HIVE Digital Technologies (HIVE) Gross Margin (2021 - 2026)
HIVE Digital Technologies' (HIVE) quarterly Gross Margin came in at 37.27% in Q2 2026, down 2370.0% year-over-year from 1.64% in Q2 2025, and up 23.9% quarter-over-quarter from 48.98% in Q1 2026.
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HIVE Digital Technologies (HIVE) Gross Margin (2021 - 2026) Analysis & Trends
HIVE Digital Technologies (HIVE) has reported Gross Margin for 6 consecutive years, with 37.27% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 2370.0% year-over-year to 37.27% in Q2 2026; TTM through Jun 2026 was 25.91%, a 762.0% increase from a year earlier, with the FY2026 full-year figure at 21.0%, up 1313.0% from the prior year.
- Gross Margin was 37.27% for Q2 2026 at HIVE Digital Technologies, up from 48.98% in the prior quarter.
- Over five years, Gross Margin peaked at 90.52% in Q3 2022 and troughed at 66.14% in Q3 2024.
- A 5-year average of 0.28% and a median of 13.58% in 2025 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 8018 bps in 2022, down 669712 bps in 2022.
- Over 5 years, Gross Margin stood at 45.94% in 2022, then plunged by 135 bps to 16.21% in 2023, then plunged by 170 bps to 43.7% in 2024, then soared by 38 bps to 27.15% in 2025, then plunged by 37 bps to 37.27% in 2026.
- The last three Gross Margin figures came in at 37.27% (Q2 2026), 48.98% (Q1 2026), and 27.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 87.70% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 75.71% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 64.11% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 48.77% |
| 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 | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -3.73% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -285.09% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -37.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -37.27% |
| Mar 31, 2026 | -48.98% |
| Dec 31, 2025 | -27.15% |
| Sep 30, 2025 | 4.71% |
| Jun 30, 2025 | -13.58% |
| Mar 31, 2025 | -29.49% |
| Dec 31, 2024 | -43.70% |
| Sep 30, 2024 | -66.14% |
| Jun 30, 2024 | -7.45% |
| Mar 31, 2024 | -2.85% |
| Dec 31, 2023 | -16.21% |
| Sep 30, 2023 | -52.25% |
| Jun 30, 2023 | 53.86% |
| Mar 31, 2023 | 61.15% |
| Dec 31, 2022 | 45.94% |
| Sep 30, 2022 | 90.52% |
| Mar 31, 2022 | 84.04% |
| Dec 31, 2021 | 6,743.07% |
| Jun 30, 2021 | 4,801.29% |
| Mar 31, 2021 | 3.86% |