Hut 8 (HUT) Tax Provisions (2022 - 2026)
Hut 8's (HUT) quarterly Tax Provisions came in at -$48.9 million in Q1 2026, down 142.08% YoY from $116.2 million in Q1 2025, and up 37.5% on a QoQ basis from -$78.2 million in Q4 2025.
Hut 8 (HUT) Tax Provisions (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has 5 years of Tax Provisions data on file, last reported at -$48.9 million in Q1 2026.
- Quarterly Tax Provisions fell 142.08% year-over-year to -$48.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$80.5 million (down 190.62% YoY) and the FY2025 annual result came in at -$51.8 million, down 145.69% from the prior year.
- Tax Provisions advanced to -$48.9 million in Q1 2026, from -$78.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $110.5 million in Q4 2024 to a low of -$78.2 million in Q4 2025.
- A 5-year average of $1.0 million and a median of $400000.0 in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2024 — Tax Provisions surged 26342.76% — and 2025, when it slumped 559.51%.
- Tracing HUT's Tax Provisions over 5 years: 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 sank by 170.81% to -$78.2 million in 2025, then soared by 37.5% 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 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 136.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -6.26 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 136.24 Mn |
| 10 | Hut 8 | 12.46 Bn | 5.98 Bn | 48.04 Mn | -31.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -31.50 Mn |
| Mar 31, 2026 | -48.90 Mn |
| Dec 31, 2025 | -78.24 Mn |
| Sep 30, 2025 | 19.02 Mn |
| Jun 30, 2025 | 27.57 Mn |
| Mar 31, 2025 | -20.20 Mn |
| Dec 31, 2024 | 110.48 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 | 300,000.00 |