HIVE Digital Technologies HIVE
NASDAQ HIVE
$2.87 -0.16 (-5.45%)
As of: Aug 24, 2026 · 3:59 PM EDT

HIVE Digital Technologies (HIVE) Operating Expenses (2020 - 2026)

HIVE Digital Technologies (HIVE) posted quarterly Operating Expenses of -$60.1 million for Q4 2025, down 156.06% year-over-year from $107.2 million in Q4 2024, and down 36.35% quarter-over-quarter from -$44.1 million in Q3 2025.

HIVE Digital Technologies (HIVE) Operating Expenses (2020 - 2026) Analysis & Trends

HIVE Digital Technologies (HIVE) has reported Operating Expenses for 6 consecutive years, with -$60.1 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Operating Expenses fell 156.06% year-over-year to -$60.1 million; the TTM figure through Dec 2025 stood at $21.4 million (down 17.37% YoY), while the FY2025 annual figure was $88.2 million, up 15.53% from the prior year.
  • Operating Expenses fell to -$60.1 million in Q4 2025 per HIVE's latest filing, from -$44.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $154.5 million in Q1 2025 and bottomed at -$60.1 million in Q4 2025.
  • Historically, Operating Expenses has averaged $5.3 million across 5 years, with a median of -$6.4 million in 2021.
  • On a YoY basis, Operating Expenses climbed as much as 561.78% in 2024 and fell as far as 398.72% in 2024.
  • HIVE Digital Technologies' Operating Expenses stood at -$6.5 million in 2021, then jumped by 264.0% to $10.7 million in 2022, then sank by 143.96% to -$4.7 million in 2023, then plunged by 398.72% to -$23.5 million in 2024, then plunged by 156.06% to -$60.1 million in 2025.
  • Business Quant data shows HIVE's Operating Expenses at -$60.1 million in Q4 2025, -$44.1 million in Q3 2025, and -$29.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - 13.90 Bn
2 Goldman Sachs 311.14 Bn -665.21 Bn - 11.67 Bn
3 Schwab Charles 196.95 Bn 123.36 Bn - 3.40 Bn
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 734.00 Mn
5 Interactive Brokers 41.71 Bn -22.59 Bn - 440.00 Mn
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - 4.67 Bn
7 Tradeweb Markets 23.03 Bn 20.97 Bn - 313.68 Mn
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 254.49 Mn
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn -200.78 Mn
10 HIVE Digital Technologies 764.17 Mn 525.13 Mn -29.49 Mn 18.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 319.86 Mn
Dec 31, 2025 -60.08 Mn
Sep 30, 2025 -44.07 Mn
Jun 30, 2025 -28.98 Mn
Mar 31, 2025 154.53 Mn
Dec 31, 2024 -23.47 Mn
Sep 30, 2024 -21.90 Mn
Jun 30, 2024 -21.00 Mn
Mar 31, 2024 92.27 Mn
Dec 31, 2023 -4.71 Mn
Sep 30, 2023 -7.96 Mn
Jun 30, 2023 15.53 Mn
Mar 31, 2023 13.94 Mn
Dec 31, 2022 10.70 Mn
Sep 30, 2022 13.66 Mn
Jun 30, 2022 -17.16 Mn
Mar 31, 2022 26.91 Mn
Dec 31, 2021 -6.53 Mn
Sep 30, 2021 -7.59 Mn
Jun 30, 2021 -6.22 Mn