NASDAQ : HIVE
HIVE Digital Technologies Ltd. — Financial statements
Financials · Capital Markets · United States
Last price 2.07 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 568.25M
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Financial statements
HIVE Digital Technologies Ltd. (HIVE) reported revenue of 331.30M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 331.30M | 297.79M | 115.28M | 114.47M | 106.32M | 211.18M |
| Cost of Revenue | 215.03M | 189.89M | 90.13M | 76.94M | 55.46M | 47.25M |
| Gross Profit | 116.27M | 107.90M | 25.15M | 37.52M | 50.85M | 163.93M |
| Selling, General & Admin | 34.66M | 31.39M | 16.65M | 13.20M | 13.24M | 10.95M |
| Other Operating Expenses | 13.23M | -10.74M | -33.67M | -81.83M | 72.72M | -75.86K |
| Operating Expenses | 276.77M | 216.53M | 58.35M | 2.22M | 176.07M | 84.65M |
| Operating Income | -160.51M | -108.64M | -33.20M | 35.30M | -125.21M | 79.28M |
| Interest Expense | -2.37M | -1.33M | -2.29M | -3.02M | -3.96M | -3.87M |
| Currency Exchange Gain (Loss) | -6.14M | -391.00K | -5.11M | 2.05M | 1.25M | 3.30M |
| Other Non Operating Income (Expenses) | -128.73M | -19.56M | 4.96M | -6.47M | -22.97M | 10.75M |
| EBT Excluding Unusual Items | -297.74M | -129.91M | -35.64M | 27.86M | -150.90M | 89.46M |
| Impairment of Goodwill | -13.15M | |||||
| Gain (Loss) on Sale of Investments | -22.92M | -16.03M | 18.76M | 3.74M | -13.43M | -837.82K |
| Gain (Loss) on Sale of Assets | -912.00K | 1.36M | 18.49M | 1.08M | -1.40M | 5.38M |
| Asset Writedown | -70.41M | -175.44K | ||||
| Other Unusual Items | 1.37M | |||||
| Pretax Income | -321.58M | -144.58M | 1.61M | 32.69M | -236.13M | 82.04M |
| Income Tax Expense | 4.79M | 3.87M | 4.61M | 6.18M | 289.00K | 2.42M |
| Earnings From Continuing Operations | -326.37M | -148.45M | -3.00M | 26.50M | -236.42M | 79.62M |
| Net Income | -326.37M | -148.45M | -3.00M | 26.50M | -236.42M | 79.62M |
| Net Income to Common | -326.37M | -148.45M | -3.00M | 26.50M | -236.42M | 79.62M |
| Shares Outstanding (Basic) | 246.48M | 225.42M | 127.94M | 90.01M | 82.87M | 77.72M |
| Shares Outstanding (Diluted) | 246.48M | 225.42M | 127.94M | 90.01M | 82.87M | 84.81M |
| EPS (Basic) | -1.32 | -0.66 | -0.02 | 0.29 | -2.85 | 1.02 |
| EPS (Diluted) | -1.33 | -0.66 | -0.02 | 0.29 | -2.85 | 0.94 |
| Free Cash Flow | -93.56M | -103.76M | -183.36M | -69.24M | 1.95M | -146.56M |
| Free Cash Flow Per Share | -0.38 | -0.46 | -1.43 | -0.77 | 0.02 | -1.73 |
| Gross Margin | 35.09% | 36.23% | 21.82% | 32.78% | 47.83% | 77.63% |
| Operating Margin | -48.45% | -36.48% | -28.80% | 30.84% | -117.77% | 37.54% |
| Profit Margin | -98.51% | -49.85% | -2.60% | 23.15% | -222.37% | 37.70% |
| Free Cash Flow Margin | -28.24% | -34.84% | -159.06% | -60.49% | 1.84% | -69.40% |
| EBITDA | 35.78M | 59.00M | 28.88M | 96.72M | -45.99M | 143.89M |
