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
DateValue
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%