HIVE Digital Technologies Ltd. (HIVE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HIVE SEC filings page.
HIVE Digital Technologies Ltd. (HIVE) reported $331.3M in revenue over the twelve months to Jun 30, 2026, up 157.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expanded sharply, but heavy depreciation and investment mean growth remains capital-intensive and dependent on external financing.
The FY2026 net loss of$148M sat beside operating cash flow of$62M , so reported earnings understated cash generated by operations. That gap is consistent with noncash depreciation of$170M , while$223M invested in the business left expansion reliant on financing rather than internally generated cash.
Revenue more than doubled from FY2025 to FY2026 while gross margin improved from
The balance sheet became much tighter for short-term obligations: current ratio fell from 3.7x to 1.1x between FY2025 and FY2026, even as total assets increased. Meanwhile,
Financial Health Signals
Scored against banks for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of HIVE Digital Technologies Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
HIVE Digital Technologies Ltd. earned a return on assets of -23.2% in fiscal year 2026, which is the profit it made on every dollar of assets on its books. This is down from -0.6% the prior year. Earnings ranks banks on that return over three years, and HIVE Digital Technologies Ltd. scores 8/100 among other banks.
HIVE Digital Technologies Ltd. reported revenue of $297.8M in fiscal year 2026, against $115.3M in fiscal year 2025. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and HIVE Digital Technologies Ltd. scores 94/100 among other banks.
HIVE Digital Technologies Ltd. funded 82.8% of its assets with shareholders' equity at the end of fiscal year 2026, holding $529.4M of equity against $639.1M of assets. Capital ranks banks on that cushion, and HIVE Digital Technologies Ltd. scores 98/100 among other banks.
Not available for HIVE Digital Technologies Ltd., and counted as zero in the overall score.
Not available for HIVE Digital Technologies Ltd., and counted as zero in the overall score.
HIVE Digital Technologies Ltd. reported a net loss of $148.4M in fiscal year 2026, against a loss of $3.0M in fiscal year 2025. Stability ranks banks on how steady net income has been across five years, and HIVE Digital Technologies Ltd. scores 9/100 among other banks.
HIVE Digital Technologies Ltd. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
HIVE Digital Technologies Ltd. reported a net loss of $148.4M while generating $62.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
HIVE Digital Technologies Ltd. generated $79.1M in revenue in Q1 2027. This represents an increase of 73.5% from the same quarter a year earlier. Against the prior quarter it is up 10.2%.
HIVE Digital Technologies Ltd. reported -$142.9M in net income in Q1 2027. This represents a decrease of 508.1% from the same quarter a year earlier. Against the prior quarter it is down 87.2%.
HIVE Digital Technologies Ltd. earned -$0.54 per diluted share (EPS) in Q1 2027. This represents a decrease of 400.0% from the same quarter a year earlier. Against the prior quarter it is down 63.6%.
Not reported for Q1 2027.
Cash & Balance Sheet
HIVE Digital Technologies Ltd. held $208.0M in cash as of Q1 2027; long-term debt is not reported for that period.
Not reported for Q1 2027.
Not reported for Q1 2027.
Margins & Returns
HIVE Digital Technologies Ltd.'s gross margin was -37.3% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is down 23.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.7 percentage points.
HIVE Digital Technologies Ltd.'s ROE was -33.8% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is down 40.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 19.4 percentage points.
Not reported for Q1 2027.
Not shown for Q1 2027: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for Q1 2027.
HIVE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'266-K | Q2'266-K | Q1'2610-Q | Q4'2510-K | Q3'256-K | Q2'256-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $79.1M+73.5% | $71.8M+130.5% | $93.1M+218.6% | $87.3M+285.3% | $45.6M+41.5% | $31.2M | $29.2M | $22.6M |
| Gross Profit | -$29.5M-376.3% | -$35.2M-282.8% | -$25.3M-97.9% | $4.1M+127.5% | -$6.2M-157.9% | -$9.2M | -$12.8M | -$15.0M |
| SG&A Expenses | $9.0M+56.9% | $9.4M+78.6% | $8.4M+85.1% | $7.8M+130.7% | $5.8M+67.0% | $5.3M | $4.6M | $3.4M |
| Interest Expense | $438K+508.3% | $385K+369.5% | $92K-15.6% | $79K-33.1% | $72K-31.4% | $82K | $109K | $118K |
| Income Tax | $1.6M+142.7% | $1.7M-46.1% | $496K+303.3% | $1.0M+220.4% | $649K-35.6% | $3.2M | $123K | $318K |
| Net Income | -$142.9M-508.1% | -$76.3M-44.2% | -$91.3M-234.0% | -$15.8M-19846.3% | $35.0M+291.5% | -$52.9M | $68.2M | $80K |
| EPS (Basic) | -$0.54-384.2% | -$0.33+25.0% | -$0.38-171.7% | -$0.07 | $0.19+211.8% | -$0.44 | $0.53 | $0.00 |
| EPS (Diluted) | -$0.54-400.0% | -$0.33 | -$0.38 | -$0.07 | $0.18 | -$0.43 | $0.52 | $0.00 |
| Diluted Shares (Avg) | 266M+38.1% | N/A | 239M | 228M+92.4% | 193M | N/A | 132M | 119M |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Operating Income, EBITDA.
