HIVE Digital Technologies Misses Q1 Earnings Amid Rising Costs

HIVE Digital Technologies' fiscal Q1 earnings and revenue fell short of expectations, marking a disappointing quarter for the Bitcoin mining and AI computing company.

The company reported Q4 2026 revenue of $71.82 million, more than double the $31.16 million it pulled in during the same quarter a year earlier.

However, HIVE's losses grew faster than its top line, with an adjusted EPS loss of $0.28 per share, significantly worse than the $0.21 loss Wall Street had anticipated.

The full-year numbers painted a similar picture: total annual revenue of $297.8 million for fiscal year 2026, a 158% increase from the prior year, but with a net loss of $148.4 million.