Hut 8 (HUT) Total Debt (2023 - 2025)

Hut 8 (HUT) reported Total Debt of $4.4 million for Q3 2025, down 98.51% on a YoY basis from $297.3 million in Q3 2024, and up 145.6% quarter-over-quarter from $1.8 million in Q2 2025.

Hut 8 (HUT) Total Debt (2023 - 2025) Analysis & Trends

Hut 8 has reported Total Debt for 3 years, with the latest figure at $4.4 million in Q3 2025.

  • For the quarter ending Q3 2025, Total Debt fell 98.51% year-over-year to $4.4 million; the trailing twelve-month figure through Sep 2025 stood at $4.4 million (down 98.51% YoY), and the FY2024 full-year result was $254.1 million, up 35.54% from the prior year.
  • Total Debt for Q3 2025 stood at $4.4 million, up from $1.8 million in the prior quarter.
  • The five-year high for Total Debt was $328.8 million in Q2 2024, with the low at $896000.0 in Q1 2025.
  • Historically, Total Debt has averaged $154.3 million across 3 years, with a median of $163.7 million in 2023.
  • Annual changes were most pronounced in 2024 — Total Debt surged 119.37% — and 2025, when it sank 99.5%.
  • Hut 8's Total Debt stood at $187.4 million in 2023, then soared by 35.54% to $254.1 million in 2024, then sank by 98.25% to $4.4 million in 2025.
  • The last three Total Debt figures came in at $4.4 million (Q3 2025), $1.8 million (Q2 2025), and $896000.0 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - 6.94 Mn
2 Morgan Stanley 349.82 Bn 216.29 Bn - 119.83 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 259.45 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
Sep 30, 2025 4.44 Mn
Jun 30, 2025 1.81 Mn
Mar 31, 2025 896,000.00
Dec 31, 2024 254.06 Mn
Sep 30, 2024 297.30 Mn
Jun 30, 2024 328.82 Mn
Mar 31, 2024 177.60 Mn
Dec 31, 2023 187.45 Mn
Sep 30, 2023 140.85 Mn
Jun 30, 2023 149.89 Mn