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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and VIRCO MFG CORPORATION (VIRC). 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 $47.6M, roughly 2.0× VIRCO MFG CORPORATION). VIRCO MFG CORPORATION runs the higher net margin — -2.8% vs -98.1%, a 95.3% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -42.3%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs 5.7%).

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.

The Virco Manufacturing Corporation, more commonly known as Virco, is an American furniture manufacturer based in Torrance, California which focuses on providing products for educational markets. The principal products of the company include student desks and activity tables, school and office seating, computer stations, lightweight folding tables, and upholstered chairs.

HIVE vs VIRC — Head-to-Head

Bigger by revenue
HIVE
HIVE
2.0× larger
HIVE
$93.1M
$47.6M
VIRC
Growing faster (revenue YoY)
HIVE
HIVE
+260.9% gap
HIVE
218.6%
-42.3%
VIRC
Higher net margin
VIRC
VIRC
95.3% more per $
VIRC
-2.8%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
5.7%
VIRC

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
HIVE
HIVE
VIRC
VIRC
Revenue
$93.1M
$47.6M
Net Profit
$-91.3M
$-1.3M
Gross Margin
-27.1%
38.0%
Operating Margin
-3.6%
Net Margin
-98.1%
-2.8%
Revenue YoY
218.6%
-42.3%
Net Profit YoY
-234.0%
-115.8%
EPS (diluted)
$-0.38
$-0.08

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
VIRC
VIRC
Q4 25
$93.1M
$47.6M
Q3 25
$87.3M
$92.1M
Q2 25
$45.6M
$33.8M
Q1 25
$28.5M
Q4 24
$29.2M
$82.6M
Q3 24
$22.6M
$108.4M
Q2 24
$32.2M
$46.7M
Q1 24
$42.6M
Net Profit
HIVE
HIVE
VIRC
VIRC
Q4 25
$-91.3M
$-1.3M
Q3 25
$-15.8M
$10.2M
Q2 25
$35.0M
$732.0K
Q1 25
$-5.7M
Q4 24
$68.2M
$8.4M
Q3 24
$80.0K
$16.8M
Q2 24
$-18.3M
$2.1M
Q1 24
$-2.3M
Gross Margin
HIVE
HIVE
VIRC
VIRC
Q4 25
-27.1%
38.0%
Q3 25
4.7%
44.4%
Q2 25
-13.6%
47.5%
Q1 25
26.2%
Q4 24
-43.7%
44.4%
Q3 24
-66.1%
46.3%
Q2 24
-7.4%
43.5%
Q1 24
37.7%
Operating Margin
HIVE
HIVE
VIRC
VIRC
Q4 25
-3.6%
Q3 25
16.7%
Q2 25
-0.3%
Q1 25
-28.5%
Q4 24
13.5%
Q3 24
20.2%
Q2 24
6.4%
Q1 24
-6.5%
Net Margin
HIVE
HIVE
VIRC
VIRC
Q4 25
-98.1%
-2.8%
Q3 25
-18.1%
11.1%
Q2 25
76.8%
2.2%
Q1 25
-20.1%
Q4 24
233.2%
10.2%
Q3 24
0.4%
15.5%
Q2 24
-56.7%
4.6%
Q1 24
-5.5%
EPS (diluted)
HIVE
HIVE
VIRC
VIRC
Q4 25
$-0.38
$-0.08
Q3 25
$-0.07
$0.65
Q2 25
$0.18
$0.05
Q1 25
$-0.37
Q4 24
$0.52
$0.52
Q3 24
$0.00
$1.04
Q2 24
$-0.17
$0.13
Q1 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
VIRC
VIRC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$3.9M
Stockholders' EquityBook value
$559.3M
$113.6M
Total Assets
$624.0M
$181.5M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
VIRC
VIRC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$40.5M
Q3 24
$31.7M
Q2 24
Q1 24
$5.3M
Total Debt
HIVE
HIVE
VIRC
VIRC
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$4.1M
Q1 25
$4.1M
Q4 24
$4.2M
Q3 24
$4.3M
Q2 24
$7.0M
Q1 24
$4.4M
Stockholders' Equity
HIVE
HIVE
VIRC
VIRC
Q4 25
$559.3M
$113.6M
Q3 25
$624.6M
$115.4M
Q2 25
$560.5M
$105.6M
Q1 25
$109.3M
Q4 24
$430.9M
$115.9M
Q3 24
$275.5M
$107.8M
Q2 24
$268.6M
$91.6M
Q1 24
$91.2M
Total Assets
HIVE
HIVE
VIRC
VIRC
Q4 25
$624.0M
$181.5M
Q3 25
$693.0M
$198.6M
Q2 25
$628.7M
$183.8M
Q1 25
$191.9M
Q4 24
$478.6M
$210.1M
Q3 24
$334.7M
$216.3M
Q2 24
$152.5M
Q1 24
$146.4M
Debt / Equity
HIVE
HIVE
VIRC
VIRC
Q4 25
0.03×
Q3 25
0.03×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.08×
Q1 24
0.05×

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
VIRC
VIRC
Operating Cash FlowLast quarter
$46.0M
$25.8M
Free Cash FlowOCF − Capex
$24.5M
FCF MarginFCF / Revenue
51.5%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIVE
HIVE
VIRC
VIRC
Q4 25
$46.0M
$25.8M
Q3 25
$-10.6M
$3.2M
Q2 25
$10.2M
$-19.0M
Q1 25
$-8.3M
Q4 24
$-28.5M
$33.5M
Q3 24
$-2.2M
$12.5M
Q2 24
$-4.4M
$-4.5M
Q1 24
$4.7M
Free Cash Flow
HIVE
HIVE
VIRC
VIRC
Q4 25
$24.5M
Q3 25
$1.8M
Q2 25
$-21.5M
Q1 25
$-9.2M
Q4 24
$-55.5M
$31.0M
Q3 24
$-34.7M
$10.7M
Q2 24
$-5.6M
Q1 24
$4.0M
FCF Margin
HIVE
HIVE
VIRC
VIRC
Q4 25
51.5%
Q3 25
2.0%
Q2 25
-63.6%
Q1 25
-32.4%
Q4 24
-189.9%
37.5%
Q3 24
-153.4%
9.8%
Q2 24
-12.0%
Q1 24
9.5%
Capex Intensity
HIVE
HIVE
VIRC
VIRC
Q4 25
2.7%
Q3 25
1.5%
Q2 25
7.2%
Q1 25
3.3%
Q4 24
92.5%
3.0%
Q3 24
143.9%
1.7%
Q2 24
2.3%
Q1 24
1.5%
Cash Conversion
HIVE
HIVE
VIRC
VIRC
Q4 25
Q3 25
0.31×
Q2 25
0.29×
-26.00×
Q1 25
Q4 24
-0.42×
3.98×
Q3 24
-26.94×
0.74×
Q2 24
-2.11×
Q1 24

Financial Flow Comparison

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

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