HIVE Digital Technologies (HIVE) Cost of Revenue (2022 - 2026)
HIVE Digital Technologies (HIVE) reported Cost of Revenue of $108.61 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 109.7% from $51.8 million a year earlier and up 1.5% from the prior quarter.
HIVE Digital Technologies (HIVE) Cost of Revenue (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, HIVE Digital Technologies' Cost of Revenue came in at $417.13 million, up 142.8% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $360.32 million, up 133.0% from FY2025.
- Cost of Revenue has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 67.3% (FY2021 to FY2026).
- By fiscal year, Cost of Revenue came in at $154.62 million in FY2025 (+10.0%), $140.54 million in FY2024 (+2.4%), $137.19 million in FY2023 (+20.1%) and $114.27 million in FY2022 (+315.4%).
- Five-year quarterly Cost of Revenue spans a low of $6.22 million in fiscal Q4 2022 and a high of $206.22 million in fiscal Q4 2023.
- Year over year, Cost of Revenue has now increased in each of the last eight quarters, with growth averaging 82.4% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q2 2024 (growth of 431.1%); the low point was fiscal Q4 2024 (a decline of 81.8%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $106.99 million (Q4 2026), $118.39 million (Q3 2026) and $83.14 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 48.33 Bn | 6.56 Bn | - | - |
| 2 | Coinbase Global | 47.05 Bn | 3.86 Bn | - | - |
| 3 | Block | 45.58 Bn | 16.87 Bn | 3.17 Bn | 3.45 Bn |
| 4 | Corpay | 26.39 Bn | 16.28 Bn | - | - |
| 5 | Fiserv | 24.25 Bn | 20.92 Bn | 2.90 Bn | 2.40 Bn |
| 6 | Global Payments | 22.08 Bn | -131.29 Mn | 2.03 Bn | 1.29 Bn |
| 7 | Guidewire Software | 13.82 Bn | 10.38 Bn | 269.68 Mn | 141.41 Mn |
| 8 | Bitmine Immersion Technologies | 13.59 Bn | 10.97 Bn | 40.81 Mn | 5.73 Mn |
| 9 | Iren | 12.20 Bn | -200.95 Mn | 103.89 Mn | 33.34 Mn |
| 10 | HIVE Digital Technologies | 179.47 Mn | -88.40 Mn | -29.49 Mn | 108.61 Mn |
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 | 40.35 Mn |
| Dec 31, 2024 | 42.00 Mn |
| Sep 30, 2024 | 37.63 Mn |
| Jun 30, 2024 | 34.64 Mn |
| Mar 31, 2024 | 37.55 Mn |
| Dec 31, 2023 | 36.32 Mn |
| Sep 30, 2023 | 34.66 Mn |
| Mar 31, 2023 | 206.22 Mn |
| Dec 31, 2022 | 26.91 Mn |
| Sep 30, 2022 | 6.53 Mn |
| Jun 30, 2022 | 7.59 Mn |
| Mar 31, 2022 | 6.22 Mn |
HIVE Digital Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HIVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HIVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HIVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();