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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and SOUNDHOUND AI, INC. (SOUN). 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 $55.1M, roughly 1.7× SOUNDHOUND AI, INC.). SOUNDHOUND AI, INC. runs the higher net margin — 72.8% vs -98.1%, a 170.8% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs 59.4%). Over the past eight quarters, SOUNDHOUND AI, INC.'s revenue compounded faster (117.9% 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.

SoundHound AI, Inc. is an American music and speech recognition company based in Santa Clara, California. It was originally founded as Melodis in 2005 before rebranding to SoundHound Inc. in 2010, and SoundHound AI in 2022.

HIVE vs SOUN — Head-to-Head

Bigger by revenue
HIVE
HIVE
1.7× larger
HIVE
$93.1M
$55.1M
SOUN
Growing faster (revenue YoY)
HIVE
HIVE
+159.2% gap
HIVE
218.6%
59.4%
SOUN
Higher net margin
SOUN
SOUN
170.8% more per $
SOUN
72.8%
-98.1%
HIVE
Faster 2-yr revenue CAGR
SOUN
SOUN
Annualised
SOUN
117.9%
102.2%
HIVE

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
HIVE
HIVE
SOUN
SOUN
Revenue
$93.1M
$55.1M
Net Profit
$-91.3M
$40.1M
Gross Margin
-27.1%
47.9%
Operating Margin
77.3%
Net Margin
-98.1%
72.8%
Revenue YoY
218.6%
59.4%
Net Profit YoY
-234.0%
115.5%
EPS (diluted)
$-0.38
$-0.13

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
SOUN
SOUN
Q4 25
$93.1M
$55.1M
Q3 25
$87.3M
$42.0M
Q2 25
$45.6M
$42.7M
Q1 25
$29.1M
Q4 24
$29.2M
$34.5M
Q3 24
$22.6M
$25.1M
Q2 24
$32.2M
$13.5M
Q1 24
$11.6M
Net Profit
HIVE
HIVE
SOUN
SOUN
Q4 25
$-91.3M
$40.1M
Q3 25
$-15.8M
$-109.3M
Q2 25
$35.0M
$-74.7M
Q1 25
$129.9M
Q4 24
$68.2M
$-258.6M
Q3 24
$80.0K
$-21.8M
Q2 24
$-18.3M
$-37.3M
Q1 24
$-33.0M
Gross Margin
HIVE
HIVE
SOUN
SOUN
Q4 25
-27.1%
47.9%
Q3 25
4.7%
42.6%
Q2 25
-13.6%
39.0%
Q1 25
36.5%
Q4 24
-43.7%
39.9%
Q3 24
-66.1%
48.6%
Q2 24
-7.4%
63.0%
Q1 24
59.7%
Operating Margin
HIVE
HIVE
SOUN
SOUN
Q4 25
77.3%
Q3 25
-275.6%
Q2 25
-182.9%
Q1 25
Q4 24
-744.2%
Q3 24
-134.6%
Q2 24
-163.3%
Q1 24
-246.1%
Net Margin
HIVE
HIVE
SOUN
SOUN
Q4 25
-98.1%
72.8%
Q3 25
-18.1%
-259.9%
Q2 25
76.8%
-175.1%
Q1 25
446.1%
Q4 24
233.2%
-748.6%
Q3 24
0.4%
-86.7%
Q2 24
-56.7%
-277.2%
Q1 24
-284.7%
EPS (diluted)
HIVE
HIVE
SOUN
SOUN
Q4 25
$-0.38
$-0.13
Q3 25
$-0.07
$-0.27
Q2 25
$0.18
$-0.19
Q1 25
$0.31
Q4 24
$0.52
$-0.75
Q3 24
$0.00
$-0.06
Q2 24
$-0.17
$-0.11
Q1 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
SOUN
SOUN
Cash + ST InvestmentsLiquidity on hand
$248.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$559.3M
$463.8M
Total Assets
$624.0M
$688.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
SOUN
SOUN
Q4 25
$248.5M
Q3 25
$268.9M
Q2 25
$230.3M
Q1 25
$245.8M
Q4 24
$40.5M
$198.2M
Q3 24
$31.7M
$135.6M
Q2 24
$200.2M
Q1 24
$211.7M
Total Debt
HIVE
HIVE
SOUN
SOUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
$85.5M
Stockholders' Equity
HIVE
HIVE
SOUN
SOUN
Q4 25
$559.3M
$463.8M
Q3 25
$624.6M
$399.2M
Q2 25
$560.5M
$359.8M
Q1 25
$397.0M
Q4 24
$430.9M
$182.7M
Q3 24
$275.5M
$296.0M
Q2 24
$268.6M
$223.9M
Q1 24
$155.5M
Total Assets
HIVE
HIVE
SOUN
SOUN
Q4 25
$624.0M
$688.2M
Q3 25
$693.0M
$702.2M
Q2 25
$628.7M
$579.5M
Q1 25
$587.5M
Q4 24
$478.6M
$554.0M
Q3 24
$334.7M
$499.7M
Q2 24
$266.7M
Q1 24
$287.4M
Debt / Equity
HIVE
HIVE
SOUN
SOUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24
Q1 24
0.55×

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
SOUN
SOUN
Operating Cash FlowLast quarter
$46.0M
$-21.9M
Free Cash FlowOCF − Capex
$-22.3M
FCF MarginFCF / Revenue
-40.4%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters
$-99.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
SOUN
SOUN
Q4 25
$46.0M
$-21.9M
Q3 25
$-10.6M
$-32.7M
Q2 25
$10.2M
$-24.5M
Q1 25
$-19.2M
Q4 24
$-28.5M
$-33.1M
Q3 24
$-2.2M
$-35.3M
Q2 24
$-4.4M
$-18.5M
Q1 24
$-21.9M
Free Cash Flow
HIVE
HIVE
SOUN
SOUN
Q4 25
$-22.3M
Q3 25
$-32.8M
Q2 25
$-24.7M
Q1 25
$-19.3M
Q4 24
$-55.5M
$-33.2M
Q3 24
$-34.7M
$-35.5M
Q2 24
$-18.7M
Q1 24
$-22.0M
FCF Margin
HIVE
HIVE
SOUN
SOUN
Q4 25
-40.4%
Q3 25
-78.1%
Q2 25
-57.8%
Q1 25
-66.4%
Q4 24
-189.9%
-96.1%
Q3 24
-153.4%
-141.6%
Q2 24
-139.1%
Q1 24
-190.2%
Capex Intensity
HIVE
HIVE
SOUN
SOUN
Q4 25
0.7%
Q3 25
0.4%
Q2 25
0.4%
Q1 25
0.6%
Q4 24
92.5%
0.2%
Q3 24
143.9%
0.9%
Q2 24
1.8%
Q1 24
0.9%
Cash Conversion
HIVE
HIVE
SOUN
SOUN
Q4 25
-0.55×
Q3 25
Q2 25
0.29×
Q1 25
-0.15×
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.

SOUN
SOUN

Hosted Services$37.7M68%
Licensing$12.6M23%
Professional Service$4.6M8%

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