Filing Flows › Hive Digital Technologies (HIVE) › Q1 FY27
Hive Digital Technologies (HIVE) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 14, 2026
Hive Digital Technologies (HIVE) reported revenue of $79.1M for the first quarter fiscal 2027 (Q1 FY27), +73% from a year earlier and +10% from the quarter before. Operating margin was -178.6%, net loss $143M (180.6% of revenue).
Hive Digital Technologies, Q1 FY27: revenue $79.1M (+74% year over year), operating margin -178.6%, net loss $143M, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $79.1M | +10% | +73% |
| Operating profit | −$141M | — | — |
| Net earnings | −$143M | — | — |
| Operating cash flow | $4.1M | -76% | -60% |
What changed
Revenue was $79.1M in Q1 FY27, up 73% year over year and up 10% from the previous quarter. Revenue from digital currency mining was the largest line at 91% of revenue. Revenue from digital currency mining added $31.3M year over year (up 77%), 93% of the total change.
Operating costs exceeded revenue by $141.3M, an operating margin of -178.6%. Total costs grew 2116% against revenue growth of 73%. The fastest-growing cost line was Other operating costs (+4939%). The quarter ended with a net loss of $142.9M, wider than the previous quarter's $76.3M loss.
Operating cash flow was $4.1M (down 60% year over year). Non-cash charges added back $53.7M of depreciation and $7.1M of share-based compensation. Working capital and other items added $86.2M. Capital expenditures of $14.7M exceeded it, leaving free cash flow of −$10.7M.
Questions
What was Hive Digital Technologies' revenue in the first quarter fiscal 2027?
Hive Digital Technologies (HIVE) reported revenue of $79.1M for the first quarter fiscal 2027 (Q1 FY27), +73% from a year earlier and +10% from the quarter before.
Was Hive Digital Technologies profitable in the first quarter fiscal 2027?
Operating loss was $141M (-178.6% of revenue) and net loss $143M.