| EBITDA Margin | 10.80% | 19.81% | 25.06% | 84.50% | -43.26% | 68.14% |
| D&A For EBITDA | 196.29M | 167.63M | 62.09M | 61.42M | 79.22M | 64.61M |
| EBIT | -160.51M | -108.64M | -33.20M | 35.30M | -125.21M | 79.28M |
| EBIT Margin | -48.45% | -36.48% | -28.80% | 30.84% | -117.77% | 37.54% |
| Effective Tax Rate | 285.86% | 18.92% | 2.94% | |||
| Revenue as Reported | 331.30M | 297.79M | 115.28M | 114.47M | 106.32M | 211.18M |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 208.04M | 23.11M | 23.38M | 9.68M | 4.37M | 5.32M |
| Short-Term Investments | 10.86M | 9.74M | 24.14M | 6.97M | 2.87M | 17.00M |
| Cash & Short-Term Investments | 218.90M | 32.85M | 47.51M | 16.65M | 7.24M | 22.32M |
| Other Receivables | 8.06M | 8.08M | 3.23M | -738.00K | 4.70M | 3.74M |
| Receivables | 8.06M | 8.08M | 3.23M | -738.00K | 4.70M | 3.74M |
| Prepaid Expenses | 10.82M | 7.48M | 8.53M | 7.67M | 4.66M | 3.02M |
| Other Current Assets | 42.24M | 11.43M | 182.45M | 161.65M | 65.90M | 170.00M |
| Total Current Assets | 280.03M | 59.85M | 241.72M | 185.23M | 82.49M | 199.08M |
| Property, Plant & Equipment | 559.57M | 523.57M | 208.39M | 102.94M | 98.20M | 190.13M |
| Other Intangible Assets | 67.00K | 335.59K | ||||
| Other Long-Term Assets | 85.05M | 55.73M | 81.49M | 18.51M | 15.36M | 62.73M |
| Total Assets | 924.64M | 639.15M | 531.60M | 306.68M | 196.12M | 452.27M |
| Accounts Payable | 12.82M | 10.68M | 11.65M | 7.47M | 6.86M | 7.77M |
| Accrued Expenses | 15.94M | 12.79M | 2.25M | 1.88M | 2.36M | 3.97M |
| Short-Term Debt | 31.00M | |||||
| Current Portion of Long-Term Debt | 3.22M | 3.64M | 8.22M | 10.08M | 9.54M | 10.60M |
| Current Portion of Leases | 12.22M | 12.37M | 2.65M | 2.30M | 2.33M | 2.16M |
| Current Income Taxes Payable | 7.06M | 10.97M | 7.95M | 4.15M | 1.85M | 1.01M |
| Other Current Liabilities | 91.79M | 3.99M | 2.23M | 1.25M | 133.00K | 645.83K |
| Total Current Liabilities | 143.05M | 54.44M | 65.96M | 27.13M | 23.07M | 26.15M |
| Long-Term Debt | 262.63M | 23.84M | 10.20M | 12.28M | 15.41M | 20.07M |
| Long-Term Leases | 96.24M | 31.21M | 3.10M | 5.33M | 8.14M | 10.48M |
| Long-Term Deferred Tax Liabilities | 21.00K | 295.00K | 3.21M | 2.42M | 206.00K | 1.53M |
| Other Long-Term Liabilities | 120.00K | 482.00K | 4.99M | |||
| Total Liabilities | 501.94M | 109.79M | 82.46M | 47.27M | 47.30M | 63.22M |
| Common Stock | 419.21M | 413.66M | ||||
| Additional Paid-In Capital | 981.15M | 944.05M | 716.71M | 523.95M | ||
| Retained Earnings | -565.22M | -422.31M | -273.86M | -270.87M | -296.67M | -60.24M |
| Comprehensive Income & Other | 6.76M | 7.62M | 6.29M | 6.33M | 26.27M | 35.64M |
| Shareholders' Equity | 422.70M | 529.36M | 449.14M | 259.41M | 148.81M | 389.05M |
| Total Liabilities & Equity | 924.64M | 639.15M | 531.60M | 306.68M | 196.12M | 452.27M |
| Total Debt | 374.30M | 71.07M | 55.16M | 29.99M | 35.41M | 43.32M |
