Hut 8 Corp. (HUT) Income Tax Expense
The tax expense for Hut 8 Corp. (HUT) is $-51.84 Million with a year-over-year change of -145.69%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
HUT Tax Expense Chart
Reported annual fiscal-period values; no daily interpolation.
Current Tax Expense
$-51.84M
$-51.84 Million
Year-over-Year Change
-145.69%
vs. $113.46M prior year
Historical Data
14
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $-51.84M | $-165.29M | -145.69% |
| 2024 | $113.46M | +$113.31M | +79210.06% |
| 2024 | $143,055 | +$1.05M | +115.82% |
| 2023 | $-904,354 | $-6.06M | -117.53% |
| 2021 | $5.16M | +$16.40M | +145.88% |
| 2020 | $-11.24M | $-11.24M | — |
| 2019 | $0 | +$0 | — |
| 2018 | $0 | $-84,661.92 | -100.00% |
| 2017 | $84,661.92 | +$84,661.92 | — |
| 2017 | $0 | +$0 | — |
| 2016 | $0 | +$0 | — |
| 2015 | $0 | +$0 | — |
| 2014 | $0 | +$0 | — |
| 2013 | $0 | — | — |
About Hut 8 Corp.
Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.
- Sector
- Technology
- Industry
- Software - Services
- CEO
- Asher Genoot