Hut 8 (HUT) Total Debt (2023 - 2026)
Hut 8's (HUT) quarterly Total Debt came in at $7.6 billion in Q2 2026, up 2316.39% on a YoY basis from $316.1 million in Q2 2025, and up 1787.2% quarter-over-quarter from $404.8 million in Q1 2026.
Analysis
Hut 8 (HUT) Total Debt (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has reported Total Debt for 4 consecutive years, with $7.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt rose 2316.39% year-over-year to $7.6 billion; the trailing twelve-month figure through Jun 2026 stood at $7.6 billion (up 2316.39% YoY), and the FY2025 full-year result was $410.2 million, up 12.2% from the prior year.
- Total Debt climbed to $7.6 billion in Q2 2026 per HUT's latest filing, from $404.8 million in the prior quarter.
- Across five years, Total Debt topped out at $7.6 billion in Q2 2026 and bottomed at $141.8 million in Q3 2023.
- Historically, Total Debt has averaged $852.4 million across 4 years, with a median of $316.1 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Total Debt declined 4.91% in 2025, then soared 2316.39% in 2026.
- Over 4 years, Total Debt stood at $187.4 million in 2023, then surged by 95.02% to $365.6 million in 2024, then advanced by 12.2% to $410.2 million in 2025, then jumped by 1762.3% to $7.6 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $7.6 billion, $404.8 million, and $410.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (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 | 7.76 Bn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 7.64 Bn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 843.03 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | 1.60 Mn |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 2.42 Bn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 1.81 Bn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 1.21 Bn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 1.03 Bn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 12.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.64 Bn |
| Mar 31, 2026 | 404.75 Mn |
| Dec 31, 2025 | 410.16 Mn |
| Sep 30, 2025 | 347.47 Mn |
| Jun 30, 2025 | 316.11 Mn |
| Mar 31, 2025 | 309.36 Mn |
| Dec 31, 2024 | 365.55 Mn |
| Sep 30, 2024 | 298.22 Mn |
| Jun 30, 2024 | 332.44 Mn |
| Mar 31, 2024 | 177.60 Mn |
| Dec 31, 2023 | 187.45 Mn |
| Sep 30, 2023 | 141.83 Mn |
| Jun 30, 2023 | 151.19 Mn |