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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and TOYO Co., Ltd (TOYO). Click either name above to swap in a different company.

TOYO Co., Ltd is the larger business by last-quarter revenue ($139.1M vs $93.1M, roughly 1.5× HIVE Digital Technologies Ltd.). TOYO Co., Ltd runs the higher net margin — 2.5% vs -98.1%, a 100.6% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs 0.7%).

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.

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

HIVE vs TOYO — Head-to-Head

Bigger by revenue
TOYO
TOYO
1.5× larger
TOYO
$139.1M
$93.1M
HIVE
Growing faster (revenue YoY)
HIVE
HIVE
+217.8% gap
HIVE
218.6%
0.7%
TOYO
Higher net margin
TOYO
TOYO
100.6% more per $
TOYO
2.5%
-98.1%
HIVE

Income Statement — Q3 FY2026 vs Q2 FY2025

Metric
HIVE
HIVE
TOYO
TOYO
Revenue
$93.1M
$139.1M
Net Profit
$-91.3M
$3.5M
Gross Margin
-27.1%
16.6%
Operating Margin
7.0%
Net Margin
-98.1%
2.5%
Revenue YoY
218.6%
0.7%
Net Profit YoY
-234.0%
-82.3%
EPS (diluted)
$-0.38
$0.10

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
TOYO
TOYO
Q4 25
$93.1M
Q3 25
$87.3M
Q2 25
$45.6M
$139.1M
Q4 24
$29.2M
Q3 24
$22.6M
Q2 24
$32.2M
$138.1M
Q4 23
$22.8M
Net Profit
HIVE
HIVE
TOYO
TOYO
Q4 25
$-91.3M
Q3 25
$-15.8M
Q2 25
$35.0M
$3.5M
Q4 24
$68.2M
Q3 24
$80.0K
Q2 24
$-18.3M
$19.6M
Q4 23
$-24.5M
Gross Margin
HIVE
HIVE
TOYO
TOYO
Q4 25
-27.1%
Q3 25
4.7%
Q2 25
-13.6%
16.6%
Q4 24
-43.7%
Q3 24
-66.1%
Q2 24
-7.4%
19.3%
Q4 23
-52.3%
Operating Margin
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
7.0%
Q4 24
Q3 24
Q2 24
16.3%
Q4 23
Net Margin
HIVE
HIVE
TOYO
TOYO
Q4 25
-98.1%
Q3 25
-18.1%
Q2 25
76.8%
2.5%
Q4 24
233.2%
Q3 24
0.4%
Q2 24
-56.7%
14.2%
Q4 23
-107.8%
EPS (diluted)
HIVE
HIVE
TOYO
TOYO
Q4 25
$-0.38
Q3 25
$-0.07
Q2 25
$0.18
$0.10
Q4 24
$0.52
Q3 24
$0.00
Q2 24
$-0.17
$0.48
Q4 23
$-0.29

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
TOYO
TOYO
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$13.7M
Stockholders' EquityBook value
$559.3M
$67.0M
Total Assets
$624.0M
$353.6M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
Q4 24
$40.5M
Q3 24
$31.7M
Q2 24
Q4 23
$4.5M
Total Debt
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
$13.7M
Q4 24
Q3 24
Q2 24
$22.4M
Q4 23
Stockholders' Equity
HIVE
HIVE
TOYO
TOYO
Q4 25
$559.3M
Q3 25
$624.6M
Q2 25
$560.5M
$67.0M
Q4 24
$430.9M
Q3 24
$275.5M
Q2 24
$268.6M
$73.4M
Q4 23
$122.9M
Total Assets
HIVE
HIVE
TOYO
TOYO
Q4 25
$624.0M
Q3 25
$693.0M
Q2 25
$628.7M
$353.6M
Q4 24
$478.6M
Q3 24
$334.7M
Q2 24
$241.4M
Q4 23
Debt / Equity
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
0.20×
Q4 24
Q3 24
Q2 24
0.31×
Q4 23

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
TOYO
TOYO
Operating Cash FlowLast quarter
$46.0M
$40.0M
Free Cash FlowOCF − Capex
$-7.1M
FCF MarginFCF / Revenue
-5.1%
Capex IntensityCapex / Revenue
33.9%
Cash ConversionOCF / Net Profit
11.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
TOYO
TOYO
Q4 25
$46.0M
Q3 25
$-10.6M
Q2 25
$10.2M
$40.0M
Q4 24
$-28.5M
Q3 24
$-2.2M
Q2 24
$-4.4M
$21.8M
Q4 23
Free Cash Flow
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
$-7.1M
Q4 24
$-55.5M
Q3 24
$-34.7M
Q2 24
$5.2M
Q4 23
FCF Margin
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
-5.1%
Q4 24
-189.9%
Q3 24
-153.4%
Q2 24
3.8%
Q4 23
Capex Intensity
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
33.9%
Q4 24
92.5%
Q3 24
143.9%
Q2 24
12.0%
Q4 23
Cash Conversion
HIVE
HIVE
TOYO
TOYO
Q4 25
Q3 25
Q2 25
0.29×
11.55×
Q4 24
-0.42×
Q3 24
-26.94×
Q2 24
1.11×
Q4 23

Financial Flow Comparison

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

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