Capital Expenditures for Hut 8 (HUT)
According to Hut 8's latest reported financial statements, the company's current capital expenditures (TTM) is $758.95M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

HUT
Currently viewingCapital ExpendituresSwitch metric
Latest period
$758.95M
YoY change
-23.3%
5Y CAGR
+103.5%
Peak year (2024)
$264.60M
Cumulative capital expenditures
$779.53M
CapEx history chart for Hut 8 (HUT) from 2011 to 2025
CapEx history table for Hut 8 (HUT) from 2011 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $202.93M | -23.3% | -$61.67M | ||
| 2024 | $264.60M | +32357.4% | +$263.78M | ||
| 2023 | $815,210 | -98.9% | -$71.89M | ||
| 2022 | $72.70M | -15.9% | -$13.73M | ||
| 2021 | $86.43M | +1387.4% | +$80.62M | ||
| 2020 | $5.81M | -37.1% | -$3.42M | ||
| 2019 | $9.23M | -89.1% | -$75.13M | ||
| 2018 | $84.36M | +60.2% | +$31.72M | ||
| 2017 | $52.65M | — | +$52.65M | ||
| 2016 | $0 | — | $0 | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | — |
CapEx values are taken from Hut 8's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for Hut 8 (HUT) came in at $202.93M – declined 23.3% year-over-year.
Through 2020–2025 (5 years), Hut 8 capital expenditures delivered a +103.5% annualised rate; with the latest reading among the more recent periods of the dataset.
Hut 8 capital expenditures peaked at $264.60M in 2024; the latest annual figure is $202.93M in 2025 (23.3% below peak).
Across the available history, capital expenditures reached its high of $264.60M in 2024 and its low of $0 in 2011.
Hut 8 (HUT) sits 6th of 8 Financial Services peers we track on this metric, against a peer median of $985.50M.
Hut 8 Capital Expenditures by Year
Hut 8 Capital Expenditures 2025: $202.93M
Hut 8 capital expenditures in 2025 was $202.93M, declined 23.3% below 2024.
Hut 8 Capital Expenditures 2024: $264.60M
Hut 8 capital expenditures in 2024 was $264.60M, surged 32357.4% from 2023. This figure represents the highest annual value in the available history.
Hut 8 Capital Expenditures 2023: $815,210
Hut 8 capital expenditures in 2023 was $815,210, plunged 98.9% below 2022.
Hut 8 Capital Expenditures 2022: $72.70M
Hut 8 capital expenditures in 2022 was $72.70M, declined 15.9% below 2021.
Hut 8 Capital Expenditures 2021: $86.43M
Hut 8 capital expenditures in 2021 was $86.43M.
See more financial history for Hut 8 (HUT).
Sector peers — CapEx
Companies in the same sector as Hut 8, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Berkshire Hathaway (BRK-B) | $20.93B | Financial Services |
| Morgan Stanley (MS) | $2.90B | Financial Services |
| Goldman Sachs (GS) | $2.06B | Financial Services |
| Visa (V) | $1.48B | Financial Services |
| Mastercard (MA) | $489.00M | Financial Services |
| JPMorgan Chase (JPM) | $0 | Financial Services |
| Bank of America (BAC) | $0 | Financial Services |
| Wells Fargo (WFC) | $0 | Financial Services |
Frequently asked questions
What is Hut 8's capital expenditures?
Latest reported capital expenditures for Hut 8 (HUT) is $758.95M (period ending March 31, 2026).
How has Hut 8 capital expenditures changed year-over-year?
Hut 8 (HUT) capital expenditures changed -23.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Hut 8 capital expenditures?
Hut 8 (HUT) capital expenditures compound annual growth rate is +103.5% over the most recent 5 years available.
When did Hut 8 capital expenditures hit its highest annual value?
Hut 8 capital expenditures reached its highest annual value of $264.60M in 2024.
What was Hut 8 capital expenditures in 2024?
Hut 8 (HUT) capital expenditures in 2024 was $264.60M.
What was Hut 8 capital expenditures in 2025?
Hut 8 (HUT) capital expenditures in 2025 was $202.93M.
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