -143.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -189.84 Mn |
| Mar 31, 2026 | -219.85 Mn |
| Dec 31, 2025 | -302.03 Mn |
| Sep 30, 2025 | 52.76 Mn |
| Jun 30, 2025 | 177.38 Mn |
| Mar 31, 2025 | -133.89 Mn |
| Dec 31, 2024 | 152.28 Mn |
| Sep 30, 2024 | 908,000.00 |
| Jun 30, 2024 | -71.87 Mn |
| Mar 31, 2024 | 250.88 Mn |
| Dec 31, 2023 | 6.21 Mn |
| Sep 30, 2023 | 11.27 Mn |
| Jun 30, 2023 | 15.64 Mn |
| Mar 31, 2023 | 17.33 Mn |
| Sep 30, 2022 | -560,000.00 |