Hut 8 (HUT) Operating Leases (2023 - 2026)

Hut 8 (HUT) reported Operating Leases of $15.3 million for Q1 2026, down 15.77% on a YoY basis from $18.2 million in Q1 2025, and down 5.96% quarter-over-quarter from $16.3 million in Q4 2025.

Hut 8 (HUT) Operating Leases (2023 - 2026) Analysis & Trends

Hut 8 has reported Operating Leases for 4 years, with the latest figure at $15.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 15.77% year-over-year to $15.3 million; the trailing twelve-month figure through Mar 2026 stood at $15.3 million (down 15.77% YoY), and the FY2025 full-year result was $16.3 million, down 12.83% from the prior year.
  • Operating Leases for Q1 2026 stood at $15.3 million, down from $16.3 million in the prior quarter.
  • The five-year high for Operating Leases was $18.8 million in Q3 2024, with the low at $838000.0 in Q3 2023.
  • Historically, Operating Leases has averaged $13.6 million across 4 years, with a median of $15.8 million in 2025.
  • Annual changes were most pronounced in 2024 — Operating Leases soared 2145.94% — and 2026, when it slipped 15.77%.
  • Hut 8's Operating Leases stood at $13.7 million in 2023, then surged by 35.96% to $18.7 million in 2024, then decreased by 12.83% to $16.3 million in 2025, then fell by 5.96% to $15.3 million in 2026.
  • The last three Operating Leases figures came in at $15.3 million (Q1 2026), $16.3 million (Q4 2025), and $16.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn -
2 Morgan Stanley 349.82 Bn 216.29 Bn -
3 Goldman Sachs 333.85 Bn -603.70 Bn -
4 Schwab Charles 160.31 Bn 115.33 Bn -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn -
8 Tradeweb Markets 21.20 Bn 19.96 Bn -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn
10 Hut 8 13.75 Bn 13.90 Bn 45.47 Mn

Historic Data

Download Data
DateValue
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