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

Hut 8 (HUT) reported Tax Provisions of -$48.9 million for Q1 2026, down 142.23% on a YoY basis from $115.9 million in Q1 2025, and up 37.43% quarter-over-quarter from -$78.2 million in Q4 2025.

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

Hut 8 has reported Tax Provisions for 5 years, with the latest figure at -$48.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 142.23% year-over-year to -$48.9 million; the trailing twelve-month figure through Mar 2026 stood at -$80.5 million (down 190.6% YoY), and the FY2025 full-year result was -$51.8 million, down 145.69% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$48.9 million, up from -$78.2 million in the prior quarter.
  • The five-year high for Tax Provisions was $110.5 million in Q4 2024, with the low at -$78.2 million in Q4 2025.
  • Historically, Tax Provisions has averaged $950500.0 across 5 years, with a median of $294500.0 in 2022.
  • The largest YoY upside for Tax Provisions was 26342.76% in 2024 against a maximum downside of 681.99% in 2024.
  • Hut 8's Tax Provisions stood at $300000.0 in 2022, then plunged by 240.33% to -$421000.0 in 2023, then surged by 26342.76% to $110.5 million in 2024, then tumbled by 170.8% to -$78.2 million in 2025, then soared by 37.43% to -$48.9 million in 2026.
  • The last three Tax Provisions figures came in at -$48.9 million (Q1 2026), -$78.2 million (Q4 2025), and $19.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.37 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 856.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - 709.00 Mn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 65.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 117.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 128.18 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 69.76 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -6.26 Mn
10 Hut 8 13.75 Bn 13.90 Bn 45.47 Mn -48.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -48.94 Mn
Dec 31, 2025 -78.22 Mn
Sep 30, 2025 19.02 Mn
Jun 30, 2025 27.60 Mn
Mar 31, 2025 -20.21 Mn
Dec 31, 2024 110.48 Mn
Sep 30, 2024 500,000.00
Jun 30, 2024 -1.87 Mn
Mar 31, 2024 4.40 Mn
Dec 31, 2023 -421,000.00
Sep 30, 2023 61,000.00
Jun 30, 2023 322,000.00
Mar 31, 2023 289,000.00
Sep 30, 2022 300,000.00