Hut 8 (HUT) Interest Expenses (2022 - 2026)
Hut 8 (HUT) reported Interest Expenses of $9.2 million for Q1 2026, up 23.75% on a YoY basis from $7.5 million in Q1 2025, and up 65.29% quarter-over-quarter from $5.6 million in Q4 2025.
Hut 8 (HUT) Interest Expenses (2022 - 2026) Analysis & Trends
Hut 8 has reported Interest Expenses for 5 years, with the latest figure 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.
- The five-year high for Interest Expenses was $11.7 million in Q4 2023, with the low at $4.0 million in Q3 2022.
- Historically, Interest Expenses has averaged $7.4 million across 5 years, with a median of $7.5 million in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses surged 42.5% — and 2025, when it slumped 41.52%.
- Hut 8's Interest Expenses stood at $4.0 million in 2022, then surged by 191.36% to $11.7 million in 2023, then slipped by 18.27% to $9.6 million in 2024, then tumbled by 41.52% to $5.6 million in 2025, then soared 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) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 12.57 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 17.08 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 818.00 Mn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 1.04 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 100.29 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 624,000.00 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 14.84 Mn |
| 10 | Hut 8 | 13.75 Bn | 13.90 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 |