Hut 8 (HUT) Tax Rate (2022 - 2026)
Hut 8 posted quarterly Tax Rate of 16.2% for Q1 2026, up 313.0% year-on-year from 3.92% in Q1 2025, and down 21.29% on a QoQ basis from 20.59% in Q4 2025.
Hut 8 (HUT) has 5 years of Tax Rate data on file, last reported at 16.2% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 313.0% year-over-year to 16.2%; the trailing twelve-month figure through Mar 2026 stood at 18.0% (down 23852.0% YoY), and the FY2025 full-year result was 17.29%, down 782.0% from the prior year.
- Tax Rate for Q1 2026 stood at 16.2%, down from 20.59% in the prior quarter.
- Across five years, Tax Rate topped out at 42.47% in Q4 2024 and bottomed at 122.45% in Q3 2022.
- The 5-year median for Tax Rate is 7.83% (2024), against an average of 1.73%.
- The widest annual swing landed in 2023, when Tax Rate surged 12103 bps; it then slumped 2188 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 122.45% in 2022, then soared by 94 bps to 7.37% in 2023, then soared by 676 bps to 42.47% in 2024, then plunged by 52 bps to 20.59% in 2025, then decreased by 21 bps to 16.2% in 2026.
- The last three Tax Rate figures came in at 16.2% (Q1 2026), 20.59% (Q4 2025), and 27.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 13.20 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 22.24 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 15.82 |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 9.08 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 2.47 |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 26.45 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.46 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 23.03 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 16.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.20 |
| Mar 31, 2026 | 16.20 |
| Dec 31, 2025 | 20.59 |
| Dec 31, 2025 | 20.59 |
| Sep 30, 2025 | 27.31 |
| Sep 30, 2025 | 27.31 |
| Jun 30, 2025 | 16.72 |
| Jun 30, 2025 | 16.72 |
| Mar 31, 2025 | 13.08 |
| Mar 31, 2025 | 13.08 |
| Dec 31, 2024 | 42.47 |
| Dec 31, 2024 | 42.47 |
| Sep 30, 2024 | 36.74 |
| Sep 30, 2024 | 36.74 |
| Jun 30, 2024 | 2.59 |
| Jun 30, 2024 | 2.59 |
| Mar 31, 2024 | 1.67 |
| Mar 31, 2024 | 1.67 |
| Dec 31, 2023 | -7.37 |
| Dec 31, 2023 | -7.37 |
| Sep 30, 2023 | -1.41 |
| Sep 30, 2023 | -1.41 |
| Jun 30, 2023 | -23.61 |
| Jun 30, 2023 | -23.61 |
| Mar 31, 2023 | 1.64 |
| Mar 31, 2023 | 1.64 |
| Sep 30, 2022 | -122.45 |
| Sep 30, 2022 | -122.45 |