vs

Side-by-side financial comparison of Cytek Biosciences, Inc. (CTKB) and HIVE Digital Technologies Ltd. (HIVE). Click either name above to swap in a different company.

HIVE Digital Technologies Ltd. is the larger business by last-quarter revenue ($93.1M vs $62.1M, roughly 1.5× Cytek Biosciences, Inc.). Cytek Biosciences, Inc. runs the higher net margin — -70.9% vs -98.1%, a 27.2% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs 8.1%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs 17.7%).

Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.

Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.

CTKB vs HIVE — Head-to-Head

Bigger by revenue
HIVE
HIVE
1.5× larger
HIVE
$93.1M
$62.1M
CTKB
Growing faster (revenue YoY)
HIVE
HIVE
+210.4% gap
HIVE
218.6%
8.1%
CTKB
Higher net margin
CTKB
CTKB
27.2% more per $
CTKB
-70.9%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
17.7%
CTKB

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CTKB
CTKB
HIVE
HIVE
Revenue
$62.1M
$93.1M
Net Profit
$-44.1M
$-91.3M
Gross Margin
52.9%
-27.1%
Operating Margin
-9.0%
Net Margin
-70.9%
-98.1%
Revenue YoY
8.1%
218.6%
Net Profit YoY
-557.1%
-234.0%
EPS (diluted)
$-0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTKB
CTKB
HIVE
HIVE
Q4 25
$62.1M
$93.1M
Q3 25
$52.3M
$87.3M
Q2 25
$45.6M
$45.6M
Q1 25
$41.5M
Q4 24
$57.5M
$29.2M
Q3 24
$51.5M
$22.6M
Q2 24
$46.6M
$32.2M
Q1 24
$44.9M
Net Profit
CTKB
CTKB
HIVE
HIVE
Q4 25
$-44.1M
$-91.3M
Q3 25
$-5.5M
$-15.8M
Q2 25
$-5.6M
$35.0M
Q1 25
$-11.4M
Q4 24
$9.6M
$68.2M
Q3 24
$941.0K
$80.0K
Q2 24
$-10.4M
$-18.3M
Q1 24
$-6.2M
Gross Margin
CTKB
CTKB
HIVE
HIVE
Q4 25
52.9%
-27.1%
Q3 25
52.7%
4.7%
Q2 25
52.3%
-13.6%
Q1 25
48.6%
Q4 24
58.5%
-43.7%
Q3 24
56.3%
-66.1%
Q2 24
54.6%
-7.4%
Q1 24
51.3%
Operating Margin
CTKB
CTKB
HIVE
HIVE
Q4 25
-9.0%
Q3 25
-17.6%
Q2 25
-23.3%
Q1 25
-36.1%
Q4 24
5.2%
Q3 24
-8.2%
Q2 24
-18.3%
Q1 24
-23.9%
Net Margin
CTKB
CTKB
HIVE
HIVE
Q4 25
-70.9%
-98.1%
Q3 25
-10.5%
-18.1%
Q2 25
-12.2%
76.8%
Q1 25
-27.5%
Q4 24
16.8%
233.2%
Q3 24
1.8%
0.4%
Q2 24
-22.4%
-56.7%
Q1 24
-13.8%
EPS (diluted)
CTKB
CTKB
HIVE
HIVE
Q4 25
$-0.38
Q3 25
$-0.07
Q2 25
$0.18
Q1 25
Q4 24
$0.52
Q3 24
$0.00
Q2 24
$-0.17
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTKB
CTKB
HIVE
HIVE
Cash + ST InvestmentsLiquidity on hand
$90.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$341.7M
$559.3M
Total Assets
$461.5M
$624.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTKB
CTKB
HIVE
HIVE
Q4 25
$90.9M
Q3 25
$93.3M
Q2 25
$75.5M
Q1 25
$95.3M
Q4 24
$98.7M
$40.5M
Q3 24
$162.3M
$31.7M
Q2 24
$177.9M
Q1 24
$168.8M
Stockholders' Equity
CTKB
CTKB
HIVE
HIVE
Q4 25
$341.7M
$559.3M
Q3 25
$378.6M
$624.6M
Q2 25
$377.6M
$560.5M
Q1 25
$379.6M
Q4 24
$395.7M
$430.9M
Q3 24
$385.5M
$275.5M
Q2 24
$389.1M
$268.6M
Q1 24
$392.6M
Total Assets
CTKB
CTKB
HIVE
HIVE
Q4 25
$461.5M
$624.0M
Q3 25
$494.9M
$693.0M
Q2 25
$493.3M
$628.7M
Q1 25
$482.6M
Q4 24
$499.5M
$478.6M
Q3 24
$491.2M
$334.7M
Q2 24
$483.7M
Q1 24
$492.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTKB
CTKB
HIVE
HIVE
Operating Cash FlowLast quarter
$-771.0K
$46.0M
Free Cash FlowOCF − Capex
$-1.8M
FCF MarginFCF / Revenue
-2.9%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTKB
CTKB
HIVE
HIVE
Q4 25
$-771.0K
$46.0M
Q3 25
$-3.9M
$-10.6M
Q2 25
$108.0K
$10.2M
Q1 25
$-125.0K
Q4 24
$2.0M
$-28.5M
Q3 24
$13.2M
$-2.2M
Q2 24
$6.2M
$-4.4M
Q1 24
$4.0M
Free Cash Flow
CTKB
CTKB
HIVE
HIVE
Q4 25
$-1.8M
Q3 25
$-4.6M
Q2 25
$-1.5M
Q1 25
$-974.0K
Q4 24
$1.1M
$-55.5M
Q3 24
$12.2M
$-34.7M
Q2 24
$5.2M
Q1 24
$3.4M
FCF Margin
CTKB
CTKB
HIVE
HIVE
Q4 25
-2.9%
Q3 25
-8.7%
Q2 25
-3.2%
Q1 25
-2.3%
Q4 24
1.9%
-189.9%
Q3 24
23.7%
-153.4%
Q2 24
11.0%
Q1 24
7.6%
Capex Intensity
CTKB
CTKB
HIVE
HIVE
Q4 25
1.6%
Q3 25
1.3%
Q2 25
3.5%
Q1 25
2.0%
Q4 24
1.6%
92.5%
Q3 24
2.0%
143.9%
Q2 24
2.3%
Q1 24
1.3%
Cash Conversion
CTKB
CTKB
HIVE
HIVE
Q4 25
Q3 25
Q2 25
0.29×
Q1 25
Q4 24
0.21×
-0.42×
Q3 24
14.05×
-26.94×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTKB
CTKB

Products$46.6M75%
Services$15.5M25%

HIVE
HIVE

Segment breakdown not available.

Related Comparisons