Hut 8 (HUT) Interest Expenses (2022 - 2026)
Hut 8 posted quarterly Interest Expenses of $9.2 million for Q1 2026, up 23.75% year-on-year from $7.5 million in Q1 2025, and up 65.29% on a QoQ basis from $5.6 million in Q4 2025.
Hut 8 (HUT) has 5 years of Interest Expenses data on file, last reported at $9.2 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 23.75% year-over-year to $9.2 million; the trailing twelve-month figure through Mar 2026 stood at $31.8 million (up 2.79% YoY), and the FY2025 full-year result was $30.1 million, up 0.94% from the prior year.
- Interest Expenses for Q1 2026 stood at $9.2 million, up from $5.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $11.7 million in Q4 2023 and bottomed at $4.0 million in Q3 2022.
- The 5-year median for Interest Expenses is $7.5 million (2023), against an average of $7.4 million.
- The widest annual swing landed in 2023, when Interest Expenses surged 42.5%; it then plunged 41.52% in 2025.
- A 5-year view of Interest Expenses shows it stood at $4.0 million in 2022, then soared by 191.36% to $11.7 million in 2023, then dropped by 18.27% to $9.6 million in 2024, then slumped by 41.52% to $5.6 million in 2025, then jumped by 65.29% to $9.2 million in 2026.
- The last three Interest Expenses figures came in at $9.2 million (Q1 2026), $5.6 million (Q4 2025), and $8.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 12.57 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 17.08 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 818.00 Mn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | - |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 1.04 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 100.29 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 14.84 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 624,000.00 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 9.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.24 Mn |
| Mar 31, 2026 | 9.24 Mn |
| Dec 31, 2025 | 5.59 Mn |
| Dec 31, 2025 | 5.59 Mn |
| Sep 30, 2025 | 8.62 Mn |
| Sep 30, 2025 | 8.62 Mn |
| Jun 30, 2025 | 8.40 Mn |
| Jun 30, 2025 | 8.40 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Dec 31, 2024 | 9.56 Mn |
| Dec 31, 2024 | 9.56 Mn |
| Sep 30, 2024 | 7.94 Mn |
| Sep 30, 2024 | 7.94 Mn |
| Jun 30, 2024 | 6.01 Mn |
| Jun 30, 2024 | 6.01 Mn |
| Mar 31, 2024 | 6.28 Mn |
| Mar 31, 2024 | 6.28 Mn |
| Dec 31, 2023 | 11.70 Mn |
| Dec 31, 2023 | 11.70 Mn |
| Sep 30, 2023 | 5.72 Mn |
| Sep 30, 2023 | 5.72 Mn |
| Jun 30, 2023 | 5.66 Mn |
| Jun 30, 2023 | 5.66 Mn |
| Mar 31, 2023 | 7.60 Mn |
| Mar 31, 2023 | 7.60 Mn |
| Sep 30, 2022 | 4.02 Mn |
| Sep 30, 2022 | 4.02 Mn |