HIVE Digital Technologies Ltd.

HIVE Financial Capital Markets

HIVE Digital Technologies Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $297.8 million, up 158.3% from fiscal 2025. In the quarter to June 2026, revenue grew 73.5%, EPS fell 370.0%, free cash flow fell 12.5% and total debt rose 951.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

2.03 0.19 −8.56%
Market cap
$608.9M
P/E
0.0×
Fwd P/E
−5.5×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 3.56
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 5 1 1 — 1
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 608.90
Revenue 331.30
Net Income (326.37)
Free Cash Flow (118.92)
Net Debt 110.58
Current Ratio 1.96
Debt/Equity 0.85
P/E ratio 0.00
Fwd P/E (5.50) (negative: loss-making)
P/S ratio 1.63
P/B ratio 1.28
Past 5Y EPS Growth —
This Y EPS Growth (39.25%) (below 0%: weak)
Next Y EPS Growth 65.38% (at or above 15%: strong)
Next Y revenue growth (12.64%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 11.18%
10-year low 10-year high
P/B against its own 10 years 30.26%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 17 49 33 250
Receivables 7 12 16 19
Inventory — — — —
Other 162 181 11 11
185 242 60 280
2024 2025 2026 Q'26
Payables 11 15 27 118
ST’ Debt 7 36 2 2
Other — 1 0 2
27 66 54 143

Compound Annual Growth %

10y 5y 3y
Sales — 34.48% 40.96%
Cash Flow 0.00% 21.35% 11.66%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 32.80% 52.65%

Revenue $m

Jun Sep Dec Mar Year
’26 79 — — — —
’26 46 87 93 72 298
’25 32 23 29 31 115
’24 24 23 31 37 114
’23 44 30 14 18 106
’22 39 54 69 50 211
’21 7 13 14 34 68
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 4 — — — —
’26 10 (11) 46 17 62
’25 (4) (2) (28) 52 17
’24 16 5 12 (24) 10
’23 15 20 12 (2) 45
’22 5 18 29 14 66
’21 1 5 13 5 24
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 (40) — — — —
’26 (36) (39) (5) (35) (114)
’25 (13) (17) (39) (70) (138)
’24 0 (5) (26) (36) (67)
’23 1 20 (15) (2) 4
’22 (19) (35) (38) (52) (144)
’21 (2) 5 (5) (40) (42)
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 (0.54) — — — —
’26 0.19 (0.07) (0.38) (0.30) (0.66)
’25 (0.17) 0.00 0.52 (0.34) (0.02)
’24 (0.19) (0.29) (0.08) 0.85 0.29
’23 (1.16) (0.45) (1.09) 0.10 (2.85)
’22 0.25 0.49 0.62 (0.34) 0.94
’21 0.02 0.15 0.25 (0.06) 0.33
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 0.30 0.85 0.30 0.35 8.70 1.36 1.44 2.18 1.26 1.73

