Company Analysis

HIVE Digital Technologies Ltd. (HIVE)

Nasdaq: HIVE · Finance Services · Vancouver, BC · filing with the SEC since 2017
Grade5.5
◀ Past 5.1● Present 6.1▶ Future 5.4
2 est.

The grade of HIVE Digital Technologies Ltd.

Nine metrics read from its own filings, by tense
Headline grade
5.5/10
◀ Past5.140% of the headline
● Present6.135% of the headline
▶ Future5.425% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.1/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.6/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2026-08-11.

weight 45% of this tense · 56th percentile among 130 sector filers · read for itself

From the record

HIVE Digital Technologies Ltd.'s filings since 2017 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-08-11) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.8/10

What has it actually done, year after year?

+61.3% a year over 3 filed years; profitable in 1 of 3.

weight 22% of this tense · 78th percentile among 104 sector filers · read for its customers

From the record

HIVE Digital Technologies Ltd.'s 3 filed years say what it did: revenue went from $114 million in fiscal 2024 to $298 million in fiscal 2026, up 61.3% a year; it rose in 2 of 2 years; it never fell from a peak; net income was positive in 1 of 3 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span61.3%top 19% of its family
  • the share of years revenue rosetop 13% of its family
  • the share of filed years with a profittop 43% of its family
  • the deepest fall from a revenue peak0.0%top 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.5/10

How has it treated the people who own it?

Share count grew 58.3% a year. 0% of cash flow returned. Insiders: 11 sales, 0 purchases.

weight 33% of this tense · 26th percentile among 53 sector filers · read for its shareholders

From the record

Over the 2 fiscal years to 2026-03-31, HIVE Digital Technologies Ltd.'s diluted share count grew about 58.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 11 sales and 0 purchases of their own stock on the open market in the year to 2026-10-08 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 29% of its family
  • cash returned against operating cash flowbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.1/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.9/10

Is it financially healthy right now?

ROE -28%: lost 28¢ per shareholder dollar. Leverage 17%: owes 17¢ per asset dollar.

weight 45% of this tense · 39th percentile among 117 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, HIVE Digital Technologies Ltd. lost about 28 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 10 cents per dollar of everything the company owns. Leverage: it owed about 17 cents per dollar of assets, and net share issuance: its share count grew 76.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 22% of its family
  • return on equitybottom 41% of its family
  • gross profit against assetsbottom 4% of its family
  • the share count against the year beforebottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 114 in its family; net margin -49.8%.

weight 33% of this tense · 66th percentile among 114 sector filers · read for its customers

From the record

HIVE Digital Technologies Ltd.'s standing among 114 graded names in its industry family: revenue of $298 million in fiscal 2026 ranks in the top 35% by size; a net margin of -49.8% ranks in the top 48%; revenue growth of 61.3% a year over the last 2 filed years ranks in the top 20% (its annual reports).

What it rests on

  • revenue against the family$298Mtop 35% of its family
  • net margin-49.8%top 48% of its family
  • three-year revenue growth61.3%top 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
9.7/10

What are the people in charge doing?

SI estimate 9.7/10, confidence 35 of 100 (one part).

weight 22% of this tense · 96th percentile among 92 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 4% of 92 in its family; the record of its people begins on 2026-03-31 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2026-03-31 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 92 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: HIVE Digital Technologies Ltd.'s leadership is put at 9.7 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 4% of 92 in its family; the record of its people begins on 2026-03-31 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.4/1025% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
4.5/10

How much room does it have to grow?

bottom 45% of 108 in its family for room to expand.

weight 33% of this tense · 45th percentile among 108 sector filers · read for itself

From the record

HIVE Digital Technologies Ltd.'s room to grow, from the newest filed statements (fiscal 2026): cash of $23 million against no long-term debt tagged leaves 3.6% of its assets as net cash, bottom 43% of its family; cash from operations less capital spending is 20.9% of revenue (top 15%); a gross margin of -21% (bottom 7%) (its annual report).

What it rests on

  • cash less debt against assets3.6%bottom 43% of its family
  • cash from operations less capital spending against revenue20.9%top 15% of its family
  • gross margin-21.0%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.0/10

What could actually drive growth from here?

top 30% of 100 in its family for growth drivers.

weight 33% of this tense · 70th percentile among 100 sector filers · read for its customers

From the record

HIVE Digital Technologies Ltd.'s growth drivers, from the filed years to fiscal 2026: revenue grew 61.3% a year over the last three filed years against 61.3% over all 3, speeding up (top 42% of its family); the newest year grew 158.5% (top 12%); capital spending grew 44.5% a year (top 35%) (its annual reports). HIVE Digital Technologies Ltd. reported 2 lines of business in fiscal 2026: Revenue From Digital Currency Mining at $278 million (93%), High Performance Computing Hosting at $20 million (7%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 42% of its family
  • the newest year's revenue growth158.5%top 12% of its family
  • three-year growth of capital spending44.5%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
4.8/10

Did its newest year beat what its own record pointed to?

SI estimate 4.8/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 78 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 78 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 78 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: HIVE Digital Technologies Ltd.'s expectations vs reality is put at 4.8 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 78 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton HIVE · research, not advice