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

Hut 8 (HUT) Tax Provisions (2022 - 2026)

Hut 8's (HUT) quarterly Tax Provisions came in at -$31.5 million in Q2 2026, down 214.13% on a YoY basis from $27.6 million in Q2 2025, and up 35.64% quarter-over-quarter from -$48.9 million in Q1 2026.

Analysis

Hut 8 (HUT) Tax Provisions (2022 - 2026) Analysis & Trends

Hut 8 (HUT) has reported Tax Provisions for 5 consecutive years, with -$31.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions fell 214.13% year-over-year to -$31.5 million; the trailing twelve-month figure through Jun 2026 stood at -$139.7 million (down 218.0% YoY), and the FY2025 full-year result was -$51.8 million, down 145.69% from the prior year.
  • Tax Provisions climbed to -$31.5 million in Q2 2026 per HUT's latest filing, from -$48.9 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $110.5 million in Q4 2024 and bottomed at -$78.2 million in Q4 2025.
  • Historically, Tax Provisions has averaged -$1.2 million across 5 years, with a median of $315000.0 in 2022.
  • The sharpest annual moves came in 2024 and 2025: Tax Provisions soared 26336.82% in 2024, then sank 559.2% in 2025.
  • Over 5 years, Tax Provisions stood at $315000.0 in 2022, then slumped by 233.65% to -$421000.0 in 2023, then jumped by 26336.82% to $110.5 million in 2024, then sank by 170.83% to -$78.2 million in 2025, then jumped by 59.74% to -$31.5 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$31.5 million, -$48.9 million, and -$78.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (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 -8.01 Mn
3 Hut 8 11.52 Bn 5.04 Bn 48.04 Mn -31.50 Mn
4 Riot Platforms 8.24 Bn 7.69 Bn 84.97 Mn -105,000.00
5 Argo Blockchain 6.43 Bn 6.43 Bn - -
6 MARA Holdings 4.32 Bn 3.96 Bn - 580,000.00
7 Cleanspark 3.26 Bn 3.05 Bn - -2.97 Mn
8 Bitdeer Technologies 2.92 Bn 2.46 Bn -8.53 Mn 11.71 Mn
9 Keel Infrastructure 2.14 Bn 2.13 Bn -86.75 Mn 17,000.00
10 HIVE Digital Technologies 853.00 Mn 613.97 Mn -29.49 Mn 1.58 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -31.50 Mn
Mar 31, 2026 -48.94 Mn
Dec 31, 2025 -78.24 Mn
Sep 30, 2025 19.02 Mn
Jun 30, 2025 27.60 Mn
Mar 31, 2025 -20.21 Mn
Dec 31, 2024 110.46 Mn
Sep 30, 2024 500,000.00
Jun 30, 2024 -1.90 Mn
Mar 31, 2024 4.40 Mn
Dec 31, 2023 -421,000.00
Sep 30, 2023 672,000.00
Jun 30, 2023 611,000.00
Mar 31, 2023 289,000.00
Sep 30, 2022 315,000.00