HIVE Digital Technologies (HIVE) Cost of Revenue (2021 - 2026)
HIVE Digital Technologies' (HIVE) quarterly Cost of Revenue came in at $108.6 million in Q2 2026, up 109.66% year-over-year from $51.8 million in Q2 2025, and up 1.52% quarter-over-quarter from $107.0 million in Q1 2026.
Analysis
HIVE Digital Technologies (HIVE) Cost of Revenue (2021 - 2026) Analysis & Trends
HIVE Digital Technologies (HIVE) has reported Cost of Revenue for 6 consecutive years, with $108.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 109.66% year-over-year to $108.6 million in Q2 2026; TTM through Jun 2026 was $417.1 million, a 174.0% increase from a year earlier, with the FY2026 full-year figure at $360.3 million, up 1632.22% from the prior year.
- Cost of Revenue was $108.6 million for Q2 2026 at HIVE Digital Technologies, up from $107.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $118.4 million in Q4 2025 and troughed at $6.2 million in Q1 2022.
- A 5-year average of $41.1 million and a median of $20.8 million in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue plunged 47.24% in 2023 and jumped 414.34% in 2026, its largest moves.
- Over 5 years, Cost of Revenue stood at $26.9 million in 2022, then sank by 47.24% to $14.2 million in 2023, then surged by 195.83% to $42.0 million in 2024, then jumped by 181.86% to $118.4 million in 2025, then fell by 8.26% to $108.6 million in 2026.
- The last three Cost of Revenue figures came in at $108.6 million (Q2 2026), $107.0 million (Q1 2026), and $118.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 5.73 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 33.34 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 26.89 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 89.26 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 85.48 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 237.31 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 117.18 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 108.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.61 Mn |
| Mar 31, 2026 | 106.99 Mn |
| Dec 31, 2025 | 118.39 Mn |
| Sep 30, 2025 | 83.14 Mn |
| Jun 30, 2025 | 51.80 Mn |
| Mar 31, 2025 | 20.80 Mn |
| Dec 31, 2024 | 42.00 Mn |
| Sep 30, 2024 | 37.63 Mn |
| Jun 30, 2024 | 18.10 Mn |
| Mar 31, 2024 | 15.53 Mn |
| Dec 31, 2023 | 14.20 Mn |
| Sep 30, 2023 | 10.70 Mn |
| Jun 30, 2023 | 13.66 Mn |
| Mar 31, 2023 | 17.16 Mn |
| Dec 31, 2022 | 26.91 Mn |
| Sep 30, 2022 | 6.53 Mn |
| Mar 31, 2022 | 6.22 Mn |
| Dec 31, 2021 | 5.73 Mn |
| Jun 30, 2021 | 3.78 Mn |
| Mar 31, 2021 | 3.99 Mn |