HIVE Digital Tech

Q1 FY2027 EarningsQ1 FY2027 results were mixed relative to consensus, with a top-line miss of 3.2% as revenue reached $79.1M vs. the $81.7M expected. Despite the revenue gap, gross operating margin beat expectations at 30.6% vs. the 27.6% consensus mean. A massive GAAP net loss of $142.9M significantly missed the $47.3M loss consensus, primarily due to a non-cash $84.7M provision for a Swedish VAT dispute. However, strong HPC segment growth (+52% QoQ) and a robust GPU Cloud ARR target of $200M by year-end calendar 2026 provide significant forward momentum.