Hut 8 (HUT) Tax Rate (2023 - 2026)
Hut 8's Tax Rate came in at 27.31% for Q3 2025, down 9.42 percentage points from 36.74% a year earlier but up 10.59 percentage points from the prior quarter.
Hut 8 (HUT) Tax Rate (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Hut 8 reported Tax Rate of 40.22%, up 39.19 percentage points year-over-year; for FY2024, it came in at 25.11%.
- The five-year range for quarterly Tax Rate is 1.67% (Q1 2024) to 42.46% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 7.90% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 21.91% |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 12.77% |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | - |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 23.89% |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | - |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 30.70% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 20.40% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 0.57% |
| 10 | Hut 8 | 6.49 Bn | 3.06 Bn | 40.85 Mn | 21.44% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.44% |
| Sep 30, 2025 | 27.31% |
| Jun 30, 2025 | 16.72% |
| Dec 31, 2024 | 42.46% |
| Sep 30, 2024 | 36.74% |
| Mar 31, 2024 | 1.67% |
| Mar 31, 2023 | 1.64% |
Hut 8 Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();