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
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