Hut 8 (HUT) Notes Payables (2023 - 2026)
Hut 8's (HUT) quarterly Notes Payables came in at $234.7 million in Q2 2026, up 261.43% on a YoY basis from $64.9 million in Q2 2025, and up 17.37% quarter-over-quarter from $200.0 million in Q1 2026.
Analysis
Hut 8 (HUT) Notes Payables (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Notes Payables for 4 consecutive years, with $234.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Notes Payables rose 261.43% year-over-year to $234.7 million; the trailing twelve-month figure through Jun 2026 stood at $234.7 million (up 261.43% YoY), and the FY2025 full-year result was $199.9 million, up 207.74% from the prior year.
- Notes Payables advanced to $234.7 million in Q2 2026 per HUT's latest filing, from $200.0 million in the prior quarter.
- Across five years, Notes Payables topped out at $234.7 million in Q2 2026 and bottomed at $921000.0 in Q3 2024.
- Historically, Notes Payables has averaged $87.9 million across 4 years, with a median of $65.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Notes Payables slipped 6.5% in 2024, then soared 14024.32% in 2025.
- Over 4 years, Notes Payables stood at $985000.0 in 2023, then surged by 6495.43% to $65.0 million in 2024, then jumped by 207.74% to $199.9 million in 2025, then climbed by 17.4% to $234.7 million in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $234.7 million, $200.0 million, and $199.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 234.71 Mn |
| Mar 31, 2026 | 199.97 Mn |
| Dec 31, 2025 | 199.93 Mn |
| Sep 30, 2025 | 130.09 Mn |
| Jun 30, 2025 | 64.94 Mn |
| Mar 31, 2025 | 64.98 Mn |
| Dec 31, 2024 | 64.97 Mn |
| Sep 30, 2024 | 921,000.00 |
| Jun 30, 2024 | 3.63 Mn |
| Sep 30, 2023 | 985,000.00 |
| Jun 30, 2023 | 1.30 Mn |