HIVE Digital Technologies (HIVE) Capital Expenditures (2020 - 2025)

HIVE Digital Technologies (HIVE) posted quarterly Capital Expenditures of -$61.5 million for Q4 2025, down 243.3% year-over-year from $42.9 million in Q4 2024, and down 84.12% quarter-over-quarter from -$33.4 million in Q3 2025.

HIVE Digital Technologies (HIVE) Capital Expenditures (2020 - 2025) Analysis & Trends

HIVE Digital Technologies (HIVE) has reported Capital Expenditures for 6 consecutive years, with -$61.5 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Capital Expenditures fell 243.3% year-over-year to -$61.5 million; the TTM figure through Dec 2025 stood at $44.9 million (up 259.7% YoY), while the FY2025 annual figure was $120.7 million, up 90.57% from the prior year.
  • Capital Expenditures fell to -$61.5 million in Q4 2025 per HIVE's latest filing, from -$33.4 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $295.1 million in Q1 2022 and bottomed at -$61.5 million in Q4 2025.
  • Historically, Capital Expenditures has averaged $14.7 million across 5 years, with a median of -$11.3 million in 2021.
  • Annual changes were most pronounced in 2021 — Capital Expenditures slumped 7882.24% — and 2022, when it jumped 797.04%.
  • HIVE Digital Technologies' Capital Expenditures stood at -$41.5 million in 2021, then surged by 67.62% to -$13.4 million in 2022, then soared by 570.85% to $63.3 million in 2023, then sank by 128.32% to -$17.9 million in 2024, then slumped by 243.3% to -$61.5 million in 2025.
  • Business Quant data shows HIVE's Capital Expenditures at -$61.5 million in Q4 2025, -$33.4 million in Q3 2025, and -$31.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 819.00 Mn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 502.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - 140.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 12.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 949.16 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 26.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 199.45 Mn
10 HIVE Digital Technologies 707.38 Mn 685.51 Mn -25.28 Mn -61.53 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -61.53 Mn
Dec 31, 2025 -61.53 Mn
Sep 30, 2025 -33.42 Mn
Sep 30, 2025 -33.42 Mn
Jun 30, 2025 -31.38 Mn
Jun 30, 2025 -31.38 Mn
Mar 31, 2025 171.25 Mn
Mar 31, 2025 171.25 Mn
Dec 31, 2024 -17.92 Mn
Dec 31, 2024 -17.92 Mn
Sep 30, 2024 -30.37 Mn
Sep 30, 2024 -30.37 Mn
Jun 30, 2024 -2.22 Mn
Jun 30, 2024 -2.22 Mn
Mar 31, 2024 22.38 Mn
Mar 31, 2024 22.38 Mn
Dec 31, 2023 63.28 Mn
Dec 31, 2023 63.28 Mn
Sep 30, 2023 -11.05 Mn
Sep 30, 2023 -11.05 Mn