Which has grown faster, BLZE or HIVE?

Over the past five years, HIVE grew revenue faster — BLZE at a 21.16% CAGR versus HIVE at 26.90%.

Backblaze, Inc. (BLZE) vs HIVE Digital Technologies Ltd. (HIVE)

A side-by-side comparison of Backblaze, Inc. and HIVE Digital Technologies Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

BLZE

Backblaze, Inc.

$846M

$14.09TechnologyDelayed quote: Oct 6, 2026, 9:30 AM EDT

HIVE

HIVE Digital Technologies Ltd.

$794M

$2.90TechnologyDelayed quote: Oct 5, 2026, 4:00 PM EDT

Total return — BLZE vs HIVE

growth of $100 · dividends reinvested · last 5y

BLZE -30.3% (-7.0%/yr)HIVE -85.8% (-32.3%/yr)BLZE compounded faster over this window

BLZE HIVE

BLZE vs HIVE: by the numbers

•BLZE is the larger company ($846M vs $794M market cap).
•Both run net losses; BLZE's is the smaller (-13.07% vs -98.01% net margin).
•HIVE grew revenue faster over the past five years (26.90% vs 21.16% CAGR).

Metrics side by side

Valuation

Metric	BLZE	HIVE
Forward P/E	70.45	N/A
P/S ratio	5.41	2.41
P/B ratio	9.55	1.88
EV / EBITDA	106.95	263.77
FCF yield	2.13%	N/A

Profitability

Metric	BLZE	HIVE
Gross margin	61.97%	-21.00%
Operating margin	-11.20%	-40.22%
Net margin	-13.07%	-98.01%
ROE	-23.07%	-76.35%
ROIC	-11.30%	-25.08%

Growth (annualized)

Metric	BLZE	HIVE
Revenue CAGR (5Y)	21.16%	26.90%
FCF CAGR (5Y)	66.05%	N/A
Total return CAGR (5Y)	N/A	-28.21%

Frequently asked

Which has grown faster, BLZE or HIVE?: Over the past five years, HIVE grew revenue faster — BLZE at a 21.16% CAGR versus HIVE at 26.90%.

Go deeper

Full BLZE analysis Full HIVE analysis Interactive comparison tool

Dig into the metrics

Backblaze ROE HIVE Digital Technologies ROE Backblaze operating margin HIVE Digital Technologies operating margin Backblaze revenue growth HIVE Digital Technologies revenue growth Backblaze free cash flow HIVE Digital Technologies free cash flow

Backblaze & HIVE Digital Technologies appear in these rankings

Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.