vs

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

Ramaco Resources, Inc. is the larger business by last-quarter revenue ($121.0M vs $93.1M, roughly 1.3× HIVE Digital Technologies Ltd.). Ramaco Resources, Inc. runs the higher net margin — -11.0% vs -98.1%, a 87.1% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -27.7%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs -22.7%).

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.

Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.

HIVE vs METC — Head-to-Head

Bigger by revenue
METC
METC
1.3× larger
METC
$121.0M
$93.1M
HIVE
Growing faster (revenue YoY)
HIVE
HIVE
+246.3% gap
HIVE
218.6%
-27.7%
METC
Higher net margin
METC
METC
87.1% more per $
METC
-11.0%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
-22.7%
METC

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
HIVE
HIVE
METC
METC
Revenue
$93.1M
$121.0M
Net Profit
$-91.3M
$-13.3M
Gross Margin
-27.1%
15.8%
Operating Margin
-12.0%
Net Margin
-98.1%
-11.0%
Revenue YoY
218.6%
-27.7%
Net Profit YoY
-234.0%
-5468.2%
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
METC
METC
Q4 25
$93.1M
Q3 25
$87.3M
$121.0M
Q2 25
$45.6M
$153.0M
Q1 25
$134.7M
Q4 24
$29.2M
$170.9M
Q3 24
$22.6M
$167.4M
Q2 24
$32.2M
$155.3M
Q1 24
$172.7M
Net Profit
HIVE
HIVE
METC
METC
Q4 25
$-91.3M
Q3 25
$-15.8M
$-13.3M
Q2 25
$35.0M
$-14.0M
Q1 25
$-9.5M
Q4 24
$68.2M
$3.9M
Q3 24
$80.0K
$-239.0K
Q2 24
$-18.3M
$5.5M
Q1 24
$2.0M
Gross Margin
HIVE
HIVE
METC
METC
Q4 25
-27.1%
Q3 25
4.7%
15.8%
Q2 25
-13.6%
12.3%
Q1 25
15.2%
Q4 24
-43.7%
20.4%
Q3 24
-66.1%
19.5%
Q2 24
-7.4%
21.0%
Q1 24
19.1%
Operating Margin
HIVE
HIVE
METC
METC
Q4 25
Q3 25
-12.0%
Q2 25
-9.1%
Q1 25
-8.9%
Q4 24
3.7%
Q3 24
1.0%
Q2 24
3.5%
Q1 24
1.9%
Net Margin
HIVE
HIVE
METC
METC
Q4 25
-98.1%
Q3 25
-18.1%
-11.0%
Q2 25
76.8%
-9.1%
Q1 25
-7.0%
Q4 24
233.2%
2.3%
Q3 24
0.4%
-0.1%
Q2 24
-56.7%
3.6%
Q1 24
1.2%
EPS (diluted)
HIVE
HIVE
METC
METC
Q4 25
$-0.38
Q3 25
$-0.07
Q2 25
$0.18
Q1 25
Q4 24
$0.52
$0.06
Q3 24
$0.00
$-0.03
Q2 24
$-0.17
$0.08
Q1 24
$0.00

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
METC
METC
Cash + ST InvestmentsLiquidity on hand
$193.8M
Total DebtLower is stronger
$116.3M
Stockholders' EquityBook value
$559.3M
$526.9M
Total Assets
$624.0M
$849.7M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
METC
METC
Q4 25
Q3 25
$193.8M
Q2 25
$28.1M
Q1 25
$43.5M
Q4 24
$40.5M
$33.0M
Q3 24
$31.7M
$22.9M
Q2 24
$27.6M
Q1 24
$30.5M
Total Debt
HIVE
HIVE
METC
METC
Q4 25
Q3 25
$116.3M
Q2 25
Q1 25
Q4 24
$88.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HIVE
HIVE
METC
METC
Q4 25
$559.3M
Q3 25
$624.6M
$526.9M
Q2 25
$560.5M
$347.4M
Q1 25
$355.2M
Q4 24
$430.9M
$362.8M
Q3 24
$275.5M
$361.8M
Q2 24
$268.6M
$366.1M
Q1 24
$372.3M
Total Assets
HIVE
HIVE
METC
METC
Q4 25
$624.0M
Q3 25
$693.0M
$849.7M
Q2 25
$628.7M
$674.6M
Q1 25
$685.7M
Q4 24
$478.6M
$674.7M
Q3 24
$334.7M
$645.4M
Q2 24
$659.2M
Q1 24
$674.0M
Debt / Equity
HIVE
HIVE
METC
METC
Q4 25
Q3 25
0.22×
Q2 25
Q1 25
Q4 24
0.24×
Q3 24
Q2 24
Q1 24

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
METC
METC
Operating Cash FlowLast quarter
$46.0M
$-1.4M
Free Cash FlowOCF − Capex
$-17.5M
FCF MarginFCF / Revenue
-14.5%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
METC
METC
Q4 25
$46.0M
Q3 25
$-10.6M
$-1.4M
Q2 25
$10.2M
$-4.3M
Q1 25
$26.0M
Q4 24
$-28.5M
$15.7M
Q3 24
$-2.2M
$37.4M
Q2 24
$-4.4M
$34.4M
Q1 24
$25.2M
Free Cash Flow
HIVE
HIVE
METC
METC
Q4 25
Q3 25
$-17.5M
Q2 25
$-19.8M
Q1 25
$7.6M
Q4 24
$-55.5M
$5.1M
Q3 24
$-34.7M
$25.6M
Q2 24
$20.3M
Q1 24
$6.5M
FCF Margin
HIVE
HIVE
METC
METC
Q4 25
Q3 25
-14.5%
Q2 25
-13.0%
Q1 25
5.6%
Q4 24
-189.9%
3.0%
Q3 24
-153.4%
15.3%
Q2 24
13.1%
Q1 24
3.7%
Capex Intensity
HIVE
HIVE
METC
METC
Q4 25
Q3 25
13.3%
Q2 25
10.2%
Q1 25
13.7%
Q4 24
92.5%
6.2%
Q3 24
143.9%
7.0%
Q2 24
9.1%
Q1 24
10.8%
Cash Conversion
HIVE
HIVE
METC
METC
Q4 25
Q3 25
Q2 25
0.29×
Q1 25
Q4 24
-0.42×
4.06×
Q3 24
-26.94×
Q2 24
6.21×
Q1 24
12.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HIVE
HIVE

Segment breakdown not available.

METC
METC

Export Coal Revenues$73.0M60%
Domestic Coal Revenues$48.0M40%

Related Comparisons