HIVE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'266-K | Q2'266-K | Q1'2610-Q | Q4'2510-K | Q3'256-K | Q2'256-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $924.6M+47.1% | $639.1M+20.2% | $624.0M | $693.0M | $628.7M | $531.6M+73.3% | N/A | N/A |
| Current Assets | $280.0M+55.0% | $59.8M-75.2% | $90.9M | $136.7M | $180.6M | $241.7M+30.5% | N/A | N/A |
| Cash & Equivalents | $208.0M+745.7% | $23.1M-1.1% | $14.1M+42.9% | $22.6M+212.7% | $24.6M-3.9% | $23.4M+141.5% | $9.8M | $7.2M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $18.9M | $15.6M | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $501.9M+635.8% | $109.8M+33.1% | $64.7M | $68.4M | $68.2M | $82.5M+74.4% | N/A | N/A |
| Current Liabilities | $143.1M+170.9% | $54.4M-17.5% | $52.3M | $53.6M | $52.8M | $66.0M+143.2% | N/A | N/A |
| Non-Current Liabilities | $358.9M+2230.4% | $55.4M+235.4% | $12.4M | $14.8M | $15.4M | $16.5M-18.1% | N/A | N/A |
| Total Equity | $422.7M-24.6% | $529.4M+17.9% | $559.3M+29.8% | $624.6M+126.7% | $560.5M+108.7% | $449.1M+73.1% | $430.9M | $275.5M |
| Retained Earnings | -$565.2M-136.6% | -$422.3M-54.2% | -$346.0M | -$254.6M | -$238.8M | -$273.9M-1.1% | N/A | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
HIVE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'266-K | Q2'266-K | Q1'2610-Q | Q4'2510-K | Q3'256-K | Q2'256-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.1M-60.3% | $16.7M-67.6% | $46.0M+261.6% | -$10.6M-392.4% | $10.2M+333.1% | $51.6M | -$28.5M | -$2.2M |
| Depreciation & Amortization | $53.7M+143.9% | $52.7M+193.3% | $57.4M+218.1% | $38.3M+149.0% | $22.0M+68.1% | $18.0M | $18.1M | $15.4M |
| Stock-Based Compensation | $7.1M+23.2% | N/A | $7.0M+98.5% | $5.5M+144.9% | $5.8M+1075.9% | N/A | $3.5M | $2.2M |
| Investing Cash Flow | -$48.1M+22.3% | -$47.0M+54.1% | -$67.8M-27.0% | -$46.1M-144.0% | -$62.0M-583.8% | -$102.4M | -$53.4M | -$18.9M |
| Financing Cash Flow | $228.6M+332.5% | $39.3M-38.7% | $13.2M-84.4% | $54.5M+1963.5% | $52.9M+79.9% | $64.1M | $84.6M | $2.6M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
HIVE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'266-K | Q2'266-K | Q1'2610-Q | Q4'2510-K | Q3'256-K | Q2'256-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -37.3%-23.7pp | -49.0%-19.5pp | -27.2%+16.5pp | 4.7%+70.9pp | -13.6%-6.1pp | -29.5% | -43.7% | -66.1% |
| Net Margin | -180.6% | -106.3% | -98.1% | -18.1%-18.4pp | 76.8%+133.5pp | -169.9% | 233.2% | 0.4% |
| Return on Equity | -33.8%-40.1pp | -14.4%-2.6pp | -16.3%-32.1pp | -2.5%-2.6pp | 6.3%+13.1pp | -11.8% | 15.8% | 0.0% |
| Return on Assets | -15.5%-21.0pp | -11.9%-2.0pp | -14.6% | -2.3% | 5.6% | -10.0% | N/A | N/A |
| Current Ratio | 1.96-1.5x | 1.10-2.6x | 1.74 | 2.55 | 3.42 | 3.66-3.2x | N/A | N/A |
| Debt-to-Equity | 1.19+1.1x | 0.210.0x | 0.12 | 0.11 | 0.12 | 0.180.0x | N/A | N/A |
| Asset Turnover | 0.090.0x | 0.11+0.1x | 0.15 | 0.13 | 0.07 | 0.06 | N/A | N/A |
Not reported in any period shown, so not listed: Operating Margin, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| HIVE Digital Technologies Ltd. HIVE | FY2026 | $297.8M | -$148.4M | -49.9% | $685.7M | 35/100 |
| Bit Digital, Inc. BTBT | FY2025 | $113.6M | -$80.3M | -70.7% | $465.2M | 35/100 |
| Oppenheimer Holdings, Inc. OPY | FY2025 | $1.6B | $148.4M | 9.1% | $1.2B | 47/100 |
