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% on a QoQ basis 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 came in at 27.15% for Q4 2025 at HIVE Digital Technologies, down from 4.71% in the prior quarter.
- The five-year high for Gross Margin was 210.56% in Q3 2022, with the low at 66.14% in Q3 2024.
- Average Gross Margin over 5 years is 30.36%, with a median of 2.36% recorded in 2021.
- Across the five-year window, Gross Margin surged 21056 bps in 2022 and sank 26281 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 82.87% in 2021, then jumped by 93 bps to 159.75% in 2022, then tumbled by 110 bps to 16.21% in 2023, then slumped by 170 bps to 43.7% in 2024, then soared by 38 bps to 27.15% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 27.15%, 4.71%, and 13.58% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 206.12% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 89.97% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 84.10% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 99.97% |
| 10 | HIVE Digital Technologies | 827.07 Mn | 805.20 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% |