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
DateValue
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%