Growth Metrics

Hut 8 (HUT) Cost of Revenue (2022 - 2025)

Historic Cost of Revenue for Hut 8 (HUT) over the last 4 years, with Q3 2025 value amounting to $32.3 million.

  • Hut 8's Cost of Revenue rose 8412.21% to $32.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $93.1 million, marking a year-over-year decrease of 696.11%. This contributed to the annual value of $86.7 million for FY2024, which is 5989.78% up from last year.
  • Hut 8's Cost of Revenue amounted to $32.3 million in Q3 2025, which was up 8412.21% from $21.8 million recorded in Q2 2025.
  • Over the past 5 years, Hut 8's Cost of Revenue peaked at $33.7 million during Q4 2023, and registered a low of $8.5 million during Q1 2023.
  • For the 4-year period, Hut 8's Cost of Revenue averaged around $20.5 million, with its median value being $19.5 million (2024).
  • Examining YoY changes over the last 5 years, Hut 8's Cost of Revenue showed a top increase of 23086.87% in 2024 and a maximum decrease of 3972.4% in 2024.
  • Quarter analysis of 4 years shows Hut 8's Cost of Revenue stood at $18.4 million in 2022, then skyrocketed by 83.15% to $33.7 million in 2023, then plummeted by 39.72% to $20.3 million in 2024, then soared by 59.16% to $32.3 million in 2025.
  • Its Cost of Revenue was $32.3 million in Q3 2025, compared to $21.8 million in Q2 2025 and $18.7 million in Q1 2025.