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Hut 8 (HUT) Operating Expenses (2022 - 2025)

Hut 8 (HUT) has disclosed Operating Expenses for 4 consecutive years, with $45.7 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 110.42% year-over-year to $45.7 million, compared with a TTM value of $122.8 million through Dec 2025, up 122.2%, and an annual FY2025 reading of $137.8 million, up 135.81% over the prior year.
  • Operating Expenses was $45.7 million for Q4 2025 at Hut 8, up from $25.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $150.8 million in Q1 2025 and bottomed at -$438.9 million in Q4 2024.
  • Average Operating Expenses over 4 years is -$26.6 million, with a median of $22.4 million recorded in 2023.
  • Peak annual rise in Operating Expenses hit 1231.13% in 2024, while the deepest fall reached 2854.55% in 2024.
  • Year by year, Operating Expenses stood at $29.8 million in 2022, then tumbled by 46.46% to $15.9 million in 2023, then crashed by 2854.55% to -$438.9 million in 2024, then soared by 110.42% to $45.7 million in 2025.
  • Business Quant data shows Operating Expenses for HUT at $45.7 million in Q4 2025, $25.9 million in Q3 2025, and -$99.6 million in Q2 2025.