Hut 8 (HUT) Cost of Revenue (2022 - 2026)

Hut 8 (HUT) has reported Cost of Revenue for 5 consecutive years, with $26.9 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 23.49% year-over-year to $26.9 million; the trailing twelve-month figure through Jun 2026 stood at $119.8 million (up 52.96% YoY), and the FY2025 full-year result was $107.8 million, up 24.37% from the prior year.
• Cost of Revenue improved to $26.9 million in Q2 2026 per HUT's latest filing, from $25.5 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $35.0 million in Q4 2025 and bottomed at $8.5 million in Q1 2023.
• Historically, Cost of Revenue has averaged $24.1 million across 5 years, with a median of $21.8 million in 2025.
• The widest YoY moves for Cost of Revenue: up 230.87% in 2024, down 48.39% in 2024.
• Over 5 years, Cost of Revenue stood at $18.4 million in 2022, then soared by 83.15% to $33.7 million in 2023, then slumped by 39.72% to $20.3 million in 2024, then soared by 72.35% to $35.0 million in 2025, then slipped by 23.19% to $26.9 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $26.9 million, $25.5 million, and $35.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.