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| Date | Value |
|---|---|
| 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 |