Hut 8 (HUT) Interest Coverage Ratio (2022 - 2026)
Hut 8's (HUT) quarterly Interest Coverage Ratio came in at 4.03 in Q2 2026, down 118.02% on a YoY basis from 22.37 in Q2 2025, and up 89.94% quarter-over-quarter from 40.07 in Q1 2026.
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Analysis
Hut 8 (HUT) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Interest Coverage Ratio for 5 consecutive years, with 4.03 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 118.02% year-over-year to 4.03; the trailing twelve-month figure through Jun 2026 stood at 12.58 (down 230.98% YoY), and the FY2025 full-year result was 10.71, down 169.27% from the prior year.
- Interest Coverage Ratio improved to 4.03 in Q2 2026 per HUT's latest filing, from 40.07 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 42.49 in Q1 2024 and bottomed at 77.76 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 3.46 across 5 years, with a median of 0.08 in 2023.
- The widest YoY moves for Interest Coverage Ratio: up 18293.4% in 2024, down 20506.99% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 0.94 in 2022, then fell by 6.84% to 0.87 in 2023, then jumped by 3269.89% to 29.48 in 2024, then slumped by 363.79% to 77.76 in 2025, then jumped by 94.81% to 4.03 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 4.03, 40.07, and 77.76 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (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 | -25.36 |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -4.03 |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -89.11 |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -83.18 |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | -113.92 |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -3.13 |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -66.59 |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -36.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.03 |
| Mar 31, 2026 | -40.07 |
| Dec 31, 2025 | -77.76 |
| Sep 30, 2025 | 8.43 |
| Jun 30, 2025 | 22.37 |
| Mar 31, 2025 | -19.77 |
| Dec 31, 2024 | 29.48 |
| Sep 30, 2024 | -0.20 |
| Jun 30, 2024 | -14.42 |
| Mar 31, 2024 | 42.49 |
| Dec 31, 2023 | 0.87 |
| Sep 30, 2023 | -0.08 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | -0.23 |
| Sep 30, 2022 | 0.94 |