HIVE Digital Technologies (HIVE) Operating Margin (2021 - 2026)
HIVE Digital Technologies' (HIVE) quarterly Operating Margin came in at 61.26% in Q2 2026, down 13945.0% year-over-year from N/an in Q2 2025, and up 87.61% quarter-over-quarter from 494.36% in Q1 2026.
Powered by 
Analysis
HIVE Digital Technologies (HIVE) Operating Margin (2021 - 2026) Analysis & Trends
HIVE Digital Technologies (HIVE) has reported Operating Margin for 6 consecutive years, with 61.26% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 13945.0% year-over-year to 61.26% in Q2 2026; TTM through Jun 2026 was 115.75%, a 21347.0% decrease from a year earlier, with the FY2026 full-year figure at 83.7%, down 8510.0% from the prior year.
- Operating Margin was 61.26% for Q2 2026 at HIVE Digital Technologies, up from 494.36% in the prior quarter.
- Over five years, Operating Margin peaked at 280.68% in Q1 2023 and troughed at 551.87% in Q1 2024.
- A 5-year average of 3.66% and a median of 27.23% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin sank 830768 bps in 2022 and surged 80530 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 24.45% in 2022, then jumped by 91 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, then tumbled by 264 bps to 61.26% in 2026.
- The last three Operating Margin figures came in at 61.26% (Q2 2026), 494.36% (Q1 2026), and 37.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -25.50% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -452.09% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -275.36% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -137.42% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -297.96% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -44.47% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -462.62% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -61.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -61.26% |
| Mar 31, 2026 | -494.36% |
| Dec 31, 2025 | 37.38% |
| Sep 30, 2025 | -16.94% |
| Jun 30, 2025 | 78.19% |
| Mar 31, 2025 | 253.43% |
| Dec 31, 2024 | 36.58% |
| Sep 30, 2024 | 1.76% |
| Jun 30, 2024 | -53.60% |
| Mar 31, 2024 | -551.87% |
| Dec 31, 2023 | 46.64% |
| Sep 30, 2023 | 27.23% |
| Jun 30, 2023 | 1.40% |
| Mar 31, 2023 | 280.68% |
| Dec 31, 2022 | 24.45% |
| Sep 30, 2022 | 70.68% |
| Mar 31, 2022 | 257.43% |
| Dec 31, 2021 | 8,332.12% |
| Jun 30, 2021 | 8,044.61% |
| Mar 31, 2021 | 12.40% |