HIVE Digital Technologies (HIVE) Operating Margin (2021 - 2025)
HIVE Digital Technologies (HIVE) posted quarterly Operating Margin of 37.38% for Q4 2025, up 80.0% year-over-year from 20.77% in Q4 2024, and up 320.72% on a QoQ basis from 16.94% in Q3 2025.
HIVE Digital Technologies (HIVE) Operating Margin (2021 - 2025) Analysis & Trends
HIVE Digital Technologies (HIVE) has reported Operating Margin for 5 consecutive years, with 37.38% the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Margin rose 80.0% year-over-year to 37.38%; the TTM figure through Dec 2025 stood at 42.26% (up 3081.0% YoY), while the FY2025 annual figure was 1.4%, down 2716.0% from the prior year.
- Operating Margin came in at 37.38% for Q4 2025 at HIVE Digital Technologies, up from 16.94% in the prior quarter.
- The five-year high for Operating Margin was 19528160.68% in Q4 2021, with the low at 552.44% in Q1 2025.
- Average Operating Margin over 5 years is 976393.89%, with a median of 33.09% recorded in 2023.
- The largest YoY upside for Operating Margin was 30832 bps in 2022 against a maximum downside of 1952807569 bps in 2022.
- Year by year, Operating Margin stood at 19528160.68% in 2021, then slumped by 100 bps to 85.0% in 2022, then tumbled by 45 bps to 46.64% in 2023, then decreased by 22 bps to 36.58% in 2024, then advanced by 2 bps to 37.38% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 37.38%, 16.94%, and 78.19% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 149.71% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 28.49% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 46.50% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 108.11% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -161.28% |
| 10 | HIVE Digital Technologies | 827.07 Mn | 805.20 Mn | -25.28 Mn | 37.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 37.38% |
| Sep 30, 2025 | -16.94% |
| Jun 30, 2025 | 78.19% |
| Mar 31, 2025 | -552.44% |
| Dec 31, 2024 | 36.58% |
| Sep 30, 2024 | 1.76% |
| Jun 30, 2024 | -53.60% |
| Mar 31, 2024 | -309.86% |
| Dec 31, 2023 | 46.64% |
| Sep 30, 2023 | 27.23% |
| Jun 30, 2023 | 1.78% |
| Mar 31, 2023 | 29.59% |
| Dec 31, 2022 | 85.00% |
| Sep 30, 2022 | 164.42% |
| Jun 30, 2022 | 117.86% |
| Mar 31, 2022 | 99.26% |
| Dec 31, 2021 | 19,528,160.68% |
| Sep 30, 2021 | 14.43% |
| Jun 30, 2021 | 118.78% |
| Mar 31, 2021 | -209.06% |