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Side-by-side financial comparison of Fathom Holdings Inc. (FTHM) 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 $90.6M, roughly 1.0× Fathom Holdings Inc.). Fathom Holdings Inc. runs the higher net margin — -7.4% vs -98.1%, a 90.7% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -1.2%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs 13.4%).

Fathom Holdings Inc. is a US-based real estate technology and services enterprise. It provides end-to-end solutions for real estate agents, brokers, and consumers, including digital transaction management tools, mortgage services, title insurance, and residential property brokerage services, covering most regional markets across the United States.

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.

FTHM vs HIVE — Head-to-Head

Bigger by revenue
HIVE
HIVE
1.0× larger
HIVE
$93.1M
$90.6M
FTHM
Growing faster (revenue YoY)
HIVE
HIVE
+219.8% gap
HIVE
218.6%
-1.2%
FTHM
Higher net margin
FTHM
FTHM
90.7% more per $
FTHM
-7.4%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
13.4%
FTHM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FTHM
FTHM
HIVE
HIVE
Revenue
$90.6M
$93.1M
Net Profit
$-6.7M
$-91.3M
Gross Margin
-27.1%
Operating Margin
-5.2%
Net Margin
-7.4%
-98.1%
Revenue YoY
-1.2%
218.6%
Net Profit YoY
-7.7%
-234.0%
EPS (diluted)
$-0.20
$-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
FTHM
FTHM
HIVE
HIVE
Q4 25
$90.6M
$93.1M
Q3 25
$115.3M
$87.3M
Q2 25
$121.4M
$45.6M
Q1 25
$93.1M
Q4 24
$91.7M
$29.2M
Q3 24
$83.7M
$22.6M
Q2 24
$89.2M
$32.2M
Q1 24
$70.5M
Net Profit
FTHM
FTHM
HIVE
HIVE
Q4 25
$-6.7M
$-91.3M
Q3 25
$-4.4M
$-15.8M
Q2 25
$-3.6M
$35.0M
Q1 25
$-5.6M
Q4 24
$-6.2M
$68.2M
Q3 24
$-8.1M
$80.0K
Q2 24
$-1.3M
$-18.3M
Q1 24
$-5.9M
Gross Margin
FTHM
FTHM
HIVE
HIVE
Q4 25
-27.1%
Q3 25
4.7%
Q2 25
-13.6%
Q1 25
Q4 24
-43.7%
Q3 24
-66.1%
Q2 24
-7.4%
Q1 24
Operating Margin
FTHM
FTHM
HIVE
HIVE
Q4 25
-5.2%
Q3 25
-3.5%
Q2 25
-2.0%
Q1 25
-4.8%
Q4 24
-7.0%
Q3 24
-9.3%
Q2 24
-4.1%
Q1 24
-8.0%
Net Margin
FTHM
FTHM
HIVE
HIVE
Q4 25
-7.4%
-98.1%
Q3 25
-3.8%
-18.1%
Q2 25
-3.0%
76.8%
Q1 25
-6.1%
Q4 24
-6.8%
233.2%
Q3 24
-9.7%
0.4%
Q2 24
-1.5%
-56.7%
Q1 24
-8.4%
EPS (diluted)
FTHM
FTHM
HIVE
HIVE
Q4 25
$-0.20
$-0.38
Q3 25
$-0.15
$-0.07
Q2 25
$-0.13
$0.18
Q1 25
$-0.24
Q4 24
$-0.29
$0.52
Q3 24
$-0.40
$0.00
Q2 24
$-0.07
$-0.17
Q1 24
$-0.31

Balance Sheet & Financial Strength

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

Metric
FTHM
FTHM
HIVE
HIVE
Cash + ST InvestmentsLiquidity on hand
$5.8M
Total DebtLower is stronger
$5.6M
Stockholders' EquityBook value
$37.4M
$559.3M
Total Assets
$78.0M
$624.0M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTHM
FTHM
HIVE
HIVE
Q4 25
$5.8M
Q3 25
$9.8M
Q2 25
$4.9M
Q1 25
$8.0M
Q4 24
$7.1M
$40.5M
Q3 24
$13.1M
$31.7M
Q2 24
$10.4M
Q1 24
$5.7M
Total Debt
FTHM
FTHM
HIVE
HIVE
Q4 25
$5.6M
Q3 25
$5.1M
Q2 25
$5.1M
Q1 25
$5.1M
Q4 24
$9.5M
Q3 24
$8.8M
Q2 24
$3.6M
Q1 24
$3.7M
Stockholders' Equity
FTHM
FTHM
HIVE
HIVE
Q4 25
$37.4M
$559.3M
Q3 25
$43.4M
$624.6M
Q2 25
$40.7M
$560.5M
Q1 25
$43.4M
Q4 24
$44.7M
$430.9M
Q3 24
$47.1M
$275.5M
Q2 24
$53.1M
$268.6M
Q1 24
$51.9M
Total Assets
FTHM
FTHM
HIVE
HIVE
Q4 25
$78.0M
$624.0M
Q3 25
$83.2M
$693.0M
Q2 25
$80.4M
$628.7M
Q1 25
$81.0M
Q4 24
$75.4M
$478.6M
Q3 24
$80.9M
$334.7M
Q2 24
$80.2M
Q1 24
$78.2M
Debt / Equity
FTHM
FTHM
HIVE
HIVE
Q4 25
0.15×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.12×
Q4 24
0.21×
Q3 24
0.19×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
FTHM
FTHM
HIVE
HIVE
Operating Cash FlowLast quarter
$-20.5M
$46.0M
Free Cash FlowOCF − Capex
$-20.7M
FCF MarginFCF / Revenue
-22.8%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-29.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTHM
FTHM
HIVE
HIVE
Q4 25
$-20.5M
$46.0M
Q3 25
$3.0M
$-10.6M
Q2 25
$-5.9M
$10.2M
Q1 25
$-5.7M
Q4 24
$-4.7M
$-28.5M
Q3 24
$-330.0K
$-2.2M
Q2 24
$-3.1M
$-4.4M
Q1 24
$-947.0K
Free Cash Flow
FTHM
FTHM
HIVE
HIVE
Q4 25
$-20.7M
Q3 25
$3.0M
Q2 25
$-6.0M
Q1 25
$-5.8M
Q4 24
$-4.7M
$-55.5M
Q3 24
$-364.0K
$-34.7M
Q2 24
$-3.1M
Q1 24
$-948.0K
FCF Margin
FTHM
FTHM
HIVE
HIVE
Q4 25
-22.8%
Q3 25
2.6%
Q2 25
-4.9%
Q1 25
-6.2%
Q4 24
-5.2%
-189.9%
Q3 24
-0.4%
-153.4%
Q2 24
-3.5%
Q1 24
-1.3%
Capex Intensity
FTHM
FTHM
HIVE
HIVE
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.1%
92.5%
Q3 24
0.0%
143.9%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
FTHM
FTHM
HIVE
HIVE
Q4 25
Q3 25
Q2 25
0.29×
Q1 25
Q4 24
-0.42×
Q3 24
-26.94×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTHM
FTHM

Real Estate Brokerage$84.9M94%
Mortgage Segment$3.4M4%
Other$2.3M3%

HIVE
HIVE

Segment breakdown not available.

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