Hut 8 (HUT) Accumulated Expenses (2023 - 2025)
Hut 8 posted quarterly Accumulated Expenses of $8.3 million for Q4 2025, up 12.14% year-on-year from $7.4 million in Q4 2024, and up 12.14% on a QoQ basis from $7.4 million in Q4 2024.
Hut 8 (HUT) has 3 years of Accumulated Expenses data on file, last reported at $8.3 million in Q4 2025.
- For the quarter ending Q4 2025, Accumulated Expenses rose 12.14% year-over-year to $8.3 million; the trailing twelve-month figure through Dec 2025 stood at $8.3 million (up 12.14% YoY), and the FY2025 full-year result was $8.3 million, up 12.14% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $8.3 million, up from $7.4 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $8.3 million in Q4 2025 and bottomed at $3.4 million in Q2 2023.
- The 3-year median for Accumulated Expenses is $4.2 million (2023), against an average of $5.4 million.
- The widest annual swing landed in 2024, when Accumulated Expenses jumped 76.38%; it then advanced 12.14% in 2025.
- A 3-year view of Accumulated Expenses shows it stood at $4.2 million in 2023, then surged by 76.38% to $7.4 million in 2024, then grew by 12.14% to $8.3 million in 2025.
- The last three Accumulated Expenses figures came in at $8.3 million (Q4 2025), $7.4 million (Q4 2024), and $4.2 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.34 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 |