Hut 8 (HUT) Interest Expenses (2022 - 2026)
Hut 8's (HUT) quarterly Interest Expenses came in at $111.6 million in Q1 2026, up 1394.68% YoY from $7.5 million in Q1 2025, and up 1241.96% on a QoQ basis from $8.3 million in Q4 2025.
Hut 8 (HUT) Interest Expenses (2022 - 2026) Analysis & Trends
Hut 8 (HUT) has 5 years of Interest Expenses data on file, last reported at $111.6 million in Q1 2026.
- Quarterly Interest Expenses rose 1394.68% year-over-year to $111.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $111.6 million (up 606.66% YoY) and the FY2025 annual result came in at $115.6 million, up 95.46% from the prior year.
- Interest Expenses improved to $111.6 million in Q1 2026, from $8.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $111.6 million in Q1 2026 to a low of -$9.1 million in Q4 2024.
- A 5-year average of $32.5 million and a median of $23.2 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses plunged 177.53% — and 2026, when it surged 1394.68%.
- Tracing HUT's Interest Expenses over 5 years: stood at $4.1 million in 2022, then jumped by 186.86% to $11.7 million in 2023, then sank by 177.53% to -$9.1 million in 2024, then jumped by 191.7% to $8.3 million in 2025, then soared by 1241.96% to $111.6 million in 2026.
- The last three Interest Expenses figures came in at $111.6 million (Q1 2026), $8.3 million (Q4 2025), and $93.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.12 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 18.09 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 789.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 102.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 1.18 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 101.50 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 505,000.00 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Hut 8 | 9.41 Bn | 2.62 Bn | 48.04 Mn | 51.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 220.61 Mn |
| Jun 30, 2026 | 220.61 Mn |
| Mar 31, 2026 | 111.64 Mn |
| Mar 31, 2026 | 111.64 Mn |
| Dec 31, 2025 | 8.32 Mn |
| Dec 31, 2025 | 8.32 Mn |
| Sep 30, 2025 | 93.39 Mn |
| Sep 30, 2025 | 93.39 Mn |
| Jun 30, 2025 | 49.41 Mn |
| Jun 30, 2025 | 49.41 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Dec 31, 2024 | -9.07 Mn |
| Dec 31, 2024 | -9.07 Mn |
| Sep 30, 2024 | 37.80 Mn |
| Sep 30, 2024 | 37.80 Mn |
| Jun 30, 2024 | 49.17 Mn |
| Jun 30, 2024 | 49.17 Mn |
| Mar 31, 2024 | 43.56 Mn |
| Mar 31, 2024 | 43.56 Mn |