Filing Flows › Hive Digital Technologies (HIVE) › Q2 FY27 › vs Q1 FY27
Hive Digital Technologies (HIVE) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Hive Digital Technologies's revenue rose $5.8M (+7%) from $79.1M in Q1 FY27 to $84.9M in Q2 FY27. The biggest changes: Digital currency mining +$4.0M (+6%); High performance computing hosting +$1.8M (+25%).
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 draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.0% | -13.5% | +14.5 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Digital currency mining | $76.0M | $72.1M | $4.0M | +6% |
| High performance computing hosting | $8.8M | $7.1M | $1.8M | +25% |
| Revenue | $84.9M | $79.1M | $5.8M | +7% |
| Net loss | $78.7M | $143M | −$64.2M | -45% |
| Costs & expenses | $164M | $222M | −$58.4M | -26% |
| Operating costs | $163M | $220M | −$57.0M | -26% |
| Income tax | $167K | $1.6M | −$1.4M | -89% |
| SG&A | $10.7M | $9.0M | $1.7M | +19% |
| Other operating costs | $153M | $211M | −$58.7M | -28% |
| Operating cash sources | $86.8M | $147M | −$60.1M | -41% |
| Depreciation | $54.9M | $53.7M | $1.2M | +2% |
| Share-based compensation | $8.6M | $7.1M | $1.5M | +22% |
| Working capital & other | $23.3M | $86.2M | −$62.9M | -73% |
| Net loss absorbed | $78.7M | $143M | −$64.2M | -45% |
| Operating cash flow | $8.1M | $4.1M | $4.1M | +101% |
| Free cash flow (OCF − capex) | $858K | −$10.7M | $11.5M | — |
| Capital expenditures | $7.3M | $14.7M | −$7.5M | -51% |
Questions
How much did Hive Digital Technologies's revenue grow quarter over quarter in Q2 FY27?
Hive Digital Technologies's revenue rose $5.8M (+7%) from $79.1M in Q1 FY27 to $84.9M in Q2 FY27.
What drove Hive Digital Technologies's revenue change in Q2 FY27?
Digital currency mining +$4.0M (+6%); High performance computing hosting +$1.8M (+25%).