Hut 8 (HUT) Interest Expenses (2022 - 2026)
Hut 8's (HUT) quarterly Interest Expenses came in at $51.2 million in Q2 2026, up 509.34% on a YoY basis from $8.4 million in Q2 2025, and up 453.5% quarter-over-quarter from $9.2 million in Q1 2026.
Analysis
Hut 8 (HUT) Interest Expenses (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Interest Expenses for 5 consecutive years, with $51.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses rose 509.34% year-over-year to $51.2 million; the trailing twelve-month figure through Jun 2026 stood at $74.6 million (up 123.61% YoY), and the FY2025 full-year result was $30.1 million, up 0.94% from the prior year.
- Interest Expenses advanced to $51.2 million in Q2 2026 per HUT's latest filing, from $9.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $51.2 million in Q2 2026 and bottomed at $4.0 million in Q3 2022.
- Historically, Interest Expenses has averaged $11.7 million across 5 years, with a median of $8.4 million in 2025.
- The sharpest annual moves came in 2024 and 2026: Interest Expenses tumbled 58.12% in 2024, then jumped 509.34% in 2026.
- Over 5 years, Interest Expenses stood at $4.0 million in 2022, then jumped by 191.36% to $11.7 million in 2023, then declined by 18.27% to $9.6 million in 2024, then sank by 41.52% to $5.6 million in 2025, then jumped by 814.88% to $51.2 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $51.2 million, $9.2 million, and $5.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | 24.47 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 51.16 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 2.69 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 6.26 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 2.04 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -32.47 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 2.11 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 1.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.16 Mn |
| Mar 31, 2026 | 9.24 Mn |
| Dec 31, 2025 | 5.59 Mn |
| Sep 30, 2025 | 8.62 Mn |
| Jun 30, 2025 | 8.40 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Dec 31, 2024 | 9.56 Mn |
| Sep 30, 2024 | 7.94 Mn |
| Jun 30, 2024 | 6.01 Mn |
| Mar 31, 2024 | 6.28 Mn |
| Dec 31, 2023 | 11.70 Mn |
| Sep 30, 2023 | 18.96 Mn |
| Jun 30, 2023 | 13.23 Mn |
| Mar 31, 2023 | 7.60 Mn |
| Sep 30, 2022 | 4.02 Mn |