earnings
confidence high
sentiment positive
materiality 0.75
HIVE FY2026 revenue $297.8M (+158% YoY); GAAP net loss $148.4M
HIVE Digital Technologies Ltd.
- Total revenue $297.8M (+158% YoY) from digital currency mining ($278.3M) and HPC hosting ($19.5M).
- Bitcoin production 2,885 BTC (+104% YoY); installed hashrate 25.1 EH/s as of March 31, 2026.
- GAAP net loss $148.4M includes $170.4M depreciation and $50.9M non-cash adjustments; Adjusted EBITDA $72.9M (24% margin).
- Gross operating margin expanded to 36% from 22% YoY; HPC revenue up 94% to $19.5M.
- Digital assets $10.8M including 150 Bitcoin; G&A increased to $31.4M from $16.6M.