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.
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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 | 57.56 Bn | 54.94 Bn | 40.81 Mn | - |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - | -35.94 Mn |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - | 206.00 Mn |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn | 214.41 Mn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn | -8.01 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - | 92.93 Mn |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn | 156.00 Mn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn | -4.93 Mn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn | 13.91 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn | -31.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | -1.09 Mn |
| Sep 30, 2023 | 672,000.00 |
| Jun 30, 2023 | 322,000.00 |
| Mar 31, 2023 | 289,000.00 |
| Sep 30, 2022 | 315,000.00 |
API Access
Hut 8 Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=HUT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "HUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=HUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();