HIVE Digital Technologies (HIVE) Gross Margin (2022 - 2026)
HIVE Digital Technologies' Gross Margin was -37.27% in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 23.70 percentage points from -13.58% a year earlier but up 11.70 percentage points from the prior quarter.
HIVE Digital Technologies (HIVE) Gross Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, HIVE Digital Technologies' Gross Margin was -25.91% through Jun 30, 2026, up 7.62 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was -21.00%, up 13.13 percentage points from FY2025.
- Gross Margin shows a five-year change of -80.36 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was -34.13% in FY2025 (-11.35 pp), -22.78% in FY2024 (+6.26 pp), -29.04% in FY2023 (-74.93 pp) and 45.89% in FY2022 (-13.47 pp).
- Quarterly Gross Margin has moved between -366.80% (fiscal Q4 2023) and 90.52% (fiscal Q2 2023) over five years.
- Compared with a year earlier, Gross Margin was higher in two of the last eight quarters, with an average year-over-year change of -3.87 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2024 (a gain of 364.98 percentage points); the worst was fiscal Q4 2023 (a drop of 450.84 percentage points).
- Per Business Quant data, HIVE's Gross Margin in the three fiscal quarters before Q1 2027 was -48.98% (Q4 2026), -27.15% (Q3 2026) and 4.71% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 48.42 Bn | 6.65 Bn | - | - |
| 2 | Coinbase Global | 46.91 Bn | 3.71 Bn | - | - |
| 3 | Block | 45.61 Bn | 16.90 Bn | 3.17 Bn | 47.84% |
| 4 | Corpay | 26.34 Bn | 16.23 Bn | - | - |
| 5 | Fiserv | 24.25 Bn | 20.93 Bn | 2.90 Bn | 54.74% |
| 6 | Global Payments | 22.06 Bn | -147.48 Mn | 2.03 Bn | 61.04% |
| 7 | Guidewire Software | 13.83 Bn | 10.40 Bn | 269.68 Mn | 65.60% |
| 8 | Bitmine Immersion Technologies | 13.59 Bn | 10.97 Bn | 40.81 Mn | 87.70% |
| 9 | Iren | 12.22 Bn | -182.65 Mn | 103.89 Mn | 75.71% |
| 10 | HIVE Digital Technologies | 179.47 Mn | -88.40 Mn | -29.49 Mn | -37.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -37.27% |
| Mar 31, 2026 | -48.98% |
| Dec 31, 2025 | -27.15% |
| Sep 30, 2025 | 4.71% |
| Jun 30, 2025 | -13.58% |
| Mar 31, 2025 | -29.49% |
| Dec 31, 2024 | -43.70% |
| Sep 30, 2024 | -66.14% |
| Jun 30, 2024 | -7.45% |
| Mar 31, 2024 | -1.82% |
| Dec 31, 2023 | -16.21% |
| Sep 30, 2023 | -52.25% |
| Mar 31, 2023 | -366.80% |
| Dec 31, 2022 | 45.94% |
| Sep 30, 2022 | 90.52% |
| Jun 30, 2022 | 85.83% |
| Mar 31, 2022 | 84.04% |
HIVE Digital Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HIVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HIVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HIVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();