Hut 8 (HUT) Share-based Compensation (2022 - 2026)
Hut 8's (HUT) quarterly Share-based Compensation came in at $51.7 million in Q2 2026, up 577.33% on a YoY basis from $7.6 million in Q2 2025, and up 1.51% quarter-over-quarter from $51.0 million in Q1 2026.
Analysis
Hut 8 (HUT) Share-based Compensation (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Share-based Compensation for 5 consecutive years, with $51.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Share-based Compensation rose 577.33% year-over-year to $51.7 million; the trailing twelve-month figure through Jun 2026 stood at $150.5 million (up 625.74% YoY), and the FY2025 full-year result was $58.2 million, up 180.14% from the prior year.
- Share-based Compensation climbed to $51.7 million in Q2 2026 per HUT's latest filing, from $51.0 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $51.7 million in Q2 2026 and bottomed at $1.3 million in Q2 2023.
- Historically, Share-based Compensation has averaged $15.1 million across 5 years, with a median of $7.0 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Share-based Compensation tumbled 64.46% in 2024, then jumped 1244.05% in 2026.
- Over 5 years, Share-based Compensation stood at $11.7 million in 2022, then advanced by 4.61% to $12.2 million in 2023, then sank by 64.46% to $4.3 million in 2024, then jumped by 823.35% to $40.1 million in 2025, then gained by 29.07% to $51.7 million in 2026.
- According to Business Quant data, Share-based Compensation over the past three periods registered $51.7 million, $51.0 million, and $40.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 13.25 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | - |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 51.75 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 35.58 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 46.68 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 1.60 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 5.63 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -15.57 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 7.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.75 Mn |
| Mar 31, 2026 | 50.98 Mn |
| Dec 31, 2025 | 40.09 Mn |
| Sep 30, 2025 | 17.64 Mn |
| Jun 30, 2025 | 7.64 Mn |
| Mar 31, 2025 | 3.79 Mn |
| Dec 31, 2024 | 4.34 Mn |
| Sep 30, 2024 | 4.96 Mn |
| Jun 30, 2024 | 7.01 Mn |
| Mar 31, 2024 | 4.47 Mn |
| Dec 31, 2023 | 12.22 Mn |
| Sep 30, 2023 | 4.53 Mn |
| Jun 30, 2023 | 1.35 Mn |
| Mar 31, 2023 | 4.55 Mn |
| Sep 30, 2022 | 11.68 Mn |