HIVE Digital Technologies Ltd Financials
HIVE Digital Technologies Ltd (HIVE) reported $297.8M in revenue for fiscal year 2026, up 158.3% from the prior fiscal year. 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 expansion is being funded by heavy reinvestment and financing while depreciation keeps reported profitability deeply negative.
Revenue more than doubled to$298M in FY2026, yet net loss widened to-$148M , so scale has not translated into earnings. With depreciation and amortization at$170M and operating cash flow at$62M , the loss is heavily shaped by asset intensity rather than equivalent cash losses alone.
Gross margin remained negative in all three years but improved to
Investing consumed
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.
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 passes 4 of 7 computable financial strength tests (2 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 $297.8M in revenue in fiscal year 2026. This represents an increase of 158.3% from the prior year.
HIVE Digital Technologies Ltd reported -$148.4M in net income in fiscal year 2026. This represents a decrease of 4854.9% from the prior year.
HIVE Digital Technologies Ltd earned -$0.66 per diluted share (EPS) in fiscal year 2026.
Not reported for fiscal year 2026.
Cash & Balance Sheet
HIVE Digital Technologies Ltd held $23.1M in cash as of fiscal year 2026; long-term debt is not reported for that period.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
HIVE Digital Technologies Ltd's gross margin was -21.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 13.1 percentage points from the prior year.
HIVE Digital Technologies Ltd's net profit margin was -49.9% in fiscal year 2026, showing the share of revenue converted to profit. This is down 47.3 percentage points from the prior year.
HIVE Digital Technologies Ltd's ROE was -28.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 27.4 percentage points from the prior year.
Not reported for fiscal year 2026.
Capital Allocation
None of these metrics is reported for fiscal year 2026.
HIVE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 |
|---|---|---|---|---|
| Revenue | $331.3M | $297.8M+158.3% | $115.3M+0.7% | $114.5M |
| Gross Profit | -$85.8M | -$62.5M-58.9% | -$39.3M-50.9% | -$26.1M |
| SG&A Expenses | $34.7M | $31.4M+88.6% | $16.6M+26.1% | $13.2M |
| Interest Expense | $994K | $628K+51.7% | $414K+4.3% | $397K |
| Income Tax | $4.8M | $3.9M-16.1% | $4.6M-25.5% | $6.2M |
| Net Income | -$326.4M | -$148.4M-4854.9% | -$3.0M-111.3% | $26.5M |
| EPS (Diluted) | — | -$0.66 | -$0.02 | $0.29 |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HIVE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| Total Assets | $639.1M+20.2% | $531.6M+73.3% | $306.7M |
| Current Assets | $59.8M-75.2% | $241.7M+30.5% | $185.2M |
| Cash & Equivalents | $23.1M-1.1% | $23.4M+141.5% | $9.7M |
| Accounts Receivable | $15.6M | N/A | N/A |
| Total Liabilities | $109.8M+33.1% | $82.5M+74.4% | $47.3M |
| Current Liabilities | $54.4M-17.5% | $66.0M+143.2% | $27.1M |
| Total Equity | $529.4M+17.9% | $449.1M+73.1% | $259.4M |
| Retained Earnings | -$422.3M-54.2% | -$273.9M-1.1% | -$270.9M |
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.
| Metric | TTM | FY26 | FY25 | FY24 |
|---|---|---|---|---|
| Operating Cash Flow | $56.2M | $62.3M+274.8% | $16.6M+72.6% | $9.6M |
| Investing Cash Flow | -$209.1M | -$222.9M-21.3% | -$183.8M-137.6% | -$77.3M |
| Financing Cash Flow | $335.6M | $159.9M-11.5% | $180.7M+147.6% | $73.0M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HIVE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| Gross Margin | -21.0%+13.1pp | -34.1%-11.3pp | -22.8% |
| Net Margin | -49.9%-47.3pp | -2.6%-25.8pp | 23.2% |
| Return on Equity | -28.0%-27.4pp | -0.7%-10.9pp | 10.2% |
| Return on Assets | -23.2%-22.7pp | -0.6%-9.2pp | 8.6% |
| Current Ratio | 1.10-2.6x | 3.66-3.2x | 6.83 |
| Debt-to-Equity | 0.210.0x | 0.180.0x | 0.18 |
Not reported in any period shown, so not listed: Operating Margin, FCF Margin.
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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 Piotroski F-Score?
HIVE Digital Technologies Ltd (HIVE) has a Piotroski F-Score of 4 out of 7 computable signals; 2 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.