HIVE Digital Technologies (HIVE) Financial Statements & Analysis

HIVE Digital Technologies (HIVE) Income Statement

HIVE Digital Technologies reported revenue of $297.79M in fiscal 2026 (fiscal year ended Mar 31, 2026), up 158.3% from $115.28M a year earlier. HIVE Digital Technologies posted a net loss of $148.45M, compared with a net loss of $3.00M a year earlier. Gross margin was -21.0% and operating margin -39.1%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $79.12M, up 73.5% from the same quarter a year earlier.

HIVE Digital Technologies Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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HIVE Digital Technologies Ltd. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Jun 2023	Mar 2023	Jun 2022	Mar 2022	Jun 2021	Mar 2021	Jun 2020	Jun 2019	Jun 2018	Mar 2017
Revenue & Gross Profit
Revenue	297.79	115.28	114.47	106.32	106.32	211.26	211.18	88.34	67.69	29.41	16.36	152.90	169.83
Cost of Revenue	360.32	154.62	140.54	137.19	55.46	114.27	47.25	27.51	27.51	27.01	54.12	6.11	55.30
Gross Profit	-62.53	-39.34	-26.08	-30.46	-30.88	96.91	114.27	60.83	40.18	2.40	-37.76	102.67	114.53
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	-	0.00	-	0.00	-	0.00	35.65	36.42	41.50
Selling, General & Administrative	56.85	27.54	20.45	21.62	13.24	17.71	10.95	6.80	5.14	5.43	5.87	6.27	0.05
Operating Expenses	53.93	26.57	27.23	21.62	120.61	17.63	21.00	6.80	8.09	5.43	5.87	9.36	0.05
Operating Income	-116.46	-65.91	-53.31	-52.50	-151.48	79.28	93.27	54.03	32.09	-3.03	-43.63	0.78	-
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	-	0.00	-	0.00	-	0.00	0.00	0.24	0.47
Interest Expense	1.33	2.29	3.02	3.96	-3.96	3.87	-3.87	1.21	-1.21	0.42	0.18	0.12	0.47
Other Income/Expense	-26.79	67.52	89.02	-183.64	-86.86	2.76	-0.46	-20.03	-10.38	2.20	-94.40	-17.92	-0.47
Income
Income Before Tax	-144.58	1.61	32.69	-236.13	-236.13	82.04	82.04	24.30	21.71	-0.83	-138.03	-25.57	-0.53
Income Tax Expense	3.87	4.61	6.19	0.29	0.29	2.42	2.42	0.15	0.15	0.83	-0.23	0.23	0.00
Net Income	-148.45	-3.00	26.50	-236.42	-236.42	79.62	79.62	24.14	24.14	-1.66	-137.80	-26.24	-
Net Income - Continuous Operations	-148.45	-3.00	26.50	-236.42	-236.42	79.62	79.62	24.14	-	-1.66	-137.80	-26.24	-
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	27.17	68.39	99.31	-150.44	-45.99	153.07	143.89	36.18	42.76	5.51	-106.57	-4.46	0.00
EBIT	-143.26	3.90	35.71	-	-125.21	-	79.28	-	32.09	-	-	-	-
Depreciation & Amortization	170.43	64.49	63.60	81.73	79.22	67.16	64.61	10.67	8.49	6.30	28.80	3.18	0.06
Earnings Per Share
Basic EPS	-1.00	-	-	-3.00	-3.00	1.00	1.00	-	-	-	-2.00	-1.00	-
Diluted EPS	-1.00	-	-	-3.00	-3.00	1.00	1.00	-	-	-	-2.00	-1.00	-
Basic Shares Outstanding	225.42	127.94	90.01	82.87	82.87	77.72	77.72	69.41	69.41	65.38	62.92	38.21	9.48
Diluted Shares Outstanding	225.42	127.94	90.01	82.87	82.87	84.81	84.81	73.29	73.29	65.38	62.92	38.21	9.48

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About HIVE Digital Technologies Financial Statements

What was HIVE Digital Technologies's revenue in fiscal 2026?

HIVE Digital Technologies reported revenue of $297.79M in fiscal 2026 (fiscal year ended Mar 31, 2026). That was up 158.3% from $115.28M a year earlier.

Is HIVE Digital Technologies profitable?

No. HIVE Digital Technologies reported a net loss of $148.45M in fiscal 2026. In fiscal 2025 it lost $3.00M.

What is HIVE Digital Technologies's operating margin?

HIVE Digital Technologies's operating income was −$116.46M on revenue of $297.79M in fiscal 2026, an operating margin of -39.1%, compared with -57.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition