A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 74% in the latest quarter vs a year ago
Sales up 158% last year
Little debt
Watch out for
Late quarterly report notice
Losing money, losses are large next to sales
Money moves
Insiders sold $34K in the last 30 days
Institutions added 40% to their holdings in the quarter ending June 2026 (128 bought, 50 sold)
Held by Leopold Aschenbrenner (Situational Awareness)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.90-2.1% that day
Company value
$521M
Share price times all shares
Price vs sales
1.6x
No profit over the last year, so this compares value with sales instead
Cash vs value
40%
A big cushion: cash is a large part of what the company is worth
Debt vs value
2%
Debt as a share of company value
From HIVE's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 9 quarters, from SEC filings
Sales, Jun '26
$79.1M+73% vs a year earlier
Jun '24Tap a barJun '26
Last 12 months: $331.3M, up 158% from the 12 months before. Over 5 years, sales grew about 35% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of HIVE. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$1.2B
Profit in 5 years$123M
Price these guesses point to$6.73+254% vs $1.90 todayAbout +29% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 1.0% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-30.0%
PassDebt under half of equityNot relying on borrowed money.0.02x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-49.8%
MissProfitable every yearSteady profits, not one good year.2 of 5 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$62.3M
Revenue
$297.8M
+158.3% vs prior year
5-year growth
+34.9%/yr
revenue, per year
Total debt
$9.8M
0.02x equity
Free cash flow
$62.3M
20.9% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 17
Revenue
$79.1M
+73.5% YoY
EPS
-$0.54
vs $0.18
Gross margin
-37.3%
-23.7 pts
Free cash flow
$4.1M
Share count
+38.1%
vs a year ago
Insider rating
Last 90 days
37Selling
1 insider sold $34K (not pre-planned)
An insider sold their entire stake
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+40.4%
Institutions added 40.4% to their holdings. 128 bought, 50 sold. 5 quarters of net buying in a row.
Shares held by institutions110.5M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.6x · $234.9M debt
Shares outstandingLatest reported
274M
Why high risk
Losing money, losses are large next to sales
1 offering filing in 6 months (may sell new shares)
Late quarterly report notice
Late annual report notice
Earnings reports
Last 2
Next reportIn 5 days (est.)Estimated from the same quarter last year
Results filedAug 17
Results filedJun 2
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days