Hut 8 (HUT) Tax Rate (2022 - 2026)

Hut 8 (HUT) reported Tax Rate of 16.2% for Q1 2026, up 313.0% on a YoY basis from 3.92% in Q1 2025, and down 21.29% quarter-over-quarter from 20.59% in Q4 2025.

Hut 8 (HUT) Tax Rate (2022 - 2026) Analysis & Trends

Hut 8 has reported Tax Rate for 5 years, with the latest figure 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.
  • The five-year high for Tax Rate was 42.47% in Q4 2024, with the low at 122.45% in Q3 2022.
  • Historically, Tax Rate has averaged 1.73% across 5 years, with a median of 7.83% in 2024.
  • Annual changes were most pronounced in 2023 — Tax Rate surged 12103 bps — and 2025, when it plunged 2188 bps.
  • Hut 8's Tax Rate 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 sank by 52 bps to 20.59% in 2025, then retreated 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 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 19.58
3 Goldman Sachs 333.85 Bn -603.70 Bn - 13.20
4 Schwab Charles 160.31 Bn 115.33 Bn - 22.24
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 15.82
6 Interactive Brokers 42.79 Bn 53.38 Bn - 9.08
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 26.45
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 23.03
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 2.46
10 Hut 8 13.75 Bn 13.90 Bn 45.47 Mn 16.20

Historic Data

Download Data
DateValue
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%