HIVE Digital Technologies (HIVE) Gross Margin (2023 - 2025)
HIVE Digital Technologies (HIVE) recorded quarterly Gross Margin of 27.15% in Q4 2025, down 676.02% quarter-over-quarter from 4.71% in Q3 2025, and up 1655.0% on a YoY basis from 1.55% in Q4 2024.
HIVE Digital Technologies (HIVE) Gross Margin (2023 - 2025) Analysis & Trends
HIVE Digital Technologies' Gross Margin history runs 3 years deep, the most recent figure standing at 27.15% for Q4 2025.
- In Q4 2025, Gross Margin rose 1655.0% year-over-year to 27.15%; the TTM figure through Dec 2025 stood at 14.3% (up 1439.0% YoY), while the FY2025 annual figure was 34.13%, down 1135.0% from the prior year.
- Gross Margin was 27.15% for Q4 2025 at HIVE Digital Technologies, down from 4.71% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 4.71% in Q3 2025 to a low of 66.14% in Q3 2024.
- Historically, Gross Margin has averaged 25.56% across 3 years, with a median of 21.68% in 2023.
- Biggest YoY gain for Gross Margin was 7085 bps in 2025; the steepest drop was 2813 bps in 2025.
- A 3-year view of Gross Margin shows it stood at 16.21% in 2023, then sank by 170 bps to 43.7% in 2024, then soared by 38 bps to 27.15% in 2025.
- The last three Gross Margin figures came in at 27.15% (Q4 2025), 4.71% (Q3 2025), and 13.58% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 99.97% |
| 10 | HIVE Digital Technologies | 1,620.70 | -21.86 Mn | -25.28 Mn | -27.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -27.15% |
| Sep 30, 2025 | 4.71% |
| Jun 30, 2025 | -13.58% |
| Mar 31, 2025 | -31.01% |
| Dec 31, 2024 | -43.70% |
| Sep 30, 2024 | -66.14% |
| Jun 30, 2024 | -7.45% |
| Mar 31, 2024 | -2.88% |
| Dec 31, 2023 | -16.21% |
| Sep 30, 2023 | -52.25% |