Hut 8 (HUT) Capital Leases (2023 - 2025)
Hut 8's (HUT) quarterly Capital Leases came in at $15.7 million in Q3 2025, down 22.09% on a YoY basis from $20.2 million in Q3 2024, and down 13.58% quarter-over-quarter from $18.2 million in Q2 2025.
Analysis
Hut 8 (HUT) Capital Leases (2023 - 2025) Analysis & Trends
Hut 8 (HUT) has reported Capital Leases for 3 consecutive years, with $15.7 million the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, Capital Leases fell 22.09% year-over-year to $15.7 million; the trailing twelve-month figure through Sep 2025 stood at $15.7 million (down 22.09% YoY), and the FY2024 full-year result was $18.9 million, up 2761.88% from the prior year.
- Capital Leases retreated to $15.7 million in Q3 2025 per HUT's latest filing, from $18.2 million in the prior quarter.
- Across five years, Capital Leases topped out at $22.1 million in Q1 2024 and bottomed at $661000.0 in Q4 2023.
- Historically, Capital Leases has averaged $16.9 million across 3 years, with a median of $18.6 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Capital Leases soared 2761.88% in 2024, then declined 22.09% in 2025.
- Over 3 years, Capital Leases stood at $661000.0 in 2023, then jumped by 2761.88% to $18.9 million in 2024, then slipped by 16.77% to $15.7 million in 2025.
- According to Business Quant data, Capital Leases over the past three periods registered $15.7 million, $18.2 million, and $17.7 million for Q3 2025, Q2 2025, and Q1 2025 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 |
|---|---|
| Sep 30, 2025 | 15.75 Mn |
| Jun 30, 2025 | 18.22 Mn |
| Mar 31, 2025 | 17.71 Mn |
| Dec 31, 2024 | 18.92 Mn |
| Sep 30, 2024 | 20.21 Mn |
| Jun 30, 2024 | 21.33 Mn |
| Mar 31, 2024 | 22.14 Mn |
| Dec 31, 2023 | 661,000.00 |