Growth Metrics

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 🔒
DateValue
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