Hut 8 (HUT) Operating Leases (2023 - 2026)
Hut 8's (HUT) quarterly Operating Leases came in at $25.9 million in Q2 2026, up 44.91% on a YoY basis from $17.8 million in Q2 2025, and up 68.88% quarter-over-quarter from $15.3 million in Q1 2026.
Analysis
Hut 8 (HUT) Operating Leases (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Operating Leases for 4 consecutive years, with $25.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 44.91% year-over-year to $25.9 million; the trailing twelve-month figure through Jun 2026 stood at $25.9 million (up 44.91% YoY), and the FY2025 full-year result was $16.3 million, down 12.83% from the prior year.
- Operating Leases rose to $25.9 million in Q2 2026 per HUT's latest filing, from $15.3 million in the prior quarter.
- Across five years, Operating Leases topped out at $25.9 million in Q2 2026 and bottomed at $838000.0 in Q3 2023.
- Historically, Operating Leases has averaged $14.5 million across 4 years, with a median of $16.3 million in 2025.
- The sharpest annual moves came in 2024 and 2026: Operating Leases jumped 2145.94% in 2024, then dropped 15.77% in 2026.
- Over 4 years, Operating Leases stood at $13.7 million in 2023, then jumped by 35.96% to $18.7 million in 2024, then dropped by 12.83% to $16.3 million in 2025, then jumped by 58.82% to $25.9 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $25.9 million, $15.3 million, and $16.3 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 | 25.85 Mn |
| Mar 31, 2026 | 15.31 Mn |
| Dec 31, 2025 | 16.28 Mn |
| Sep 30, 2025 | 16.83 Mn |
| Jun 30, 2025 | 17.84 Mn |
| Mar 31, 2025 | 18.18 Mn |
| Dec 31, 2024 | 18.68 Mn |
| Sep 30, 2024 | 18.82 Mn |
| Jun 30, 2024 | 12.30 Mn |
| Mar 31, 2024 | 13.10 Mn |
| Dec 31, 2023 | 13.74 Mn |
| Sep 30, 2023 | 838,000.00 |
| Jun 30, 2023 | 943,000.00 |