| Net Cash (Debt) | -155.41M | -38.21M | -7.65M | -13.34M | -28.18M | -21.00M |
| Net Cash Per Share | -0.63 | -0.17 | -0.06 | -0.15 | -0.34 | -0.25 |
| Filing Date Shares Outstanding | 274.28M | 267.43M | 201.25M | 117.08M | 84.67M | 82.25M |
| Total Common Shares Outstanding | 271.00M | 259.35M | 165.62M | 106.08M | 84.17M | 82.24M |
| Working Capital | 136.97M | 5.41M | 175.76M | 158.10M | 59.42M | 172.92M |
| Book Value Per Share | 1.56 | 2.04 | 2.71 | 2.45 | 1.77 | 4.73 |
| Tangible Book Value | 422.70M | 529.36M | 449.14M | 259.41M | 148.75M | 388.72M |
| Tangible Book Value Per Share | 1.56 | 2.04 | 2.71 | 2.45 | 1.77 | 4.73 |
| Land | 65.12M | 47.06M | 2.24M | 749.00K | 663.00K | 662.91K |
| Buildings | 160.28M | 157.24M | 103.03M | 28.45M | 26.53M | 17.54M |
| Machinery | 650.38M | 652.67M | 312.23M | 292.99M | 229.19M | 306.80M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -326.37M | -148.45M | -3.00M | 26.50M | -236.42M | 79.62M |
| Depreciation & Amortization | 202.09M | 170.43M | 64.49M | 63.60M | 81.73M | 67.02M |
| Loss (Gain) From Sale of Assets | 912.00K | -1.36M | -18.49M | -1.08M | 1.40M | -5.38M |
| Asset Writedown & Restructuring Costs | 70.41M | 13.33M | ||||
| Loss (Gain) From Sale of Investments | 22.92M | 16.03M | -18.76M | -3.74M | 13.43M | 837.82K |
| Stock-Based Compensation | 26.79M | 25.46M | 10.89M | 7.25M | 8.38M | 6.75M |
| Other Operating Activities | 90.79M | -13.67M | -18.12M | -80.92M | -80.04M | -218.65M |
| Change in Accounts Receivable | 16.04M | 1.33M | -4.74M | -772.00K | -5.37M | 60.01K |
| Change in Accounts Payable | 22.99M | 12.58M | 4.37M | -1.19M | -3.80M | 5.14M |
| Change in Income Taxes | 53.72K | |||||
| Change in Other Net Operating Assets | 195.08M | 117.49M | ||||
| Operating Cash Flow | 56.17M | 62.34M | 16.63M | 9.64M | 44.78M | 66.28M |
| Capital Expenditures | -149.72M | -166.10M | -200.00M | -78.88M | -42.83M | -212.84M |
| Sale of Property, Plant & Equipment | 1.71M | 1.61M | 19.19M | 1.88M | 1.94M | 2.98M |
| Divestitures | -237.25K | |||||
| Sale (Purchase) of Real Estate | -36.32M | -21.57M | ||||
| Investment in Securities | -781.00K | -907.00K | 247.00K | -341.00K | -1.89M | |
| Other Investing Activities | -23.96M | -35.94M | -3.21M | |||
| Investing Cash Flow | -209.08M | -222.91M | -183.77M | -77.34M | -40.89M | -211.99M |
| Total Debt Issued | 199.16M | |||||
| Long-Term Debt Repaid | -38.07M | -6.13M | -4.53M | -8.44M | -9.18M | |
| Lease Payments | -2.67M | -2.72M | ||||
| Total Debt Repaid | -22.79M | -38.07M | -6.13M | -4.53M | -8.44M | -9.18M |
| Net Debt Issued (Repaid) | 176.37M | -38.07M | -6.13M | -4.53M | -8.44M | -9.18M |
| Issuance of Common Stock | 159.65M | 198.39M | 187.38M | 57.77M | 3.82M | 37.02M |
| Other Financing Activities | -426.00K | -426.00K | -512.00K | 19.76M | -20.00K | 82.94M |
