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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and OR Royalties Inc. (OR). 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 $46.7M, roughly 2.0× OR Royalties Inc.).

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.

OR Royalties Inc. is a Canadian company that holds royalties in gold, silver and diamond mines, principally in the form of net smelter returns and streams.Like its predecessor company, Osisko Mining, it is headquartered in Montreal, Quebec, with shares listed on the Toronto Stock Exchange and the New York Stock Exchange.

HIVE vs OR — Head-to-Head

Bigger by revenue
HIVE
HIVE
2.0× larger
HIVE
$93.1M
$46.7M
OR

Income Statement — Q3 FY2026 vs Q2 FY2022

Metric
HIVE
HIVE
OR
OR
Revenue
$93.1M
$46.7M
Net Profit
$-91.3M
Gross Margin
-27.1%
Operating Margin
Net Margin
-98.1%
Revenue YoY
218.6%
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
OR
OR
Q4 25
$93.1M
Q3 25
$87.3M
Q2 25
$45.6M
Q4 24
$29.2M
Q3 24
$22.6M
Q2 24
$32.2M
Q4 23
$22.8M
Q2 22
$46.7M
Net Profit
HIVE
HIVE
OR
OR
Q4 25
$-91.3M
Q3 25
$-15.8M
Q2 25
$35.0M
Q4 24
$68.2M
Q3 24
$80.0K
Q2 24
$-18.3M
Q4 23
$-24.5M
Q2 22
Gross Margin
HIVE
HIVE
OR
OR
Q4 25
-27.1%
Q3 25
4.7%
Q2 25
-13.6%
Q4 24
-43.7%
Q3 24
-66.1%
Q2 24
-7.4%
Q4 23
-52.3%
Q2 22
Net Margin
HIVE
HIVE
OR
OR
Q4 25
-98.1%
Q3 25
-18.1%
Q2 25
76.8%
Q4 24
233.2%
Q3 24
0.4%
Q2 24
-56.7%
Q4 23
-107.8%
Q2 22
EPS (diluted)
HIVE
HIVE
OR
OR
Q4 25
$-0.38
Q3 25
$-0.07
Q2 25
$0.18
Q4 24
$0.52
Q3 24
$0.00
Q2 24
$-0.17
Q4 23
$-0.29
Q2 22

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
OR
OR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$222.8M
Stockholders' EquityBook value
$559.3M
$1.3B
Total Assets
$624.0M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
OR
OR
Q4 25
Q3 25
Q2 25
Q4 24
$40.5M
Q3 24
$31.7M
Q2 24
Q4 23
$4.5M
Q2 22
Total Debt
HIVE
HIVE
OR
OR
Q4 25
Q3 25
Q2 25
Q4 24
Q3 24
Q2 24
Q4 23
Q2 22
$222.8M
Stockholders' Equity
HIVE
HIVE
OR
OR
Q4 25
$559.3M
Q3 25
$624.6M
Q2 25
$560.5M
Q4 24
$430.9M
Q3 24
$275.5M
Q2 24
$268.6M
Q4 23
$122.9M
Q2 22
$1.3B
Total Assets
HIVE
HIVE
OR
OR
Q4 25
$624.0M
Q3 25
$693.0M
Q2 25
$628.7M
Q4 24
$478.6M
Q3 24
$334.7M
Q2 24
Q4 23
Q2 22
Debt / Equity
HIVE
HIVE
OR
OR
Q4 25
Q3 25
Q2 25
Q4 24
Q3 24
Q2 24
Q4 23
Q2 22
0.17×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
OR
OR
Q4 25
$46.0M
Q3 25
$-10.6M
Q2 25
$10.2M
Q4 24
$-28.5M
Q3 24
$-2.2M
Q2 24
$-4.4M
Q4 23
Q2 22
Free Cash Flow
HIVE
HIVE
OR
OR
Q4 25
Q3 25
Q2 25
Q4 24
$-55.5M
Q3 24
$-34.7M
Q2 24
Q4 23
Q2 22
FCF Margin
HIVE
HIVE
OR
OR
Q4 25
Q3 25
Q2 25
Q4 24
-189.9%
Q3 24
-153.4%
Q2 24
Q4 23
Q2 22
Capex Intensity
HIVE
HIVE
OR
OR
Q4 25
Q3 25
Q2 25
Q4 24
92.5%
Q3 24
143.9%
Q2 24
Q4 23
Q2 22
Cash Conversion
HIVE
HIVE
OR
OR
Q4 25
Q3 25
Q2 25
0.29×
Q4 24
-0.42×
Q3 24
-26.94×
Q2 24
Q4 23
Q2 22

Financial Flow Comparison

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

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