Hut 8 (HUT) Capital Expenditures (2022 - 2026)
Hut 8's (HUT) quarterly Capital Expenditures came in at $4.0 million in Q2 2026, down 82.52% on a YoY basis from $22.9 million in Q2 2025, and down 93.48% quarter-over-quarter from $61.3 million in Q1 2026.
Analysis
Hut 8 (HUT) Capital Expenditures (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Capital Expenditures for 5 consecutive years, with $4.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 82.52% year-over-year to $4.0 million; the trailing twelve-month figure through Jun 2026 stood at $405.3 million (up 87.92% YoY), and the FY2025 full-year result was $405.1 million, up 226.76% from the prior year.
- Capital Expenditures declined to $4.0 million in Q2 2026 per HUT's latest filing, from $61.3 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $287.8 million in Q3 2025 and bottomed at $966000.0 in Q1 2023.
- Historically, Capital Expenditures has averaged $43.8 million across 5 years, with a median of $13.5 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Capital Expenditures sank 87.37% in 2023, then soared 5248.42% in 2024.
- Over 5 years, Capital Expenditures stood at $9.0 million in 2022, then retreated by 21.1% to $7.1 million in 2023, then surged by 551.22% to $46.2 million in 2024, then rose by 12.91% to $52.2 million in 2025, then sank by 92.33% to $4.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $4.0 million, $61.3 million, and $52.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 2.15 Bn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 1.33 Bn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 4.00 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 60.73 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 14.78 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 6.10 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -265.99 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 43.09 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 14.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.00 Mn |
| Mar 31, 2026 | 61.32 Mn |
| Dec 31, 2025 | 52.17 Mn |
| Sep 30, 2025 | 287.78 Mn |
| Jun 30, 2025 | 22.89 Mn |
| Mar 31, 2025 | 85.81 Mn |
| Dec 31, 2024 | 46.20 Mn |
| Sep 30, 2024 | 60.76 Mn |
| Jun 30, 2024 | 3.56 Mn |
| Mar 31, 2024 | 13.47 Mn |
| Dec 31, 2023 | 7.10 Mn |
| Sep 30, 2023 | 1.14 Mn |
| Jun 30, 2023 | 966,000.00 |
| Mar 31, 2023 | 966,000.00 |
| Sep 30, 2022 | 8.99 Mn |