Hut 8 (HUT) Tax Rate (2022 - 2026)
Hut 8's (HUT) quarterly Tax Rate came in at 16.19% in Q1 2026, up 312.0% YoY from 3.93% in Q1 2025, and down 21.37% on a QoQ basis from 20.59% in Q4 2025.
Hut 8 (HUT) Tax Rate (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has 5 years of Tax Rate data on file, last reported at 16.19% in Q1 2026.
- Quarterly Tax Rate rose 312.0% year-over-year to 16.19% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.0% (down 23846.0% YoY) and the FY2025 annual result came in at 17.29%, down 782.0% from the prior year.
- Tax Rate fell to 16.19% in Q1 2026, from 20.59% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 42.47% in Q4 2024 to a low of 122.45% in Q3 2022.
- A 5-year average of 4.18% and a median of 9.35% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate soared 12808 bps — and 2025, when it plunged 2188 bps.
- Tracing HUT's Tax Rate over 5 years: stood at 122.45% in 2022, then surged by 94 bps to 7.37% in 2023, then surged by 676 bps to 42.47% in 2024, then tumbled by 52 bps to 20.59% in 2025, then dropped by 21 bps to 16.19% in 2026.
- The last three Tax Rate figures came in at 16.19% (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 | 338.83 Bn | 205.30 Bn | - | 23.07% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 22.60% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 22.24% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -16.38% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 19.18% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 2.46% |
| 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 | - | 26.43% |
| 10 | Hut 8 | 12.46 Bn | 5.98 Bn | 48.04 Mn | 15.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.10% |
| Jun 30, 2026 | 15.10% |
| Jun 30, 2026 | 15.10% |
| Mar 31, 2026 | 16.19% |
| Mar 31, 2026 | 16.19% |
| Mar 31, 2026 | 16.19% |
| Dec 31, 2025 | 20.59% |
| Dec 31, 2025 | 20.59% |
| Dec 31, 2025 | 20.59% |
| Sep 30, 2025 | 27.31% |
| Sep 30, 2025 | 27.31% |
| Sep 30, 2025 | 27.31% |
| Jun 30, 2025 | 16.71% |
| Jun 30, 2025 | 16.71% |
| Jun 30, 2025 | 16.71% |
| Mar 31, 2025 | 13.07% |
| Mar 31, 2025 | 13.07% |
| Mar 31, 2025 | 13.07% |
| Dec 31, 2024 | 42.47% |
| Dec 31, 2024 | 42.47% |