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Side-by-side financial comparison of HIVE Digital Technologies Ltd. (HIVE) and Zhihu Inc. (ZH). 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 $92.0M, roughly 1.0× Zhihu Inc.). Zhihu Inc. runs the higher net margin — 32.7% vs -98.1%, a 130.8% gap on every dollar of revenue. Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs -19.0%).

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.

Zhihu is a Chinese social question and answer site and news aggregator. Originally based in Chengdu and with creators from Sichuan, China, the website launched on January 26, 2011. The number of registered users on Zhihu exceeded 10 million by the end of 2013, and reached 17 million as of May 2015, with 250 million monthly page views.

HIVE vs ZH — Head-to-Head

Bigger by revenue
HIVE
HIVE
1.0× larger
HIVE
$93.1M
$92.0M
ZH
Higher net margin
ZH
ZH
130.8% more per $
ZH
32.7%
-98.1%
HIVE
Faster 2-yr revenue CAGR
HIVE
HIVE
Annualised
HIVE
102.2%
-19.0%
ZH

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
HIVE
HIVE
ZH
ZH
Revenue
$93.1M
$92.0M
Net Profit
$-91.3M
$30.1M
Gross Margin
-27.1%
53.6%
Operating Margin
Net Margin
-98.1%
32.7%
Revenue YoY
218.6%
Net Profit YoY
-234.0%
EPS (diluted)
$-0.38

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
ZH
ZH
Q1 26
$92.0M
Q4 25
$93.1M
Q3 25
$87.3M
$92.6M
Q2 25
$45.6M
$100.1M
Q1 25
$100.6M
Q4 24
$29.2M
Q3 24
$22.6M
$120.4M
Q2 24
$32.2M
$128.5M
Net Profit
HIVE
HIVE
ZH
ZH
Q1 26
$30.1M
Q4 25
$-91.3M
Q3 25
$-15.8M
Q2 25
$35.0M
Q1 25
Q4 24
$68.2M
Q3 24
$80.0K
$-1.3M
Q2 24
$-18.3M
$-11.1M
Gross Margin
HIVE
HIVE
ZH
ZH
Q1 26
53.6%
Q4 25
-27.1%
Q3 25
4.7%
61.3%
Q2 25
-13.6%
62.5%
Q1 25
61.8%
Q4 24
-43.7%
Q3 24
-66.1%
63.9%
Q2 24
-7.4%
59.6%
Operating Margin
HIVE
HIVE
ZH
ZH
Q1 26
Q4 25
Q3 25
-15.1%
Q2 25
-12.7%
Q1 25
Q4 24
Q3 24
-10.0%
Q2 24
-19.7%
Net Margin
HIVE
HIVE
ZH
ZH
Q1 26
32.7%
Q4 25
-98.1%
Q3 25
-18.1%
Q2 25
76.8%
Q1 25
Q4 24
233.2%
Q3 24
0.4%
-1.1%
Q2 24
-56.7%
-8.6%
EPS (diluted)
HIVE
HIVE
ZH
ZH
Q1 26
Q4 25
$-0.38
Q3 25
$-0.07
Q2 25
$0.18
Q1 25
Q4 24
$0.52
Q3 24
$0.00
Q2 24
$-0.17

Balance Sheet & Financial Strength

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

Metric
HIVE
HIVE
ZH
ZH
Cash + ST InvestmentsLiquidity on hand
$481.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$559.3M
$554.1M
Total Assets
$624.0M
$742.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIVE
HIVE
ZH
ZH
Q1 26
$481.8M
Q4 25
Q3 25
$383.5M
Q2 25
$446.5M
Q1 25
$446.5M
Q4 24
$40.5M
Q3 24
$31.7M
$458.0M
Q2 24
$434.7M
Stockholders' Equity
HIVE
HIVE
ZH
ZH
Q1 26
$554.1M
Q4 25
$559.3M
Q3 25
$624.6M
$578.9M
Q2 25
$560.5M
$587.4M
Q1 25
$573.2M
Q4 24
$430.9M
Q3 24
$275.5M
$619.2M
Q2 24
$268.6M
$605.5M
Total Assets
HIVE
HIVE
ZH
ZH
Q1 26
$742.3M
Q4 25
$624.0M
Q3 25
$693.0M
$772.8M
Q2 25
$628.7M
$802.2M
Q1 25
$783.1M
Q4 24
$478.6M
Q3 24
$334.7M
$856.2M
Q2 24
$840.5M

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
ZH
ZH
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
ZH
ZH
Q1 26
Q4 25
$46.0M
Q3 25
$-10.6M
Q2 25
$10.2M
Q1 25
Q4 24
$-28.5M
Q3 24
$-2.2M
Q2 24
$-4.4M
Free Cash Flow
HIVE
HIVE
ZH
ZH
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-55.5M
Q3 24
$-34.7M
Q2 24
FCF Margin
HIVE
HIVE
ZH
ZH
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-189.9%
Q3 24
-153.4%
Q2 24
Capex Intensity
HIVE
HIVE
ZH
ZH
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
92.5%
Q3 24
143.9%
Q2 24
Cash Conversion
HIVE
HIVE
ZH
ZH
Q1 26
Q4 25
Q3 25
Q2 25
0.29×
Q1 25
Q4 24
-0.42×
Q3 24
-26.94×
Q2 24

Financial Flow Comparison

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

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