HIVE Digital Technologies Ltd. reported its fiscal fourth-quarter results, announcing a net loss of $52.9 million, or 34 cents per share. Adjusted for non-recurring costs, the company's loss for the quarter was 31 cents per share.
For the full fiscal year 2025, HIVE reported total revenue of $115.3 million. The company recorded a net loss of $0.02 per share for fiscal 2025, a shift from a net profit of $0.29 per share in fiscal 2024, reflecting the impact of the Bitcoin halving event in April 2024.
Despite the overall net loss, HIVE's HPC and AI cloud revenue demonstrated strong growth, soaring to $10.1 million for the full fiscal year, with AI cloud earnings almost tripling. Total revenue in Q4 fiscal 2025 increased sequentially to $31.2 million from $29.2 million in Q3, indicating some operational recovery.
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