HIVE Digital Technologies Reports $84.9M Q2 Revenue, $78.7M Net Loss

HIVE Digital Technologies reported Q2 2027 revenue of $84.9M, up 7.3% sequentially but down 2.7% YoY, with a net loss of $78.7M. HPC revenue grew 70.7% YoY, driven by GPU computing expansion. The company's cash reserves were $139M at quarter-end, with $24.8M in Adjusted EBITDA.

Original reporting
Published Nov 10, 2026, 12:53 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 10, 2026, 12:57 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
HIVE Digital Technologies Reports $84.9M Q2 Revenue, $78.7M Net Loss — source image
Decision brief

The 30-second read

$HIVEBearishMed
01

Why it matters

The earnings release shows a significant increase in loss and modest revenue growth, suggesting short‑term downside risk but a solid cash position.

02

Market read

Primary earnings disclosure for a micro‑cap crypto miner; relevant for traders with exposure to crypto‑related equities.

03

What to watch

Strong cash balance of $139M and growing HPC revenue could support a turnaround.

Relevance 7/10Novelty 8/10Timing: today

Background

HIVE Digital Technologies Ltd. filed an 8‑K reporting its Q2 2027 results, including revenue, margins, and Bitcoin mining output.

Company-level read

Ticker impact

$HIVEBearishHigh confidence
Context

Q2 2027 earnings release showing $84.9M revenue and $78.7M net loss.

Expected impact

likely pressure as the market prices in the larger loss and weak revenue growth

Evidence & confidence

The company reported a net loss of $78.7M versus $15.8M a year ago, indicating deteriorating performance.

Market effects

Highlights challenges in the crypto mining and GPU cloud sectors.

May affect investor sentiment toward other small-cap crypto‑related stocks.

Limited to niche crypto‑mining and GPU‑cloud niche; no broad market impact.

Counterpoint

If the company can monetize its expanding GPU cloud ARR, the loss may be temporary.

Key entities

  • HIVE Digital Technologies Ltd.

    Crypto mining and GPU cloud provider.

Related articles

Med

Why is HIVE Digital Technologies stock climbing today?

HIVE Digital Technologies' stock rose 2.9% today, recovering from earlier losses after its Q2 FY2027 earnings report. Revenue increased 7.3% sequentially to $84.9M, adjusted EBITDA improved 85% to $24.8M, but GAAP net loss widened to $78.7M due to a $31.2M impairment charge. H.C. Wainwright reduced its price target to $5.00 but maintained a Buy rating. The company's AI Cloud pivot and strong BUZZ HPC unit revenue growth support its long-term outlook, despite execution risks.

$HIVEMed

HIVE adds 79 BTC as Riot and CleanSpark sell Bitcoin reserves

HIVE Digital added 79 BTC to its reserves, totaling 269 BTC by September 2023. It mined 1,070 BTC and sold 991 BTC in Q3, with sales proceeds of $70 million. Riot Platforms sold 10,599 BTC in Q3, using proceeds for data center development. CleanSpark sold more Bitcoin than it mined, reducing holdings by 394 BTC. HIVE reported $84.9 million in total revenue and a $78.7 million net loss for Q2 2027.

$HIVEMed

HIVE Digital Technologies sees contracted GPU cloud revenue reaches about $185M as quarterly sales rise

HIVE Digital Technologies reported Q2 revenue of $84.9M, up 7.3% from Q1 but down 2.7% YoY. Contracted GPU cloud revenue reached $185M, with $40M live. High-performance computing revenue rose 70.7% YoY to $8.8M. The company aims for $200M in GPU cloud revenue by Q4 2026. HIVE ended the quarter with $139M in cash and $22.6M in digital currencies, reporting a GAAP net loss of $78.7M.

$HIVEMed

HIVE Reports Q2 Revenue of $84.9 Million with AI GPU Revenue Expanding 70% as Dual-Engine Model Drives Resilience with $139 Million in Cash on the Balance Sheet

HIVE Digital Technologies Ltd. (HIVE) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 HIVE DIGITAL TECHNOLOGIES LTD. HIVE Reports Q2 Revenue of $84.9 Million with AI GPU Revenue Expanding 70% as Dual-Engine Model Drives Resilience with $139 Million in Cash on the Balance Sheet This news release constitutes a "designated news release" for the purposes

$HIVEMed

HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows

HIVE Digital Technologies reported a net loss of $78.7M in Q2, down from $15.8M a year earlier. Revenue fell 2.7% to $84.9M, with bitcoin mining revenue declining due to lower BTC prices. The company's AI business, BUZZ HPC, grew 70.7% to $8.8M. HIVE has $185M in contracted GPU cloud revenue and aims for $200M in Q4 2026. Cash reserves totaled $139M at quarter-end.