Hut 8 (HUT) Operating Expenses (2022 - 2026)

Hut 8 (HUT) has reported Operating Expenses for 5 consecutive years, with $78.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 139.24% year-over-year to $78.0 million; the trailing twelve-month figure through Jun 2026 stood at $233.4 million (up 163.2% YoY), and the FY2025 full-year result was $137.8 million, up 88.96% from the prior year.
• Operating Expenses slipped to $78.0 million in Q2 2026 per HUT's latest filing, from $83.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $83.8 million in Q1 2026 and bottomed at $6.4 million in Q1 2023.
• Historically, Operating Expenses has averaged $31.2 million across 5 years, with a median of $22.4 million in 2023.
• The sharpest annual moves came in 2024 and 2026: Operating Expenses tumbled 49.81% in 2024, then soared 298.02% in 2026.
• Over 5 years, Operating Expenses stood at $29.8 million in 2022, then gained by 26.18% to $37.5 million in 2023, then sank by 49.81% to $18.8 million in 2024, then jumped by 142.69% to $45.7 million in 2025, then soared by 70.65% to $78.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $78.0 million, $83.8 million, and $45.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.