Hut 8 (HUT) Tax Provisions (2022 - 2026)
Hut 8 posted quarterly Tax Provisions of -$48.9 million for Q1 2026, down 142.23% year-on-year from $115.9 million in Q1 2025, and up 37.43% on a QoQ basis from -$78.2 million in Q4 2025.
Hut 8 (HUT) has 5 years of Tax Provisions data on file, last reported 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.
- Across five years, Tax Provisions topped out at $110.5 million in Q4 2024 and bottomed at -$78.2 million in Q4 2025.
- The 5-year median for Tax Provisions is $294500.0 (2022), against an average of $950500.0.
- Peak annual rise in Tax Provisions reached 26342.76% in 2024, while the deepest fall reached 681.99% in 2024.
- A 5-year view of Tax Provisions shows it stood at $300000.0 in 2022, then tumbled by 240.33% to -$421000.0 in 2023, then soared by 26342.76% to $110.5 million in 2024, then slumped by 170.8% to -$78.2 million in 2025, then jumped 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 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 709.00 Mn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 65.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 117.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 1.40 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 128.18 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -6.26 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 69.76 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -48.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |