ComputeLabs Research
HIVE’s BUZZ HPC generated $7.1 million in fiscal-first-quarter revenue, up 46.7%, driven partly by an NVIDIA B200 cluster deployment.
· ComputeLabs Research · from the August 17, 2026 edition
HIVE Digital Technologies reported $7.1 million of revenue from its BUZZ High Performance Computing subsidiary for the first quarter of fiscal 2027, ended June 30, 2026. BUZZ revenue increased 46.7% year over year and 52.1% sequentially.
HIVE attributed the increase to deployment of an NVIDIA B200 GPU cluster at its Manitoba, Canada, site, along with demand and pricing across GPU marketplaces. The filing does not specify the B200 cluster’s GPU count or separately quantify its revenue contribution.
Company-wide quarterly revenue was $79.1 million, up 73.5% year over year and 10.2% sequentially. Digital-currency revenue accounted for $72.1 million, while BUZZ HPC supplied the remaining reported $7.1 million.
HIVE recorded a generally accepted accounting principles net loss of $142.9 million, including an $84.7 million provision for regulatory liabilities, $53.7 million of depreciation, $7.1 million of share-based compensation, and a $7.1 million fair-value change in derivatives. Adjusted earnings before interest, taxes, depreciation, and amortization were $13.4 million, and liquidity at June 30 included $208 million of cash and cash equivalents plus $11.2 million of digital currencies.
Sources
- HIVE’s BUZZ HPC
- NVIDIA B200 cluster

