HIVE Digital Technologies (HIVE) Operating Expenses (2020 - 2026)
HIVE Digital Technologies' (HIVE) quarterly Operating Expenses came in at $19.0 million in Q2 2026, up 119.95% year-over-year from $8.6 million in Q2 2025, and down 94.07% quarter-over-quarter from $319.9 million in Q1 2026.
Analysis
HIVE Digital Technologies (HIVE) Operating Expenses (2020 - 2026) Analysis & Trends
HIVE Digital Technologies (HIVE) has reported Operating Expenses for 7 consecutive years, with $19.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 119.95% year-over-year to $19.0 million in Q2 2026; TTM through Jun 2026 was $234.7 million, a 287.9% increase from a year earlier, with the FY2026 full-year figure at $186.7 million, up 111.81% from the prior year.
- Operating Expenses was $19.0 million for Q2 2026 at HIVE Digital Technologies, down from $319.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $319.9 million in Q1 2026 and troughed at -$97.0 million in Q1 2023.
- A 5-year average of $2.2 million and a median of -$18.9 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 1080.41% in 2022 and jumped 462.82% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $10.7 million in 2022, then plunged by 283.5% to -$19.6 million in 2023, then decreased by 19.48% to -$23.5 million in 2024, then plunged by 156.06% to -$60.1 million in 2025, then soared by 131.58% to $19.0 million in 2026.
- The last three Operating Expenses figures came in at $19.0 million (Q2 2026), $319.9 million (Q1 2026), and -$60.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 52.67 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 128.25 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 78.04 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 413.67 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 695.95 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 370.41 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -93.21 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 31.31 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 18.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.98 Mn |
| Mar 31, 2026 | 319.86 Mn |
| Dec 31, 2025 | -60.08 Mn |
| Sep 30, 2025 | -44.07 Mn |
| Jun 30, 2025 | 8.63 Mn |
| Mar 31, 2025 | -88.16 Mn |
| Dec 31, 2024 | -23.47 Mn |
| Sep 30, 2024 | -21.90 Mn |
| Jun 30, 2024 | -21.00 Mn |
| Mar 31, 2024 | 129.57 Mn |
| Dec 31, 2023 | -19.64 Mn |
| Sep 30, 2023 | -18.10 Mn |
| Jun 30, 2023 | 15.53 Mn |
| Mar 31, 2023 | -96.98 Mn |
| Dec 31, 2022 | 10.70 Mn |
| Sep 30, 2022 | 13.66 Mn |
| Jun 30, 2022 | -17.16 Mn |
| Mar 31, 2022 | -67.59 Mn |
| Dec 31, 2021 | -6.53 Mn |
| Sep 30, 2021 | -7.59 Mn |