HIVE Blockchain Technologies Ltd. (HIVE) Income Statement
HIVE FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsHIVE revenue and net income
Where HIVE's revenue goes
FY2026Each bar shows an amount and its share of revenue. HIVE kept −49.8% of revenue as net income.
HIVE profit margins
HIVE growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +158.3% | +41.0% | +34.5% | +7.0% |
| Gross profit | −348.6% | — | — | — |
| Operating income | −7,529.8% | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HIVE quarterly EPS vs estimates
HIVE Blockchain Technologies beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 13, 2026 (estimate $-0.17).
HIVE income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $297.8M | $115.3M | $114.5M | $106.3M | $211.2M | $67.7M | $29.2M | $31.8M | $13.1M | $169.8M |
| Cost of revenue | $360.3M | $90.1M | $76.9M | $55.5M | $47.3M | $16.6M | $20.7M | $24.8M | $2.9M | $55.3M |
| Gross profit | −$62.5M | $25.1M | $37.5M | $50.9M | $163.9M | $51.1M | $8.5M | $7.0M | $10.1M | $114.5M |
| Research & development | — | — | — | — | — | — | — | $35.6M | $36.4M | $41.5M |
| Sales, general & admin | $31.4M | $25.4M | $19.2M | $21.6M | $17.7M | $6.8M | $5.4M | $5.2M | $3.2M | $56,136 |
| Total operating expenses | $57.2M | $23.5M | $4.8M | $21.6M | $17.7M | $6.8M | $5.4M | $5.9M | $9.4M | $56,136 |
| Operating income | −$119.8M | $1.6M | $32.7M | $29.2M | $146.2M | $44.3M | $3.1M | $1.2M | $781,630 | −$56,136 |
| Interest expense | $1.3M | $2.3M | $3.6M | $4.0M | $3.9M | $1.2M | $418,888 | $182,691 | $122,683 | $470,390 |
| Income before taxes | −$144.6M | $1.6M | $32.7M | −$236.1M | $82.0M | $24.3M | −$832,081 | −$138.0M | −$25.6M | −$535,134 |
| Income taxes | $3.9M | $4.6M | $6.2M | $289,000 | $2.4M | $151,366 | $830,742 | −$227,000 | $227,000 | $269,000 |
| Net income | −$148.4M | −$3.0M | $26.5M | −$236.4M | $79.6M | $24.1M | −$1.7M | −$137.8M | −$26.2M | −$535,134 |
| EBITDA | $27.2M | $31.3M | $98.9M | −$43.5M | $143.9M | $62.5M | $2.7M | −$14.3M | −$4.5M | −$54,984 |
| EPS (diluted) | −$0.55 | −$0.36 | −$0.57 | −$2.86 | $1.23 | $0.15 | −$0.20 | −$0.83 | −$0.02 | −$0.01 |
| Gross margin | −21.0% | 21.8% | 32.8% | 47.8% | 77.6% | 75.5% | 29.1% | 22.1% | 77.5% | 67.4% |
| Operating margin | −40.2% | 1.4% | 28.6% | 27.5% | 69.2% | 65.5% | 10.6% | 3.7% | 6.0% | −0.0% |
| Net margin | −49.8% | −2.6% | 23.2% | −222.4% | 37.7% | 35.7% | −5.7% | −433.0% | −200.6% | −0.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $77.1M | $71.8M | $93.1M | $87.3M | $45.6M | $31.2M | $29.2M | $22.6M | $32.2M | $36.9M | $31.3M | $22.8M |
| Cost of revenue | $105.9M | $186.4M | $61.0M | $83.1M | $29.8M | $24.7M | $23.2M | $21.5M | $21.5M | $23.4M | $19.9M | $18.1M |
| Gross profit | −$28.7M | −$114.6M | $32.1M | $4.1M | $15.8M | $6.5M | $6.0M | $1.2M | $10.7M | $13.5M | $11.4M | $4.7M |
| Sales, general & admin | $16.1M | $8.8M | $15.4M | $13.3M | $11.0M | $9.2M | $8.1M | $5.6M | $3.9M | $3.4M | $4.3M | $7.6M |
| Total operating expenses | $15.7M | $48.4M | $15.4M | $13.3M | −$19.8M | $4.9M | $8.1M | $5.6M | $28.0M | −$19.2M | $4.3M | $7.6M |
