Growth Metrics

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

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DateValue
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