Hut 8 (HUT) Accumulated Expenses (2023 - 2026)
Hut 8's (HUT) quarterly Accumulated Expenses came in at $48.6 million in Q2 2026, up 1504.26% quarter-over-quarter from $3.0 million in Q4 2025.
Analysis
Hut 8 (HUT) Accumulated Expenses (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Accumulated Expenses for 4 consecutive years, with $48.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Accumulated Expenses changed N/A year-over-year to $48.6 million; the trailing twelve-month figure through Jun 2026 stood at $48.6 million (changed N/A YoY), and the FY2025 full-year result was $3.0 million, down 59.29% from the prior year.
- Accumulated Expenses grew to $48.6 million in Q2 2026 per HUT's latest filing, from $3.0 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $48.6 million in Q2 2026 and bottomed at $3.0 million in Q4 2025.
- Historically, Accumulated Expenses has averaged $11.7 million across 4 years, with a median of $3.9 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Accumulated Expenses surged 76.38% in 2024, then plunged 59.29% in 2025.
- Over 4 years, Accumulated Expenses stood at $4.2 million in 2023, then soared by 76.38% to $7.4 million in 2024, then slumped by 59.29% to $3.0 million in 2025, then jumped by 1504.26% to $48.6 million in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $48.6 million, $3.0 million, and $7.4 million for Q2 2026, Q4 2025, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.58 Mn |
| Dec 31, 2025 | 3.03 Mn |
| Dec 31, 2024 | 7.44 Mn |
| Dec 31, 2023 | 4.22 Mn |
| Sep 30, 2023 | 3.51 Mn |
| Jun 30, 2023 | 3.42 Mn |