Hut 8 (HUT) Payables (2023 - 2026)
Hut 8's (HUT) quarterly Payables came in at $43.9 million in Q1 2026, up 32.47% YoY from $33.2 million in Q1 2025, and down 1.33% on a QoQ basis from $44.5 million in Q4 2025.
Hut 8 (HUT) Payables (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has 4 years of Payables data on file, last reported at $43.9 million in Q1 2026.
- Quarterly Payables rose 32.47% year-over-year to $43.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.9 million (up 32.47% YoY) and the FY2025 annual result came in at $44.5 million, down 26.08% from the prior year.
- Payables slipped to $43.9 million in Q1 2026, from $44.5 million in the prior quarter.
- In the past five years, Payables ranged from a high of $66.4 million in Q3 2025 to a low of $4.9 million in Q2 2023.
- A 4-year average of $38.1 million and a median of $43.8 million in 2023 frame the typical range for Payables.
- Annual changes were most pronounced in 2024 — Payables soared 815.4% — and 2025, when it declined 26.08%.
- Tracing HUT's Payables over 4 years: stood at $43.8 million in 2023, then jumped by 37.63% to $60.2 million in 2024, then decreased by 26.08% to $44.5 million in 2025, then retreated by 1.33% to $43.9 million in 2026.
- The last three Payables figures came in at $43.9 million (Q1 2026), $44.5 million (Q4 2025), and $66.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 446.07 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 647.87 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 263.63 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 646.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 832.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 812.16 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 175.24 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 418.59 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 1.66 Bn |
| 10 | Hut 8 | 9.41 Bn | 2.62 Bn | 48.04 Mn | 304.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.71 Mn |
| Mar 31, 2026 | 43.93 Mn |
| Dec 31, 2025 | 44.52 Mn |
| Sep 30, 2025 | 66.44 Mn |
| Jun 30, 2025 | 45.55 Mn |
| Mar 31, 2025 | 33.16 Mn |
| Dec 31, 2024 | 60.22 Mn |
| Sep 30, 2024 | 32.24 Mn |
| Jun 30, 2024 | 44.89 Mn |
| Mar 31, 2024 | 31.87 Mn |
| Dec 31, 2023 | 43.76 Mn |
| Sep 30, 2023 | 5.30 Mn |
| Jun 30, 2023 | 4.90 Mn |