Hut 8 (HUT) Payables (2023 - 2026)
Hut 8's (HUT) quarterly Payables came in at $304.4 million in Q2 2026, up 180.1% on a YoY basis from $108.7 million in Q2 2025, and up 24.82% quarter-over-quarter from $243.9 million in Q1 2026.
Analysis
Hut 8 (HUT) Payables (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Payables for 4 consecutive years, with $304.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payables rose 180.1% year-over-year to $304.4 million; the trailing twelve-month figure through Jun 2026 stood at $304.4 million (up 180.1% YoY), and the FY2025 full-year result was $241.4 million, up 126.15% from the prior year.
- Payables improved to $304.4 million in Q2 2026 per HUT's latest filing, from $243.9 million in the prior quarter.
- Across five years, Payables topped out at $304.4 million in Q2 2026 and bottomed at $4.9 million in Q2 2023.
- Historically, Payables has averaged $112.1 million across 4 years, with a median of $97.2 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Payables jumped 815.4% in 2024, then soared 126.15% in 2025.
- Over 4 years, Payables stood at $43.8 million in 2023, then jumped by 143.96% to $106.8 million in 2024, then surged by 126.15% to $241.4 million in 2025, then increased by 26.1% to $304.4 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $304.4 million, $243.9 million, and $241.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 10.23 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 1.83 Bn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 304.42 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 18.13 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | 6.33 Mn |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 345.89 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 11.23 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 203.26 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 46.69 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 120.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 304.42 Mn |
| Mar 31, 2026 | 243.89 Mn |
| Dec 31, 2025 | 241.42 Mn |
| Sep 30, 2025 | 192.09 Mn |
| Jun 30, 2025 | 108.68 Mn |
| Mar 31, 2025 | 97.25 Mn |
| Dec 31, 2024 | 106.75 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 |