earnings
confidence high
sentiment negative
materiality 0.80
HIVE Q1 FY27 revenue $79.1M (+73.5% YoY); net loss $142.9M on $84.7M Swedish VAT provision
HIVE Digital Technologies Ltd.
2027-Q1 EPS reported
-$0.54
revenue$79,120,000
- Revenue $79.1M, up 73.5% YoY; digital currency rev $72.1M (1,004 BTC, +147% YoY); HPC rev $7.1M (+52% seq).
- GAAP net loss $142.9M driven by $84.7M non-cash Swedish VAT provision, $53.7M depreciation, $7.1M SBC, $7.1M derivative FV change.
- Contracted GPU Cloud ARR ~$110M after $225M, 3-yr Bell AI Fabric/Cohere deal (2,304 GB200 GPUs); targeting $200M ARR by Q4 2026.
- Signed LOI for 32 MW Big Boden colocation (~$45M potential annual revenue); total HPC ARR pipeline ~$155M.
- Adjusted EBITDA $13.4M (17% of revenue); cash $208M; issued 9.86M ATM shares for $31.1M gross proceeds.