HIVE Digital Technologies HIVE
NASDAQ HIVE
$3.03 +0.04 (+1.34%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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