| BitFuFu Inc. FUFU | FY2025 | $477.5M | -$31.3M | -6.5% | $229.2M | 39/100 |
| Bitfarms Ltd. BITF | FY2025 | $229.3M | -$284.5M | N/A | $1.2B | 35/100 |
| A-Mark Precious Metals, Inc. AMRK | FY2025 | $11.0B | $17.3M | 0.2% | $720.8M | 45/100 |
Where HIVE Digital Technologies Ltd. Ranks
Frequently Asked Questions
What is HIVE Digital Technologies Ltd.'s annual revenue?
HIVE Digital Technologies Ltd. (HIVE) reported $297.8M in total revenue for fiscal year 2026. This represents a 158.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is HIVE Digital Technologies Ltd.'s revenue growing?
HIVE Digital Technologies Ltd. (HIVE) revenue grew by 158.3% year-over-year, from $115.3M to $297.8M in fiscal year 2026.
Is HIVE Digital Technologies Ltd. profitable?
No, HIVE Digital Technologies Ltd. (HIVE) reported a net income of -$148.4M in fiscal year 2026, with a net profit margin of -49.9%.
What is HIVE Digital Technologies Ltd.'s gross margin?
HIVE Digital Technologies Ltd. (HIVE) had a gross margin of -21.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is HIVE Digital Technologies Ltd.'s net profit margin?
HIVE Digital Technologies Ltd. (HIVE) had a net profit margin of -49.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is HIVE Digital Technologies Ltd.'s return on equity (ROE)?
HIVE Digital Technologies Ltd. (HIVE) has a return on equity of -28.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is HIVE Digital Technologies Ltd.'s operating cash flow?
HIVE Digital Technologies Ltd. (HIVE) generated $62.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are HIVE Digital Technologies Ltd.'s total assets?
HIVE Digital Technologies Ltd. (HIVE) had $639.1M in total assets as of fiscal year 2026, including both current and long-term assets.
What is HIVE Digital Technologies Ltd.'s current ratio?
HIVE Digital Technologies Ltd. (HIVE) had a current ratio of 1.10 as of fiscal year 2026, which is considered adequate.
What is HIVE Digital Technologies Ltd.'s debt-to-equity ratio?
HIVE Digital Technologies Ltd. (HIVE) had a debt-to-equity ratio of 0.21 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is HIVE Digital Technologies Ltd.'s return on assets (ROA)?
HIVE Digital Technologies Ltd. (HIVE) had a return on assets of -23.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is HIVE Digital Technologies Ltd.'s P/E ratio?
HIVE Digital Technologies Ltd. (HIVE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $685.7M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is HIVE Digital Technologies Ltd.'s price-to-sales ratio?
HIVE Digital Technologies Ltd. (HIVE) trades at 2.1x sales, its market capitalization divided by revenue of $331.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $685.7M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is HIVE Digital Technologies Ltd.'s Piotroski F-Score?
HIVE Digital Technologies Ltd. (HIVE) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are HIVE Digital Technologies Ltd.'s earnings high quality?
HIVE Digital Technologies Ltd. (HIVE) reported a net loss of $148.4M while generating $62.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is HIVE Digital Technologies Ltd.?
HIVE Digital Technologies Ltd. (HIVE) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.