HIVE Digital Technologies Ltd (HIVE)

Nov 10, 2026

HIVE Digital Technologies reported $84.9 million in Q2 fiscal 2027 revenue, a 7.3% sequential increase, driven by a 70.7% year-over-year growth in its High-Performance Computing (HPC) business. The growth is largely attributed to the deployment of an NVIDIA B200 GPU cluster and strong demand for AI computing capacity. The company also announced plans to increase global power capacity and a potential $45 million annual revenue opportunity from a colocation agreement in Sweden.

Nov 10, 2026

HIVE Digital Technologies reported $85 million in Q2 FY2027 revenue with a strong gross operating margin, despite a net loss primarily due to non-cash impairments. The company is strategically expanding its HPC AI capabilities, targeting $200 million in GPU cloud annual recurring revenue by early 2027, backed by $160 million in liquid assets. HIVE emphasizes protecting its balance sheet, focusing on high ROI projects, and leveraging its global data center presence in Canada, Paraguay, and Sweden with governmental support.

Nov 10, 2026

HIVE Digital Technologies reported a significant increase in its contracted GPU cloud annualized run rate revenue, reaching approximately $185 million, with $40 million already live. The company's second-quarter revenue grew 7.3% sequentially to $84.9 million, primarily driven by strong performance in its high-performance computing (HPC) segment and Bitcoin mining. HIVE also detailed substantial sovereign AI agreements and aims for $200 million in GPU cloud annualized revenue by Q4 2026, and $700 million in total HPC annualized revenue by year-end 2028.

Nov 10, 2026

Hive Digital (HIVE) stock saw a slight dip in premarket trading after reporting lower-than-expected compute revenue for its Q2 earnings. The company, a bitcoin miner and high-performance compute provider, is actively working to strengthen its compute operations to reduce its reliance on the more volatile digital assets market. Despite the miss in HPC revenue, overall revenue remained broadly stable.

Nov 10, 2026

HIVE Digital Technologies reported a net loss of $78.7 million in the three months ending September 30, significantly wider than the $15.8 million loss a year prior. This was largely due to a decline in bitcoin mining revenue, though the company's BUZZ High Performance Computing (HPC) business saw a 70.7% increase in revenue to $8.8 million. HIVE is focusing on expanding its GPU cloud services, securing significant deals and aiming for substantial growth in its HPC annualized run-rate revenue.