AI brief of an SEC Form 8-K · HIVE Digital Technologies Ltd. (HIVE)
HIVE Q2 revenue $84.9 million, down 2.7% year over year; net loss $78.7 million
HIVE reported revenue of $84.9 million for the quarter ended September 30, 2026, up 7.3% from the prior quarter but down 2.7% from a year earlier. The GAAP net loss widened to $78.7 million from $15.8 million a year earlier, including a $31.2 million non-cash impairment of mining equipment. Shareholders face a mix of sequential improvement, a year-over-year revenue decline and a larger loss.
Key points
- Revenue $84.9 million, up 7.3% sequentially and down 2.7% year over year; HPC revenue $8.8 million, up 70.7% year over year
- GAAP net loss $78.7 million, or $0.29 per share, versus a net loss of $15.8 million in the year-earlier quarter
- Non-cash charges included $54.9 million of depreciation and a $31.2 million impairment of mining equipment
- Cash and cash equivalents $139.0 million as of September 30, 2026; HIVE targets about $200 million of GPU Cloud ARR by Q4 calendar 2026
The filing
CompanyHIVE Digital Technologies Ltd. (HIVE)
Form8-K, current report
Filed with the SECNov 10, 2026, 7:44 AM ET
Accession number0001062993-26-005856
Written by AI on Nov 10, 2026, 7:50 AM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.