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| 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 |