| Financing Cash Flow | 335.60M | 159.89M | 180.73M | 73.00M | -4.64M | 110.77M |
| Foreign Exchange Rate Adjustments | 748.00K | 425.00K | 102.00K | 2.00K | -202.00K | -38.27K |
| Net Cash Flow | 183.44M | -262.00K | 13.70M | 5.30M | -946.00K | -34.97M |
| Free Cash Flow | -93.56M | -103.76M | -183.36M | -69.24M | 1.95M | -146.56M |
| Free Cash Flow Margin | -28.24% | -34.84% | -159.06% | -60.49% | 1.84% | -69.40% |
| Free Cash Flow Per Share | -0.38 | -0.46 | -1.43 | -0.77 | 0.02 | -1.73 |
| Levered Free Cash Flow | 140.17M | 142.60M | -163.08M | -77.64M | 65.86M | -192.59M |
| Unlevered Free Cash Flow | 141.65M | 143.43M | -161.65M | -75.75M | 68.34M | -190.17M |
| Free Cash Flow After Leases | -93.56M | -103.76M | -183.36M | -69.24M | -721.00K | -149.29M |
| Cash Interest Paid | 977.00K | 822.00K | 1.36M | 1.55M | 1.98M | 286.05K |
| Cash Income Tax Paid | 4.75M | 1.96M | 1.39M | 687.00K | ||
| Change in Working Capital | 39.03M | 13.91M | -378.00K | -1.96M | 185.90M | 122.74M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 494.48M | 471.73M | 227.05M | 338.51M | 276.12M | 873.23M |
| Enterprise Value | 652.65M | 463.76M | 211.68M | 346.46M | 298.96M | 817.47M |
| Last Close Price | 1.91 | 1.90 | 1.45 | 3.37 | 3.29 | 10.65 |
| PE Ratio | 12.77 | 10.97 | ||||
| PS Ratio | 1.57 | 1.58 | 1.97 | 2.96 | 2.60 | 4.13 |
| PB Ratio | 1.23 | 0.89 | 0.51 | 1.30 | 1.85 | 2.24 |
| P/TBV Ratio | 1.23 | 0.89 | 0.51 | 1.30 | 1.86 | 2.25 |
| P/FCF Ratio | 141.38 | |||||
| P/OCF Ratio | 9.24 | 7.57 | 13.65 | 35.12 | 6.17 | 13.18 |
| EV/Sales Ratio | 2.04 | 1.56 | 1.84 | 3.03 | 2.81 | 3.87 |
| EV/EBITDA Ratio | 18.92 | 7.86 | 7.33 | 3.58 | 5.68 | |
| EV/EBIT Ratio | 9.81 | 10.31 | ||||
| EV/FCF Ratio | 153.08 | |||||
| Debt / Equity Ratio | 0.89 | 0.13 | 0.12 | 0.12 | 0.24 | 0.11 |
| Debt / EBITDA Ratio | 10.46 | 1.20 | 1.91 | 0.31 | 0.30 | |
| Debt / FCF Ratio | 18.13 | |||||
| Net Debt / Equity Ratio | 0.37 | 0.07 | 0.02 | 0.05 | 0.19 | 0.05 |
| Net Debt / EBITDA Ratio | 4.34 | 0.65 | 0.27 | 0.14 | -0.61 | 0.15 |
| Net Debt / FCF Ratio | -1.66 | -0.37 | -0.04 | -0.19 | 14.43 | -0.14 |
| Asset Turnover | 0.43 | 0.51 | 0.28 | 0.46 | 0.33 | 0.67 |
| Quick Ratio | 1.59 | 0.75 | 0.77 | 0.59 | 0.52 | 1.00 |
| Current Ratio | 1.96 | 1.10 | 3.67 | 6.83 | 3.58 | 7.61 |
| Return on Equity (ROE) | -66.39% | -30.34% | -0.85% | 12.98% | -87.91% | 30.79% |
| Return on Assets (ROA) | -12.92% | -11.60% | -4.95% | 8.78% | -24.14% | 15.72% |
| Return on Invested Capital (ROIC) | -28.02% | -21.21% | 16.92% | 12.73% | -42.66% | 29.16% |
| Return on Capital Employed (ROCE) | -20.50% | -18.60% | -7.10% | 12.60% | -72.40% | 18.60% |
| Earnings Yield | -74.08% | -31.47% | -1.32% | 7.83% | -85.62% | 9.12% |
| FCF Yield | -18.03% | -22.00% | -80.76% | -20.46% | 0.71% | -16.78% |
| Buyback Yield / Dilution | -66.01% | -76.19% | -42.15% | -8.61% | 2.28% | -15.72% |