Growth Metrics

HIVE Digital Technologies (HIVE) Cost of Revenue (2021 - 2025)

HIVE Digital Technologies' quarterly Cost of Revenue came in at $118.4 million in Q4 2025, up 181.86% year-on-year from $42.0 million in Q4 2024, and up 42.39% quarter-over-quarter from $83.1 million in Q3 2025.

HIVE Digital Technologies has reported Cost of Revenue for 5 years, with the latest figure at $118.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 181.86% year-over-year to $118.4 million; the trailing twelve-month figure through Dec 2025 stood at $274.1 million (up 142.06% YoY), and the FY2025 full-year result was $20.8 million, up 33.98% from the prior year.
  • Cost of Revenue for Q4 2025 stood at $118.4 million, up from $83.1 million in the prior quarter.
  • The five-year high for Cost of Revenue was $118.4 million in Q4 2025, with the low at $3.08 in Q3 2021.
  • Average Cost of Revenue over 5 years is $23.2 million, with a median of $13.9 million recorded in 2023.
  • Year-over-year, Cost of Revenue surged 211966671.62% in 2022 and plunged 100.0% in 2023.
  • Tracing HIVE's Cost of Revenue over 5 years: stood at $5.73 in 2021, then soared by 369.97% to $26.91 in 2022, then jumped by 52759269.27% to $14.2 million in 2023, then soared by 195.83% to $42.0 million in 2024, then surged by 181.86% to $118.4 million in 2025.
  • The last three Cost of Revenue figures came in at $118.4 million (Q4 2025), $83.1 million (Q3 2025), and $51.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -
2 Goldman Sachs 318.59 Bn -618.96 Bn - -
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 107.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 6.62 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 39,000.00
9 Tradeweb Markets 21.29 Bn 20.04 Bn - -
10 HIVE Digital Technologies 1,865.80 -31.17 Mn -25.28 Mn 118.39 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 118.39 Mn
Dec 31, 2025 118.39 Mn
Sep 30, 2025 83.14 Mn
Sep 30, 2025 83.14 Mn
Jun 30, 2025 51.80 Mn
Jun 30, 2025 51.80 Mn
Mar 31, 2025 20.80 Mn
Mar 31, 2025 20.80 Mn
Dec 31, 2024 42.00 Mn
Dec 31, 2024 42.00 Mn
Sep 30, 2024 37.63 Mn
Sep 30, 2024 37.63 Mn
Jun 30, 2024 18.10 Mn
Jun 30, 2024 18.10 Mn
Mar 31, 2024 15.53 Mn
Mar 31, 2024 15.53 Mn
Dec 31, 2023 14.20 Mn
Dec 31, 2023 14.20 Mn
Sep 30, 2023 10.70 Mn
Sep 30, 2023 10.70 Mn
Jun 30, 2023 13.66 Mn
Jun 30, 2023 13.66 Mn
Mar 31, 2023 17.16
Mar 31, 2023 17.16
Dec 31, 2022 26.91
Dec 31, 2022 26.91
Sep 30, 2022 6.53 Mn
Sep 30, 2022 6.53 Mn
Jun 30, 2022 17.16 Mn
Jun 30, 2022 17.16 Mn
Mar 31, 2022 6.22 Mn
Mar 31, 2022 6.22 Mn
Dec 31, 2021 5.73
Dec 31, 2021 5.73
Sep 30, 2021 3.08
Sep 30, 2021 3.08
Jun 30, 2021 3.78 Mn
Jun 30, 2021 3.78 Mn
Mar 31, 2021 3.99 Mn
Mar 31, 2021 3.99 Mn