HIVE Digital Technologies (HIVE) Gross Margin (2021 - 2025)
HIVE Digital Technologies (HIVE) posted quarterly Gross Margin of 27.15% for Q4 2025, up 1655.0% year-over-year from 1.55% in Q4 2024, and down 676.02% quarter-over-quarter from 4.71% in Q3 2025.
HIVE Digital Technologies (HIVE) Gross Margin (2021 - 2025) Analysis & Trends
HIVE Digital Technologies (HIVE) has reported Gross Margin for 5 consecutive years, with 27.15% the latest figure, recorded in 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 fell to 27.15% in Q4 2025 per HIVE's latest filing, from 4.71% in the prior quarter.
- Across five years, Gross Margin topped out at 210.56% in Q3 2022 and bottomed at 66.14% in Q3 2024.
- Historically, Gross Margin has averaged 30.36% across 5 years, with a median of 2.36% in 2021.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 21056 bps — and 2023, when it tumbled 26281 bps.
- HIVE Digital Technologies' Gross Margin stood at 82.87% in 2021, then soared by 93 bps to 159.75% in 2022, then sank by 110 bps to 16.21% in 2023, then plunged by 170 bps to 43.7% in 2024, then surged by 38 bps to 27.15% in 2025.
- Business Quant data shows HIVE's Gross Margin at 27.15% in Q4 2025, 4.71% in Q3 2025, and 13.58% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 206.12% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 92.05% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 72.42% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | - |
| 10 | HIVE Digital Technologies | 707.38 Mn | 685.51 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% |
| Jun 30, 2023 | 68.29% |
| Mar 31, 2023 | 61.15% |
| Dec 31, 2022 | 159.75% |
| Sep 30, 2022 | 210.56% |
| Jun 30, 2022 | 85.83% |
| Mar 31, 2022 | 84.04% |
| Dec 31, 2021 | 82.87% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 70.89% |
| Mar 31, 2021 | 39.41% |