HIVE Digital Technologies Ltd. financial statements
Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data HIVE Digital Technologies Ltd. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
Revenue
29.2
67.7
211
106
114
115
298
Cost of revenue
55.5
74.1
Gross profit
2.21
40.2
96.9
-30.9
-26.1
-39.3
-62.5
Selling, general and administrative
13.2
16.6
31.4
General and administrative
1.41
2.07
4.98
4.6
4.7
Operating expenses
18.4
32.6
57.2
Interest expense
0.42
1.21
3.87
3.96
0.4
0.41
0.63
Other non-operating income
-0.06
0.35
2.05
Pre-tax income
-0.83
24.3
82
-236
-45
Income tax
0.83
0.15
2.42
0.29
6.19
4.61
3.87
Net income
-1.66
24.1
79.6
-236
26.5
-3
-148
EPS, basic
-0.03
0.35
1.02
-2.85
0.29
-0.02
-0.66
EPS, diluted
-0.03
0.33
0.94
-2.85
0.29
-0.02
-0.66
Shares, basic (weighted)
90
128
225
Shares, diluted (weighted)
90
128
225
Balance sheet
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
Cash and equivalents
5.13
40.3
5.32
4.37
9.68
23.4
23.1
Short-term investments
0
0.98
17
2.87
6.97
Receivables
9.75
8.77
6.76
9.35
6.93
11.8
15.6
Other current assets
7.67
8.53
7.48
Total current assets
18.3
108
199
82.5
185
242
59.8
Property, plant and equipment
6.42
21.6
178
87.2
95.4
203
480
Lease right-of-use assets
2.24
2.98
12.6
11
7.59
5.55
43.1
Intangible assets
0
0.6
Other non-current assets
103
208
524
Total assets
29.1
178
452
196
307
532
639
Accounts payable
2.13
3.48
12.4
9.35
7.47
11.7
10.7
Accrued liabilities
1.88
2.25
12.8
Short-term debt
2.71
4.4
1.22
1.22
5.61
3.56
2.04
Total current liabilities
7.24
9.86
26.2
23.1
27.1
66
54.4
Long-term debt
10.4
10.2
Lease liabilities
0.78
1.15
10.5
8.14
5.33
3.1
10.4
Total liabilities
8.02
50.2
63.2
47.3
47.3
82.5
110
Total debt
2.71
21.5
15.7
13.1
Paid-in capital
524
717
944
Retained earnings
-173
-147
-60.2
-297
-271
-274
-422
Other comprehensive income
6.33
6.29
7.62
Shareholders' equity
148
259
449
529
Total equity
21.1
128
389
149
260
449
529
Total liabilities and equity
29.1
178
452
196
307
532
639
Cash flow statement
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
Net income
-1.66
24.1
79.6
-236
26.5
-3
-148
Depreciation and amortization
63.6
64.5
170
Stock-based compensation
7.25
10.9
25.5
Deferred income tax
2.23
0.38
-2.91
Change in receivables
-0.77
-4.74
1.33
Change in payables
-1.19
4.37
12.6
Cash from operations
0.77
23.7
66.3
44.8
9.64
16.6
62.3
Capital expenditures
0
-21.3
-198
-4.08
-64.4
Acquisitions
-0.65
-25.7
-9.25
Purchases of investments
-0.34
-1.53
-0.91
Cash from investing
-1.88
-66.9
-212
-40.9
-77.3
-184
-223
Debt issued
18.4
Debt repaid
-1.26
-1.27
Stock issued
0
64.5
33.9
3.8
55.7
187
196
Cash from financing
-0.34
78.3
111
-4.64
73
181
160
Exchange rate effect
-0.23
0.03
-0.04
-0.2
-0.01
Net change in cash
-1.68
35.2
-35
-0.95
5.31
13.7
-0.26
Free cash flow
0.77
2.34
-132
40.7
-54.7
Interest paid
1.56
1.36
0.82
Income taxes paid
0.69
1.39
1.96
Key metrics
Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $3.16 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-21.0%
Gross profit / revenue.
Net margin
-49.8%
Net income / revenue.
Operating cash flow margin
20.9%
Cash from operations / revenue.
Return on equity (ROE)
-30.3%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-25.4%
Net income / average total assets.
SG&A / revenue
10.5%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
8.5%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
57.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
158.3%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
41.0%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
34.5%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y
274.8%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
11.7%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y
21.3%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
17.9%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
52.9%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
20.2%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
48.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
29.1%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
76.2%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.10x
Current assets / current liabilities.
Quick ratio
0.71x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.42x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.66
Net income per basic share, as reported (split-adjusted).
Revenue per share
$1.32
Revenue / diluted weighted shares.
Operating cash flow per share
$0.28
Cash from operations / diluted weighted shares.
Book value per share
$2.35
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
2.91x
Market cap / revenue.
P/B
1.64x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.64x
Market cap / tangible book value, when positive.
P/OCF
13.9x
Market cap / cash from operations, when positive.
EV/Sales
2.83x
Enterprise value / revenue.
Earnings yield
-17.1%
Net income / market cap (the inverse of P/E).
What was HIVE Digital Technologies Ltd.'s revenue in fiscal 2026?
HIVE Digital Technologies Ltd. reported revenue of $297.8M for fiscal 2026, 158.3% higher than the year before.
Was HIVE Digital Technologies Ltd. profitable in fiscal 2026?
No. It reported a net loss of $148.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.