Growth Metrics

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 🔒
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
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