vs

Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.

SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $93.1M, roughly 1.3× HIVE Digital Technologies Ltd.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -98.1%, a 99.6% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -3.9%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs -4.8%).

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.

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

HIVE vs SWBI — Head-to-Head

Bigger by revenue
SWBI
SWBI
1.3× larger
SWBI
$124.7M
$93.1M
HIVE
Growing faster (revenue YoY)
HIVE
HIVE
+222.4% gap
HIVE
218.6%
-3.9%
SWBI
Higher net margin
SWBI
SWBI
99.6% more per $
SWBI
1.5%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
-4.8%
SWBI

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
HIVE
HIVE
SWBI
SWBI
Revenue
$93.1M
$124.7M
Net Profit
$-91.3M
$1.9M
Gross Margin
-27.1%
24.3%
Operating Margin
3.3%
Net Margin
-98.1%
1.5%
Revenue YoY
218.6%
-3.9%
Net Profit YoY
-234.0%
-53.6%
EPS (diluted)
$-0.38
$0.04

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
SWBI
SWBI
Q4 25
$93.1M
$124.7M
Q3 25
$87.3M
$85.1M
Q2 25
$45.6M
$140.8M
Q1 25
$115.9M
Q4 24
$29.2M
$129.7M
Q3 24
$22.6M
$88.3M
Q2 24
$32.2M
$159.1M
Q1 24
$137.5M
Net Profit
HIVE
HIVE
SWBI
SWBI
Q4 25
$-91.3M
$1.9M
Q3 25
$-15.8M
$-3.4M
Q2 25
$35.0M
$8.6M
Q1 25
$2.1M
Q4 24
$68.2M
$4.5M
Q3 24
$80.0K
$-1.9M
Q2 24
$-18.3M
$27.9M
Q1 24
$7.9M
Gross Margin
HIVE
HIVE
SWBI
SWBI
Q4 25
-27.1%
24.3%
Q3 25
4.7%
25.9%
Q2 25
-13.6%
28.8%
Q1 25
24.1%
Q4 24
-43.7%
26.6%
Q3 24
-66.1%
27.4%
Q2 24
-7.4%
35.5%
Q1 24
28.7%
Operating Margin
HIVE
HIVE
SWBI
SWBI
Q4 25
3.3%
Q3 25
-3.5%
Q2 25
9.3%
Q1 25
4.1%
Q4 24
5.8%
Q3 24
-1.7%
Q2 24
17.4%
Q1 24
8.2%
Net Margin
HIVE
HIVE
SWBI
SWBI
Q4 25
-98.1%
1.5%
Q3 25
-18.1%
-4.0%
Q2 25
76.8%
6.1%
Q1 25
1.8%
Q4 24
233.2%
3.5%
Q3 24
0.4%
-2.1%
Q2 24
-56.7%
17.5%
Q1 24
5.7%
EPS (diluted)
HIVE
HIVE
SWBI
SWBI
Q4 25
$-0.38
$0.04
Q3 25
$-0.07
$-0.08
Q2 25
$0.18
$0.19
Q1 25
$0.05
Q4 24
$0.52
$0.10
Q3 24
$0.00
$-0.04
Q2 24
$-0.17
$0.60
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
SWBI
SWBI
Cash + ST InvestmentsLiquidity on hand
$22.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$559.3M
$363.2M
Total Assets
$624.0M
$548.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
SWBI
SWBI
Q4 25
$22.4M
Q3 25
$18.0M
Q2 25
$25.2M
Q1 25
$26.7M
Q4 24
$40.5M
$39.1M
Q3 24
$31.7M
$35.5M
Q2 24
$60.8M
Q1 24
$47.4M
Stockholders' Equity
HIVE
HIVE
SWBI
SWBI
Q4 25
$559.3M
$363.2M
Q3 25
$624.6M
$364.4M
Q2 25
$560.5M
$372.5M
Q1 25
$366.9M
Q4 24
$430.9M
$371.5M
Q3 24
$275.5M
$380.0M
Q2 24
$268.6M
$399.9M
Q1 24
$376.4M
Total Assets
HIVE
HIVE
SWBI
SWBI
Q4 25
$624.0M
$548.6M
Q3 25
$693.0M
$554.6M
Q2 25
$628.7M
$559.6M
Q1 25
$578.9M
Q4 24
$478.6M
$587.4M
Q3 24
$334.7M
$571.3M
Q2 24
$577.4M
Q1 24
$570.6M

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
SWBI
SWBI
Operating Cash FlowLast quarter
$46.0M
$27.3M
Free Cash FlowOCF − Capex
$16.3M
FCF MarginFCF / Revenue
13.1%
Capex IntensityCapex / Revenue
8.8%
Cash ConversionOCF / Net Profit
14.22×
TTM Free Cash FlowTrailing 4 quarters
$21.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
SWBI
SWBI
Q4 25
$46.0M
$27.3M
Q3 25
$-10.6M
$-8.1M
Q2 25
$10.2M
$40.8M
Q1 25
$-9.8M
Q4 24
$-28.5M
$-7.4M
Q3 24
$-2.2M
$-30.8M
Q2 24
$-4.4M
$43.7M
Q1 24
$25.2M
Free Cash Flow
HIVE
HIVE
SWBI
SWBI
Q4 25
$16.3M
Q3 25
$-12.4M
Q2 25
$33.5M
Q1 25
$-16.1M
Q4 24
$-55.5M
$-10.7M
Q3 24
$-34.7M
$-35.5M
Q2 24
$38.2M
Q1 24
$7.0M
FCF Margin
HIVE
HIVE
SWBI
SWBI
Q4 25
13.1%
Q3 25
-14.6%
Q2 25
23.8%
Q1 25
-13.9%
Q4 24
-189.9%
-8.3%
Q3 24
-153.4%
-40.2%
Q2 24
24.0%
Q1 24
5.1%
Capex Intensity
HIVE
HIVE
SWBI
SWBI
Q4 25
8.8%
Q3 25
5.0%
Q2 25
5.2%
Q1 25
5.4%
Q4 24
92.5%
2.5%
Q3 24
143.9%
5.3%
Q2 24
3.5%
Q1 24
13.2%
Cash Conversion
HIVE
HIVE
SWBI
SWBI
Q4 25
14.22×
Q3 25
Q2 25
0.29×
4.73×
Q1 25
-4.68×
Q4 24
-0.42×
-1.63×
Q3 24
-26.94×
Q2 24
1.57×
Q1 24
3.20×

Financial Flow Comparison

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

Related Comparisons