HIVE Digital Technologies (HIVE) Gross Margin (2021 - 2025)
HIVE Digital Technologies' quarterly Gross Margin came in at 27.15% in Q4 2025, up 1655.0% year-on-year from 1.55% in Q4 2024, and down 676.02% quarter-over-quarter from 4.71% in Q3 2025.
HIVE Digital Technologies has reported Gross Margin for 5 years, with the latest figure at 27.15% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 1655.0% year-over-year to 27.15%; the trailing twelve-month figure through Dec 2025 stood at 14.3% (up 1439.0% YoY), and the FY2025 full-year result was 34.13%, down 1135.0% from the prior year.
- Gross Margin for Q4 2025 stood at 27.15%, down from 4.71% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q3 2021, with the low at 66.14% in Q3 2024.
- Average Gross Margin over 5 years is 23.17%, with a median of 22.06% recorded in 2021.
- Year-over-year, Gross Margin slumped 13020 bps in 2023 and surged 7085 bps in 2025.
- Tracing HIVE's Gross Margin over 5 years: stood at 82.87% in 2021, then grew by 21 bps to 100.0% in 2022, then plunged by 116 bps to 16.21% in 2023, then plunged by 170 bps to 43.7% in 2024, then jumped 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 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 89.97% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 84.10% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 99.97% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | HIVE Digital Technologies | 1,865.80 | -31.17 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 | 41.50% |
| Mar 31, 2023 | 61.15% |
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 77.95% |
| Jun 30, 2022 | 61.15% |
| Mar 31, 2022 | 84.04% |
| Dec 31, 2021 | 82.87% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 70.89% |
| Mar 31, 2021 | 39.41% |