Analyst estimates 2027–2029

Powerpack
High 26.25 14.75 3.05 12.40 28.75 13.80 6.84 5.54 7.84 5.34
People
People Employees — — — — — — — — — —
Revenue/emp, $m — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue — 13 32 29 68 211 106 114 115 298
Gross margin, % — 77.51 22.09 29.13 75.52 77.63 47.83 33.34 23.53 37.30
EBT (1) (26) (138) (1) 24 82 (236) 33 2 (145)
EBT margin, % 0.00 (195.46) (433.72) (2.85) 35.89 38.85 (222.10) 28.55 1.40 (48.55)
Net income (1) (26) (138) (2) 24 80 (236) 27 (3) (148)
Depreciation — 3 29 6 11 67 82 64 64 170
Per share, $
Per share, $ Revenue 0.00 0.34 0.51 0.45 0.98 2.72 1.28 1.27 0.90 1.32
Earnings (0.04) (0.69) (2.19) (0.03) 0.35 1.02 (2.85) 0.29 (0.02) (0.66)
Cash flow (0.05) (0.66) (0.03) 0.01 0.34 0.85 0.54 0.11 0.13 0.28
Capex 0.00 (2.96) 0.00 (0.03) (0.94) (2.70) (0.49) (0.85) (1.21) (0.78)
Free cash flow (0.05) (3.62) (0.03) (0.02) (0.60) (1.85) 0.05 (0.74) (1.08) (0.51)
Book value (0.23) 3.95 0.35 0.32 1.85 5.01 1.80 2.88 3.51 2.35
Shares, m 9 38 63 65 69 78 83 90 128 225
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 53.31 10.06 0.00 11.36 56.86 0.00
P/S — 0.00 0.00 1.57 19.99 3.92 2.56 2.63 1.61 1.44
P/B — 0.00 5.72 2.17 10.56 2.13 1.83 1.16 0.41 0.81
EV/Sales — 0.00 0.00 1.56 20.07 4.03 2.80 2.71 1.62 1.52
EV/FCF — 0.00 0.00 59.37 (32.71) (5.92) 76.44 (4.64) (1.35) (3.95)
Cash, $m
Cash, $m Operating cash flow 0 (25) (2) 1 24 66 45 10 17 62
Capex 0 (113) — (2) (65) (210) (41) (76) (155) (177)
Free cash flow 0 (138) (2) (1) (42) (144) 4 (67) (138) (114)
Balance, $m
Balance, $m Working capital (3) 38 10 11 98 173 59 158 176 5
Total debt 0 — 3 5 47 45 32 25 50 57
Net debt 0 (15) (6) 0 5 23 25 8 1 24
Shareholders’ equity (2) 151 22 21 128 389 149 259 449 529
Returns, %
Returns, % ROA (167.55) (32.43) (145.72) (5.85) 23.28 25.25 (72.93) 10.54 (0.71) (25.36)
ROIC 0.00 (3.51) (174.48) (9.02) 25.30 12.04 (45.00) 8.24 (4.61) (12.28)
ROE 20.80 (35.25) (159.26) (7.73) 32.36 30.79 (87.91) 12.98 (0.85) (30.34)
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

HIVE Digital Technologies Ltd. vs peers in Capital Markets (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CD Chaince Digital Holdings Inc. $767.8M — (loss-making) — −40.84% (below 0%: shrinking) n/m +175.88% (above 0%: growing) 48.06% (325.71%) Compare
BTGO BitGo Holdings, Inc. $762.9M — (loss-making) — (loss-making) +143.96% (above 0%: growing) n/m −401.80% (below 0%: shrinking) 0.85% (0.40%) Compare
TIGR UP Fintech Holding Limited $747.1M 6.4× 10.7× +31.39% (above 0%: growing) −4.35% (below 0%: shrinking) +74,003.85% (above 0%: growing) 96.29% 42.98% Compare
HIVE HIVE Digital Technologies Ltd. $608.9M — (loss-making) — (loss-making) +73.47% (above 0%: growing) n/m −12.46% (below 0%: shrinking) 31.90% (58.65%)
ABTC American Bitcoin Corp. $592.8M — (loss-making) 59.5× +121.28% (above 0%: growing) n/m −3,990.00% (below 0%: shrinking) 49.25% (110.54%) Compare
CSHR CoinShares PLC $539.1M 5.1× — — +128.25% (above 0%: growing) −51.03% (below 0%: shrinking) — 0.00% Compare
GEMI Gemini Space Station, Inc. $503.1M — (loss-making) — (loss-making) +36.61% (above 0%: growing) n/m −6,650.00% (below 0%: shrinking) 100.00% (169.19%) Compare
BTBT Bit Digital, Inc. $389.5M — (loss-making) — (loss-making) +25.15% (above 0%: growing) n/m −100.81% (below 0%: shrinking) 57.92% (257.26%) Compare
SVIA Silvia, Inc. $343.8M — (loss-making) — — n/m — 100.00% (40,513.51%) Compare
Median of peers $565.9M — — +34.00% — −100.81% 57.92% (139.86%)

All 93 Capital Markets stocks →

HIVE Digital Technologies Ltd. (HIVE) key facts

  • Strength: HIVE Digital Technologies Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $297.8 million, up 158.3% from fiscal 2025.
  • HIVE Digital Technologies Ltd. (HIVE) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, HIVE traded at $2.03, a market capitalization of $608.9 million.
  • Return on equity was −30.3% and debt-to-equity 0.85.
  • Its Piotroski F-score is 4 out of 9 for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

HIVE Digital Technologies Ltd. (HIVE) Latest News

15 Aug

stockrow.com/HIVE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com