HIVE Digital Technologies HIVE
NASDAQ HIVE
$3.03 +0.04 (+1.34%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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