Filing Flows › Hive Digital Technologies (HIVE) › Guidance & outlook
Hive Digital Technologies (HIVE) guidance and outlook
Hive Digital Technologies' 10-Q filed Nov 9, 2026 makes 27 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 9, 2026
- Accounting policies and estimates that we believe are important to understanding the assumptions and judgments underlying our reported financial results.
- Based on executed contracts, current pricing, and deployment milestones, management expects this initial phase to generate approximately $15 million in projected annual recurring revenue ("ARR") for BUZZ's cloud business once fully operational, lifting total annualized HPC segment revenue from approximately $20 million to approximately $35 million.
- On May 8, 2026, the Company announced that BUZZ contracted a fiber optic network overbuild and carrier transport upgrade at its Grand Falls Data Centre in New Brunswick (the "Grand Falls Network Upgrade"), a step intended to advance the site to a Tier III HPC-enabled data center.
- The Company intends to advance the Big Boden data center toward Tier III infrastructure standards.
- The Company intends to fund the remaining balance from existing cash resources and available financing sources.
- On August 17, 2026, the Company announced that BUZZ entered into a GPU cloud services agreement with an enterprise customer (the "Customer") to which it will provide the Customer with access to a dedicated GPU which will consist of 2,016 NVIDIA Blackwell Ultra GPUs in NVIDIA GB300 NVL72 rack-scale systems and will be deployed at a facility in Merritt, British Columbia.
- The Company expects capital expenditures associated with the deployment (including the accelerated computing cluster and all associated hardware and service warranties) to total approximately $185 million.
- We continue to monitor developments, and where appropriate, participate in regulatory proceedings to oppose government actions that we believe improperly target the industries in which we operate.
- As a result, these adjustments have had, and are expected to continue to have, material effects on our operating and financial results.
- In addition, the Company may have to re-deploy capital away from projects currently in progress to satisfy any obligations that may be imposed by the STA.
- The Company expects future investment in Sweden to focus on AI and HPC infrastructure, including the ongoing Tier III conversion of its Boden facilities to support enterprise-grade GPU computing.
- Following resolution of the appeals, the Company intends to evaluate claims against the STA and the Swedish State in respect of VAT withheld, interest and related direct and indirect costs, and is evaluating whether interim relief may be available in respect of amounts withheld pending a final determination.
Hive Digital Technologies' latest quarter
Hive Digital Technologies, Q2 FY27: revenue $84.9M (-3% year over year), operating margin -92.5%, net loss $78.7M, operating cash flow $8.1M. The chart follows the revenue to costs, profit and cash.
Questions
What does Hive Digital Technologies expect?
Accounting policies and estimates that we believe are important to understanding the assumptions and judgments underlying our reported financial results. Based on executed contracts, current pricing, and deployment milestones, management expects this initial phase to generate approximately $15 million in projected annual recurring revenue ("ARR") for BUZZ's cloud business once fully operational, lifting total annualized HPC segment revenue from approximately $20 million to approximately $35 million. On May 8, 2026, the Company announced that BUZZ contracted a fiber optic network overbuild and
Updated Nov 9, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.