vs

Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and IMPINJ INC (PI). 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 $74.3M, roughly 1.3× IMPINJ INC). IMPINJ INC runs the higher net margin — 11.2% vs -98.1%, a 109.3% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -0.0%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs -14.9%).

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.

Impinj, Inc. is an American manufacturer of radio-frequency identification (RFID) devices and software. The company was founded in 2000 and is headquartered in Seattle, Washington. The company was started based on the research done at the California Institute of Technology by Carver Mead and Chris Diorio. Impinj currently produces EPC Class 1, Gen 2 passive UHF RFID chips, RFID readers, RFID reader chips, and RFID antennas, and software applications for encoding chips, and gathering business ...

HIVE vs PI — Head-to-Head

Bigger by revenue
HIVE
HIVE
1.3× larger
HIVE
$93.1M
$74.3M
PI
Growing faster (revenue YoY)
HIVE
HIVE
+218.6% gap
HIVE
218.6%
-0.0%
PI
Higher net margin
PI
PI
109.3% more per $
PI
11.2%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
-14.9%
PI

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
HIVE
HIVE
PI
PI
Revenue
$93.1M
$74.3M
Net Profit
$-91.3M
$8.3M
Gross Margin
-27.1%
49.1%
Operating Margin
30.5%
Net Margin
-98.1%
11.2%
Revenue YoY
218.6%
-0.0%
Net Profit YoY
-234.0%
EPS (diluted)
$-0.38
$0.14

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
PI
PI
Q1 26
$74.3M
Q4 25
$93.1M
$92.8M
Q3 25
$87.3M
$96.1M
Q2 25
$45.6M
$97.9M
Q1 25
$74.3M
Q4 24
$29.2M
$91.6M
Q3 24
$22.6M
$95.2M
Q2 24
$32.2M
$102.5M
Net Profit
HIVE
HIVE
PI
PI
Q1 26
$8.3M
Q4 25
$-91.3M
$-1.1M
Q3 25
$-15.8M
$-12.8M
Q2 25
$35.0M
$11.6M
Q1 25
$-8.5M
Q4 24
$68.2M
$-2.7M
Q3 24
$80.0K
$221.0K
Q2 24
$-18.3M
$10.0M
Gross Margin
HIVE
HIVE
PI
PI
Q1 26
49.1%
Q4 25
-27.1%
51.8%
Q3 25
4.7%
50.3%
Q2 25
-13.6%
57.8%
Q1 25
49.4%
Q4 24
-43.7%
50.5%
Q3 24
-66.1%
50.0%
Q2 24
-7.4%
56.1%
Operating Margin
HIVE
HIVE
PI
PI
Q1 26
30.5%
Q4 25
-2.9%
Q3 25
0.7%
Q2 25
11.1%
Q1 25
-12.9%
Q4 24
-3.9%
Q3 24
-0.8%
Q2 24
8.8%
Net Margin
HIVE
HIVE
PI
PI
Q1 26
11.2%
Q4 25
-98.1%
-1.2%
Q3 25
-18.1%
-13.3%
Q2 25
76.8%
11.8%
Q1 25
-11.4%
Q4 24
233.2%
-2.9%
Q3 24
0.4%
0.2%
Q2 24
-56.7%
9.7%
EPS (diluted)
HIVE
HIVE
PI
PI
Q1 26
$0.14
Q4 25
$-0.38
$-0.02
Q3 25
$-0.07
$-0.44
Q2 25
$0.18
$0.39
Q1 25
$-0.30
Q4 24
$0.52
$-0.06
Q3 24
$0.00
$0.01
Q2 24
$-0.17
$0.34

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
PI
PI
Cash + ST InvestmentsLiquidity on hand
$131.8M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$559.3M
Total Assets
$624.0M
$502.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
PI
PI
Q1 26
$131.8M
Q4 25
$175.3M
Q3 25
$190.1M
Q2 25
$193.2M
Q1 25
$147.9M
Q4 24
$40.5M
$164.7M
Q3 24
$31.7M
$170.3M
Q2 24
$220.2M
Total Debt
HIVE
HIVE
PI
PI
Q1 26
$241.5M
Q4 25
$280.9M
Q3 25
$280.4M
Q2 25
Q1 25
Q4 24
$283.5M
Q3 24
Q2 24
Stockholders' Equity
HIVE
HIVE
PI
PI
Q1 26
Q4 25
$559.3M
$209.2M
Q3 25
$624.6M
$195.0M
Q2 25
$560.5M
$187.7M
Q1 25
$160.6M
Q4 24
$430.9M
$149.9M
Q3 24
$275.5M
$136.1M
Q2 24
$268.6M
$117.0M
Total Assets
HIVE
HIVE
PI
PI
Q1 26
$502.5M
Q4 25
$624.0M
$545.2M
Q3 25
$693.0M
$516.5M
Q2 25
$628.7M
$508.8M
Q1 25
$479.8M
Q4 24
$478.6M
$489.1M
Q3 24
$334.7M
$476.4M
Q2 24
$446.1M
Debt / Equity
HIVE
HIVE
PI
PI
Q1 26
Q4 25
1.34×
Q3 25
1.44×
Q2 25
Q1 25
Q4 24
1.89×
Q3 24
Q2 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
PI
PI
Operating Cash FlowLast quarter
$46.0M
Free Cash FlowOCF − Capex
$2.2M
FCF MarginFCF / Revenue
3.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
PI
PI
Q1 26
Q4 25
$46.0M
$15.1M
Q3 25
$-10.6M
$20.9M
Q2 25
$10.2M
$33.9M
Q1 25
$-11.1M
Q4 24
$-28.5M
$12.6M
Q3 24
$-2.2M
$10.1M
Q2 24
$-4.4M
$45.5M
Free Cash Flow
HIVE
HIVE
PI
PI
Q1 26
$2.2M
Q4 25
$13.6M
Q3 25
$18.0M
Q2 25
$27.3M
Q1 25
$-13.0M
Q4 24
$-55.5M
$8.5M
Q3 24
$-34.7M
$4.7M
Q2 24
$44.1M
FCF Margin
HIVE
HIVE
PI
PI
Q1 26
3.0%
Q4 25
14.7%
Q3 25
18.7%
Q2 25
27.9%
Q1 25
-17.5%
Q4 24
-189.9%
9.3%
Q3 24
-153.4%
4.9%
Q2 24
43.0%
Capex Intensity
HIVE
HIVE
PI
PI
Q1 26
Q4 25
1.6%
Q3 25
3.1%
Q2 25
6.7%
Q1 25
2.5%
Q4 24
92.5%
4.5%
Q3 24
143.9%
5.7%
Q2 24
1.3%
Cash Conversion
HIVE
HIVE
PI
PI
Q1 26
Q4 25
Q3 25
Q2 25
0.29×
2.93×
Q1 25
Q4 24
-0.42×
Q3 24
-26.94×
45.56×
Q2 24
4.56×

Financial Flow Comparison

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

Related Comparisons