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

VICOR CORP is the larger business by last-quarter revenue ($113.0M vs $93.1M, roughly 1.2× HIVE Digital Technologies Ltd.). VICOR CORP runs the higher net margin — 18.3% vs -98.1%, a 116.4% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs 20.2%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs 14.7%).

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.

Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.

HIVE vs VICR — Head-to-Head

Bigger by revenue
VICR
VICR
1.2× larger
VICR
$113.0M
$93.1M
HIVE
Growing faster (revenue YoY)
HIVE
HIVE
+198.3% gap
HIVE
218.6%
20.2%
VICR
Higher net margin
VICR
VICR
116.4% more per $
VICR
18.3%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
14.7%
VICR

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
HIVE
HIVE
VICR
VICR
Revenue
$93.1M
$113.0M
Net Profit
$-91.3M
$20.7M
Gross Margin
-27.1%
Operating Margin
59.7%
Net Margin
-98.1%
18.3%
Revenue YoY
218.6%
20.2%
Net Profit YoY
-234.0%
713.9%
EPS (diluted)
$-0.38
$0.44

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
VICR
VICR
Q1 26
$113.0M
Q4 25
$93.1M
$107.3M
Q3 25
$87.3M
$110.4M
Q2 25
$45.6M
$96.0M
Q1 25
$94.0M
Q4 24
$29.2M
$96.2M
Q3 24
$22.6M
$93.2M
Q2 24
$32.2M
$85.9M
Net Profit
HIVE
HIVE
VICR
VICR
Q1 26
$20.7M
Q4 25
$-91.3M
$46.5M
Q3 25
$-15.8M
$28.3M
Q2 25
$35.0M
$41.2M
Q1 25
$2.5M
Q4 24
$68.2M
$10.2M
Q3 24
$80.0K
$11.6M
Q2 24
$-18.3M
$-1.2M
Gross Margin
HIVE
HIVE
VICR
VICR
Q1 26
Q4 25
-27.1%
55.4%
Q3 25
4.7%
57.5%
Q2 25
-13.6%
95.9%
Q1 25
47.2%
Q4 24
-43.7%
52.4%
Q3 24
-66.1%
49.1%
Q2 24
-7.4%
49.8%
Operating Margin
HIVE
HIVE
VICR
VICR
Q1 26
59.7%
Q4 25
14.6%
Q3 25
18.9%
Q2 25
47.3%
Q1 25
-0.2%
Q4 24
9.6%
Q3 24
5.8%
Q2 24
0.2%
Net Margin
HIVE
HIVE
VICR
VICR
Q1 26
18.3%
Q4 25
-98.1%
43.4%
Q3 25
-18.1%
25.6%
Q2 25
76.8%
42.9%
Q1 25
2.7%
Q4 24
233.2%
10.7%
Q3 24
0.4%
12.4%
Q2 24
-56.7%
-1.4%
EPS (diluted)
HIVE
HIVE
VICR
VICR
Q1 26
$0.44
Q4 25
$-0.38
$1.01
Q3 25
$-0.07
$0.63
Q2 25
$0.18
$0.91
Q1 25
$0.06
Q4 24
$0.52
$0.24
Q3 24
$0.00
$0.26
Q2 24
$-0.17
$-0.03

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$404.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$559.3M
$754.1M
Total Assets
$624.0M
$804.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
VICR
VICR
Q1 26
$404.2M
Q4 25
$402.8M
Q3 25
$362.4M
Q2 25
$338.5M
Q1 25
$296.1M
Q4 24
$40.5M
$277.3M
Q3 24
$31.7M
$267.6M
Q2 24
$251.9M
Stockholders' Equity
HIVE
HIVE
VICR
VICR
Q1 26
$754.1M
Q4 25
$559.3M
$711.6M
Q3 25
$624.6M
$630.1M
Q2 25
$560.5M
$608.6M
Q1 25
$580.3M
Q4 24
$430.9M
$570.1M
Q3 24
$275.5M
$554.6M
Q2 24
$268.6M
$537.2M
Total Assets
HIVE
HIVE
VICR
VICR
Q1 26
$804.9M
Q4 25
$624.0M
$785.8M
Q3 25
$693.0M
$710.2M
Q2 25
$628.7M
$693.5M
Q1 25
$665.0M
Q4 24
$478.6M
$641.1M
Q3 24
$334.7M
$632.8M
Q2 24
$613.2M

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
VICR
VICR
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
VICR
VICR
Q1 26
Q4 25
$46.0M
$15.7M
Q3 25
$-10.6M
$38.5M
Q2 25
$10.2M
$65.2M
Q1 25
$20.1M
Q4 24
$-28.5M
$10.1M
Q3 24
$-2.2M
$22.6M
Q2 24
$-4.4M
$15.6M
Free Cash Flow
HIVE
HIVE
VICR
VICR
Q1 26
Q4 25
$10.2M
Q3 25
$34.5M
Q2 25
$59.0M
Q1 25
$15.6M
Q4 24
$-55.5M
$8.4M
Q3 24
$-34.7M
$14.1M
Q2 24
$9.4M
FCF Margin
HIVE
HIVE
VICR
VICR
Q1 26
Q4 25
9.5%
Q3 25
31.2%
Q2 25
61.5%
Q1 25
16.6%
Q4 24
-189.9%
8.7%
Q3 24
-153.4%
15.2%
Q2 24
11.0%
Capex Intensity
HIVE
HIVE
VICR
VICR
Q1 26
Q4 25
5.2%
Q3 25
3.6%
Q2 25
6.5%
Q1 25
4.8%
Q4 24
92.5%
1.8%
Q3 24
143.9%
9.1%
Q2 24
7.2%
Cash Conversion
HIVE
HIVE
VICR
VICR
Q1 26
Q4 25
0.34×
Q3 25
1.36×
Q2 25
0.29×
1.58×
Q1 25
7.93×
Q4 24
-0.42×
0.99×
Q3 24
-26.94×
1.95×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HIVE
HIVE

Segment breakdown not available.

VICR
VICR

Product revenue$98.0M87%
Royalty revenue$15.0M13%

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