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
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%
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%