Filing Flows › Hive Digital Technologies (HIVE) › Q2 FY27 › vs Q2 FY26
Hive Digital Technologies (HIVE) Q2 FY27 vs Q2 FY26 (year over year)
Hive Digital Technologies's revenue fell $2.4M (-3%) from $87.3M in Q2 FY26 to $84.9M in Q2 FY27. The biggest changes: Digital currency mining −$6.0M (-7%); High performance computing hosting +$3.7M (+71%).
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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.0% | -12.2% | +13.2 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Digital currency mining | $76.0M | $82.1M | −$6.0M | -7% |
| High performance computing hosting | $8.8M | $5.2M | $3.7M | +71% |
| Revenue | $84.9M | $87.3M | −$2.4M | -3% |
| Net loss | $78.7M | $15.8M | $62.9M | +398% |
| Costs & expenses | $164M | $103M | $60.5M | +59% |
| Operating costs | $163M | $102M | $61.4M | +60% |
| Income tax | $167K | $1.0M | −$852K | -84% |
| SG&A | $10.7M | $7.8M | $2.9M | +37% |
| Other operating costs | $153M | $11.1M | $142M | 14× |
| Operating cash sources | $86.8M | $5.2M | $81.7M | 17× |
| Depreciation | $54.9M | $38.3M | $16.6M | +43% |
| Share-based compensation | $8.6M | $5.5M | $3.2M | +58% |
| Working capital & other | $23.3M | −$38.6M | $61.9M | — |
| Net loss absorbed | $78.7M | $15.8M | $62.9M | +398% |
| Operating cash flow | $8.1M | −$10.6M | $18.8M | — |
| Free cash flow (OCF − capex) | $858K | −$10.6M | $11.5M | — |
| Capital expenditures | $7.3M | $0 | $7.3M | — |
Questions
How much did Hive Digital Technologies's revenue grow year over year in Q2 FY27?
Hive Digital Technologies's revenue fell $2.4M (-3%) from $87.3M in Q2 FY26 to $84.9M in Q2 FY27.
What drove Hive Digital Technologies's revenue change in Q2 FY27?
Digital currency mining −$6.0M (-7%); High performance computing hosting +$3.7M (+71%).