NASDAQ$HIVE

Hive Digital Technologies Ltd · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

HIVE Q2 FY2026: $87M revenue (+285%) but $16M net loss on hashprice pressure

HIVE Digital Technologies reported revenue of $87.3 million for the three months ended September 30, 2025 (Q2 fiscal 2026), up from $22.6 million in the prior-year quarter, reflecting expanded hashrate capacity at Paraguay and Canada facilities. The company posted a net loss of $15.8 million ($0.07 per share) versus net income of $0.08 million in Q3 2024, while gross operating margin reached $42.4 million. The company mined 718 BTC during the quarter with operational hashrate of 22.7 PH/s across green-energy data centers. Management continues diversifying into HPC and AI GPU hosting alongside Bitcoin mining operations.

  • Q2 FY2026 revenue $87.3M (+285% YoY); gross operating margin $42.4M vs $0.4M prior year.
  • Net loss $15.8M ($0.07/share) vs near-breakeven net income in prior-year quarter.
  • 718 BTC mined in quarter; operational hashrate 22.7 PH/s utilizing ~401 MW.
  • Six-month revenue $132.9M with net income $19.2M.
  • Expanding HPC/AI GPU clusters alongside core Bitcoin hashrate business.

Headline financials

Total Revenue

$87.3M

No prior period
EPS (adj)

-$0.07

No prior period
Operational hashrate (PH/s)

22.7K

No prior period
Digital assets mined (BTC)

718

No prior period
Gross operating margin

$42.4M

No prior period
Power utilized (MW)

400.9

No prior period
Net Income

-$15.8M

No prior period
Gross Profit

$42.4M

No prior period

Revenue & EPS history

Hive · Revenue · Quarterly

$87.3M

Q2 2026
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+0.5%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+19.6%

Avg return

30 days after

24%

12 / 51 earnings

Positive

+30.5%

Q3 2017

Best reaction

-14.7%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-0.5%+6.7%+69.3%
Q4 2025+0.6%+16.3%+27.5%
Q4 2024-2.9%+0.0%+33.4%
Q3 2024+12.4%+14.2%-23.6%
Q2 2024-8.9%-4.2%+18.8%
Q1 2024+1.6%-7.1%-25.4%
Q4 2023+3.8%+12.6%+18.8%
Q3 2023-13.6%-20.8%-4.7%
Q2 2023-4.9%-9.3%-24.7%
Q1 2023-14.7%-26.9%-38.2%
Q4 2022+16.8%+6.2%+70.8%
Q3 2022+7.5%-1.5%-3.0%
Q2 2022-4.3%-0.5%-37.7%
Q1 2022+9.4%+5.0%+56.5%
Q3 2021-1.5%+7.6%-4.0%
Q2 2021-3.6%-7.1%+35.7%
Q1 2021+0.0%+0.0%+47.8%
Q4 2020-7.1%+0.0%+100.0%
Q3 2020-12.5%+0.0%+75.0%
Q2 2020+6.2%-12.5%-6.3%
Q2 2019+0.0%+8.3%-20.8%
Q4 2019+5.1%+17.9%+0.0%
Q4 2018+0.0%+11.1%+33.3%
Q3 2018-2.6%+0.0%-36.8%
Q2 2018+3.1%-4.7%-1.6%
Q1 2018+11.0%+0.0%-18.3%
Q4 2017-5.0%-5.7%-29.6%
Q3 2017+30.5%-0.6%-15.1%
Q2 2017+0.0%+0.0%+0.0%
Q1 2017+0.0%+0.0%+100.0%
Q4 2016+0.0%+0.0%+0.0%
Q3 2016+0.0%+0.0%+250.0%
Q2 2016+0.0%+0.0%+0.0%
Q1 2016+0.0%
Q4 2015+0.0%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015+0.0%
Q4 2014+0.0%
Q3 2014+0.0%
Q2 2014+0.0%
Q1 2014+0.0%
Q4 2013+0.0%
Q3 2013+0.0%
Q2 2013+0.0%
Q1 2013+0.0%
Q4 2012+0.0%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012+0.0%
Q4 2011+0.0%
Q3 2010
Q2 2010
Q1 2010

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