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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.

UNIVERSAL DISPLAY CORP \PA\ is the larger business by last-quarter revenue ($142.2M vs $93.1M, roughly 1.5× HIVE Digital Technologies Ltd.). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs -98.1%, a 123.3% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -14.5%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs -5.3%).

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.

Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.

HIVE vs OLED — Head-to-Head

Bigger by revenue
OLED
OLED
1.5× larger
OLED
$142.2M
$93.1M
HIVE
Growing faster (revenue YoY)
HIVE
HIVE
+233.0% gap
HIVE
218.6%
-14.5%
OLED
Higher net margin
OLED
OLED
123.3% more per $
OLED
25.2%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
-5.3%
OLED

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
HIVE
HIVE
OLED
OLED
Revenue
$93.1M
$142.2M
Net Profit
$-91.3M
$35.9M
Gross Margin
-27.1%
74.6%
Operating Margin
30.1%
Net Margin
-98.1%
25.2%
Revenue YoY
218.6%
-14.5%
Net Profit YoY
-234.0%
-44.3%
EPS (diluted)
$-0.38
$0.76

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
OLED
OLED
Q1 26
$142.2M
Q4 25
$93.1M
$172.9M
Q3 25
$87.3M
$139.6M
Q2 25
$45.6M
$171.8M
Q1 25
$166.3M
Q4 24
$29.2M
$162.3M
Q3 24
$22.6M
$161.6M
Q2 24
$32.2M
$158.5M
Net Profit
HIVE
HIVE
OLED
OLED
Q1 26
$35.9M
Q4 25
$-91.3M
$66.3M
Q3 25
$-15.8M
$44.0M
Q2 25
$35.0M
$67.3M
Q1 25
$64.4M
Q4 24
$68.2M
$46.0M
Q3 24
$80.0K
$66.9M
Q2 24
$-18.3M
$52.3M
Gross Margin
HIVE
HIVE
OLED
OLED
Q1 26
74.6%
Q4 25
-27.1%
76.1%
Q3 25
4.7%
74.6%
Q2 25
-13.6%
77.2%
Q1 25
77.1%
Q4 24
-43.7%
77.0%
Q3 24
-66.1%
77.8%
Q2 24
-7.4%
75.8%
Operating Margin
HIVE
HIVE
OLED
OLED
Q1 26
30.1%
Q4 25
38.9%
Q3 25
30.9%
Q2 25
39.9%
Q1 25
41.9%
Q4 24
32.3%
Q3 24
41.5%
Q2 24
35.6%
Net Margin
HIVE
HIVE
OLED
OLED
Q1 26
25.2%
Q4 25
-98.1%
38.4%
Q3 25
-18.1%
31.5%
Q2 25
76.8%
39.2%
Q1 25
38.8%
Q4 24
233.2%
28.4%
Q3 24
0.4%
41.4%
Q2 24
-56.7%
33.0%
EPS (diluted)
HIVE
HIVE
OLED
OLED
Q1 26
$0.76
Q4 25
$-0.38
$1.40
Q3 25
$-0.07
$0.92
Q2 25
$0.18
$1.41
Q1 25
$1.35
Q4 24
$0.52
$0.96
Q3 24
$0.00
$1.40
Q2 24
$-0.17
$1.10

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
OLED
OLED
Cash + ST InvestmentsLiquidity on hand
$516.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$559.3M
Total Assets
$624.0M
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
OLED
OLED
Q1 26
$516.4M
Q4 25
$602.4M
Q3 25
$603.0M
Q2 25
$525.2M
Q1 25
$571.3M
Q4 24
$40.5M
$492.7M
Q3 24
$31.7M
$551.6M
Q2 24
$530.5M
Stockholders' Equity
HIVE
HIVE
OLED
OLED
Q1 26
Q4 25
$559.3M
$1.8B
Q3 25
$624.6M
$1.7B
Q2 25
$560.5M
$1.7B
Q1 25
$1.7B
Q4 24
$430.9M
$1.6B
Q3 24
$275.5M
$1.6B
Q2 24
$268.6M
$1.5B
Total Assets
HIVE
HIVE
OLED
OLED
Q1 26
$1.9B
Q4 25
$624.0M
$2.0B
Q3 25
$693.0M
$1.9B
Q2 25
$628.7M
$1.9B
Q1 25
$1.9B
Q4 24
$478.6M
$1.8B
Q3 24
$334.7M
$1.8B
Q2 24
$1.8B

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
OLED
OLED
Operating Cash FlowLast quarter
$46.0M
$108.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
OLED
OLED
Q1 26
$108.9M
Q4 25
$46.0M
$31.1M
Q3 25
$-10.6M
$97.2M
Q2 25
$10.2M
$51.9M
Q1 25
$30.6M
Q4 24
$-28.5M
$34.7M
Q3 24
$-2.2M
$79.9M
Q2 24
$-4.4M
$67.0M
Free Cash Flow
HIVE
HIVE
OLED
OLED
Q1 26
Q4 25
$15.1M
Q3 25
$84.3M
Q2 25
$37.5M
Q1 25
$17.5M
Q4 24
$-55.5M
$22.0M
Q3 24
$-34.7M
$66.2M
Q2 24
$57.9M
FCF Margin
HIVE
HIVE
OLED
OLED
Q1 26
Q4 25
8.7%
Q3 25
60.4%
Q2 25
21.8%
Q1 25
10.5%
Q4 24
-189.9%
13.6%
Q3 24
-153.4%
41.0%
Q2 24
36.5%
Capex Intensity
HIVE
HIVE
OLED
OLED
Q1 26
Q4 25
9.3%
Q3 25
9.2%
Q2 25
8.4%
Q1 25
7.9%
Q4 24
92.5%
7.8%
Q3 24
143.9%
8.4%
Q2 24
5.8%
Cash Conversion
HIVE
HIVE
OLED
OLED
Q1 26
3.03×
Q4 25
0.47×
Q3 25
2.21×
Q2 25
0.29×
0.77×
Q1 25
0.47×
Q4 24
-0.42×
0.75×
Q3 24
-26.94×
1.19×
Q2 24
1.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HIVE
HIVE

Segment breakdown not available.

OLED
OLED

Material sales$83.7M59%
Royalty and license fees$54.2M38%
Contract research services$4.3M3%

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