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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and IOVANCE BIOTHERAPEUTICS, INC. (IOVA). 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 $86.8M, roughly 1.1× IOVANCE BIOTHERAPEUTICS, INC.). On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs 17.7%). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% CAGR vs 102.2%).

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.

Iovance Biotherapeutics, Inc. is a biopharmaceutical startup based in San Carlos, California. The company works to develop tumor-infiltrating lymphocyte (TIL) therapies against cancer.

HIVE vs IOVA — Head-to-Head

Bigger by revenue
HIVE
HIVE
1.1× larger
HIVE
$93.1M
$86.8M
IOVA
Growing faster (revenue YoY)
HIVE
HIVE
+200.8% gap
HIVE
218.6%
17.7%
IOVA
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
102.2%
HIVE

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
HIVE
HIVE
IOVA
IOVA
Revenue
$93.1M
$86.8M
Net Profit
$-91.3M
Gross Margin
-27.1%
67.4%
Operating Margin
-84.7%
Net Margin
-98.1%
Revenue YoY
218.6%
17.7%
Net Profit YoY
-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
HIVE
HIVE
IOVA
IOVA
Q4 25
$93.1M
$86.8M
Q3 25
$87.3M
$67.5M
Q2 25
$45.6M
$60.0M
Q1 25
$49.3M
Q4 24
$29.2M
$73.7M
Q3 24
$22.6M
$58.6M
Q2 24
$32.2M
$31.1M
Q1 24
$715.0K
Net Profit
HIVE
HIVE
IOVA
IOVA
Q4 25
$-91.3M
Q3 25
$-15.8M
$-91.3M
Q2 25
$35.0M
$-111.7M
Q1 25
$-116.2M
Q4 24
$68.2M
Q3 24
$80.0K
$-83.5M
Q2 24
$-18.3M
$-97.1M
Q1 24
$-113.0M
Gross Margin
HIVE
HIVE
IOVA
IOVA
Q4 25
-27.1%
67.4%
Q3 25
4.7%
43.0%
Q2 25
-13.6%
5.5%
Q1 25
-0.8%
Q4 24
-43.7%
68.7%
Q3 24
-66.1%
46.2%
Q2 24
-7.4%
-0.8%
Q1 24
Operating Margin
HIVE
HIVE
IOVA
IOVA
Q4 25
-84.7%
Q3 25
-140.7%
Q2 25
-189.8%
Q1 25
-245.8%
Q4 24
-117.5%
Q3 24
-152.1%
Q2 24
-327.6%
Q1 24
-16464.6%
Net Margin
HIVE
HIVE
IOVA
IOVA
Q4 25
-98.1%
Q3 25
-18.1%
-135.3%
Q2 25
76.8%
-186.2%
Q1 25
-235.5%
Q4 24
233.2%
Q3 24
0.4%
-142.7%
Q2 24
-56.7%
-312.2%
Q1 24
-15800.8%
EPS (diluted)
HIVE
HIVE
IOVA
IOVA
Q4 25
$-0.38
Q3 25
$-0.07
Q2 25
$0.18
$-0.33
Q1 25
$-0.36
Q4 24
$0.52
$-0.24
Q3 24
$0.00
$-0.28
Q2 24
$-0.17
$-0.34
Q1 24
$-0.42

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
IOVA
IOVA
Cash + ST InvestmentsLiquidity on hand
$297.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$559.3M
$698.6M
Total Assets
$624.0M
$913.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
IOVA
IOVA
Q4 25
$297.0M
Q3 25
$300.8M
Q2 25
$301.2M
Q1 25
$359.7M
Q4 24
$40.5M
$323.8M
Q3 24
$31.7M
$397.5M
Q2 24
$412.5M
Q1 24
$356.2M
Stockholders' Equity
HIVE
HIVE
IOVA
IOVA
Q4 25
$559.3M
$698.6M
Q3 25
$624.6M
$702.3M
Q2 25
$560.5M
$698.5M
Q1 25
$767.9M
Q4 24
$430.9M
$710.4M
Q3 24
$275.5M
$773.5M
Q2 24
$268.6M
$768.5M
Q1 24
$680.0M
Total Assets
HIVE
HIVE
IOVA
IOVA
Q4 25
$624.0M
$913.2M
Q3 25
$693.0M
$904.9M
Q2 25
$628.7M
$907.4M
Q1 25
$966.7M
Q4 24
$478.6M
$910.4M
Q3 24
$334.7M
$991.1M
Q2 24
$964.3M
Q1 24
$869.8M

Cash Flow & Capital Efficiency

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

Metric
HIVE
HIVE
IOVA
IOVA
Operating Cash FlowLast quarter
$46.0M
$-52.6M
Free Cash FlowOCF − Capex
$-61.9M
FCF MarginFCF / Revenue
-71.3%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-336.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
IOVA
IOVA
Q4 25
$46.0M
$-52.6M
Q3 25
$-10.6M
$-78.7M
Q2 25
$10.2M
$-67.4M
Q1 25
$-103.7M
Q4 24
$-28.5M
$-73.3M
Q3 24
$-2.2M
$-59.0M
Q2 24
$-4.4M
$-98.4M
Q1 24
$-122.3M
Free Cash Flow
HIVE
HIVE
IOVA
IOVA
Q4 25
$-61.9M
Q3 25
$-89.5M
Q2 25
$-74.9M
Q1 25
$-109.9M
Q4 24
$-55.5M
$-77.5M
Q3 24
$-34.7M
$-61.3M
Q2 24
$-98.9M
Q1 24
$-126.5M
FCF Margin
HIVE
HIVE
IOVA
IOVA
Q4 25
-71.3%
Q3 25
-132.7%
Q2 25
-124.9%
Q1 25
-222.8%
Q4 24
-189.9%
-105.1%
Q3 24
-153.4%
-104.6%
Q2 24
-317.9%
Q1 24
-17685.3%
Capex Intensity
HIVE
HIVE
IOVA
IOVA
Q4 25
10.7%
Q3 25
16.1%
Q2 25
12.4%
Q1 25
12.6%
Q4 24
92.5%
5.7%
Q3 24
143.9%
3.9%
Q2 24
1.4%
Q1 24
583.4%
Cash Conversion
HIVE
HIVE
IOVA
IOVA
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

HIVE
HIVE

Segment breakdown not available.

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

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