This paper examines the presence of risk factors in youth hate crime offending by utilizing a nationally representative delinquency survey collected in Finland in 2020 (n=5674). Using multinomial logistic regression, several variables associated with youth hate crime offending and non-hate offending were identified, and differences between these offending groups were addressed. The examined risk factors stem from three criminological theories: social bond theory, social learning theory, and general strain theory. Results show that low parental control and immigrant background were significantly associated only with hate crime offending, while identifying as a boy, not identifying either as a boy or a girl, reporting parental physical punishment, low adolescent disclosure, and having delinquent friends were significantly associated with both hate crime offending and non-hate offending. The association of “not identifying either as a boy or girl” was stronger with the hate crime offending group. The results are discussed in relation to the theories and previous research.