| Operating income | −$44.4M | −$163.0M | $16.7M | −$9.2M | $35.7M | $1.6M | −$2.0M | −$4.4M | −$17.3M | $32.7M | $7.0M | −$2.9M |
| Interest expense | $1.3M | $710,000 | $299,000 | $328,000 | $288,000 | $265,000 | $522,000 | $743,000 | $760,000 | $997,000 | $843,000 | $838,000 |
| Income before taxes | −$137.7M | −$74.6M | −$90.8M | −$14.8M | $35.7M | $3.3M | $1.4M | −$7.3M | −$17.3M | $75.3M | −$5.2M | −$22.9M |
| Income taxes | $1.5M | $1.7M | $496,000 | $1.0M | $649,000 | $3.2M | $123,000 | $318,000 | $1.0M | $1.0M | $1.7M | $1.6M |
| Net income | −$139.3M | −$76.3M | −$91.3M | −$15.8M | $35.0M | $142,000 | $1.3M | −$7.7M | −$18.3M | $74.3M | −$7.0M | −$24.5M |
| EBITDA | $9.2M | −$31.1M | $6.9M | $23.8M | $26.8M | $30.9M | −$2.1M | −$5.4M | −$15.8M | $86.3M | $13.3M | −$5.6M |
| EPS (diluted) | −$0.19 | −$0.28 | −$0.38 | −$0.07 | $0.18 | −$0.34 | $0.01 | −$0.06 | $0.03 | −$0.01 | −$0.08 | −$0.29 |
| Gross margin | −37.3% | −159.6% | 34.5% | 4.7% | 34.7% | 20.8% | 20.7% | 5.1% | 33.2% | 36.5% | 36.3% | 20.5% |
| Operating margin | −57.6% | −226.9% | 17.9% | −10.5% | 78.2% | 5.2% | −7.0% | −19.6% | −53.6% | 88.6% | 22.5% | −12.9% |
| Net margin | −180.6% | −106.3% | −98.1% | −18.1% | 76.8% | 0.5% | 4.3% | −33.8% | −56.7% | 201.3% | −22.2% | −107.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HIVE's financial statements (latest annual report filed June 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HIVE financial results
In fiscal year 2026 (ended March 31, 2026), HIVE Blockchain Technologies reported revenue of $297.8 million, up 158.3% from the year before. It had a net loss of $148.4 million, a net profit margin of −49.8%. Diluted earnings per share came to −$0.55. Over five years revenue grew at an average rate of 34.5% a year.
See the HIVE stock overview for the latest quote and news, or the HIVE chart for price history and technical indicators.
HIVE income statement FAQ
What is HIVE Blockchain Technologies's annual revenue?
HIVE Blockchain Technologies reported total revenue of $297.8 million for fiscal year 2026, which ended on March 31, 2026. That was up 158.3% from $115.3 million the previous year.
Is HIVE Blockchain Technologies profitable?
No. HIVE Blockchain Technologies reported a net loss of $148.4 million in fiscal 2026, a net profit margin of −49.8%; its operating margin was −40.2%.
What is HIVE Blockchain Technologies's gross margin?
HIVE Blockchain Technologies's gross margin was −21.0% in fiscal 2026: for every $100 of revenue, HIVE Blockchain Technologies kept $-21 after the direct cost of its products and services.
How fast is HIVE Blockchain Technologies growing?
Revenue grew 34.5% a year on average over the last five fiscal years, from $67.7 million to $297.8 million.
What are HIVE Blockchain Technologies's earnings per share?
HIVE Blockchain Technologies earned $-0.55 per diluted share in fiscal 2026, compared with $-0.36 a year earlier.
When will HIVE Blockchain Technologies report its next earnings?
HIVE Blockchain Technologies is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does HIVE Blockchain Technologies's fiscal year end?
HIVE Blockchain Technologies's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 2, 2026.