Growth Metrics

HIVE Digital Technologies (HIVE) Operating Expenses (2020 - 2025)

HIVE Digital Technologies' quarterly Operating Expenses came in at -$60.1 million in Q4 2025, down 156.06% year-on-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 has reported Operating Expenses for 6 years, with the latest figure at -$60.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 156.06% year-over-year to -$60.1 million; the trailing twelve-month figure through Dec 2025 stood at $21.4 million (up 304.59% YoY), and the FY2025 full-year result was $88.2 million, up 379.15% from the prior year.
  • Operating Expenses for Q4 2025 stood at -$60.1 million, down from -$44.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $154.5 million in Q1 2025, with the low at -$60.1 million in Q4 2025.
  • Average Operating Expenses over 5 years is $784744.4, with a median of -$7.1 million recorded in 2021.
  • Year-over-year, Operating Expenses tumbled 283.5% in 2023 and jumped 413.98% in 2024.
  • Tracing HIVE's Operating Expenses over 5 years: stood at -$6.5 million in 2021, then soared by 264.0% to $10.7 million in 2022, then plunged by 283.5% to -$19.6 million in 2023, then fell by 19.48% to -$23.5 million in 2024, then plunged by 156.06% to -$60.1 million in 2025.
  • The last three Operating Expenses figures came in at -$60.1 million (Q4 2025), -$44.1 million (Q3 2025), and -$29.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 13.47 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 10.43 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 3.29 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 656.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 381.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 242.35 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 4.45 Bn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 81.75 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 330.51 Mn
10 HIVE Digital Technologies 1,865.80 -31.17 Mn -25.28 Mn -60.08 Mn

Historic Data

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DateValue
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 71.66 Mn
Dec 31, 2023 -19.64 Mn
Sep 30, 2023 -18.10 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 -5.93 Mn
Dec 31, 2021 -6.53 Mn
Sep 30, 2021 -7.59 Mn
Jun 30, 2021 -6.22 Mn
Mar 31, 2021 16.35 Mn
Dec 31, 2020 -3.08 Mn
Sep 30, 2020 -3.78 Mn
Jun 30, 2020 -3.99 Mn