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
DateValue
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%