Which has grown faster, HIVE or RCAT?

Over the past five years, RCAT grew revenue faster — HIVE at a 34.49% CAGR versus RCAT at 69.38%.

Which has been the better investment, HIVE or RCAT?

Over the past 10-year, HIVE delivered the higher annualized total return — HIVE at 40.30% versus RCAT at -33.89%. Past performance doesn't predict future results.

HIVE Digital Technologies Ltd. (HIVE) vs Red Cat Holdings, Inc. (RCAT)

HIVE leads on 6 of 9 compared metrics.

A side-by-side comparison of HIVE Digital Technologies Ltd. and Red Cat Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

HIVE

HIVE Digital Technologies Ltd.

$792M

$2.96TechnologyAt close: Jul 24, 2026, 4:00 PM ET

RCAT

Red Cat Holdings, Inc.

$824M

$7.64TechnologyAt close: Jul 24, 2026, 4:00 PM ET

Total return — HIVE vs RCAT

growth of $100 · dividends reinvested · last 15y

HIVE +60.0%RCAT -99.8%HIVE compounded faster

Log scale — wide-divergence pair

HIVE RCAT

HIVE vs RCAT: by the numbers

•RCAT is the larger company ($824M vs $792M market cap).
•Both run net losses; HIVE's is the smaller (-49.85% vs -161.09% net margin).
•RCAT grew revenue faster over the past five years (69.38% vs 34.49% CAGR).

Which is better, HIVE or RCAT?

Metric tally: HIVE 6 · RCAT 3

It depends on what you're optimizing for:

GrowthRCAT(faster 5Y revenue CAGR)

QualityHIVE(higher ROIC)

Metrics side by side

Valuation

Metric	HIVE	RCAT
Forward P/E	—	69.45
P/S ratio	2.24●	17.43
P/B ratio	1.26●	3.87
EV / EBITDA	14.12	—

Profitability

Metric	HIVE	RCAT
Gross margin	-21.00%	5.41%●
Operating margin	-40.22%●	-163.51%
Net margin	-49.85%●	-161.09%
ROE	-28.04%●	-35.75%
ROIC	-19.94%●	-25.16%

Growth (annualized)

Metric	HIVE	RCAT
Revenue CAGR (5Y)	34.49%	69.38%●
EPS CAGR (5Y)	—	-68.91%
Total return CAGR (5Y)	-22.94%	18.86%●

Frequently asked

Which is better, HIVE or RCAT?: It depends on your goal. growth: RCAT (faster 5Y revenue CAGR); quality: HIVE (higher ROIC). Across all compared metrics, HIVE leads 6 to 3.
Which has grown faster, HIVE or RCAT?: Over the past five years, RCAT grew revenue faster — HIVE at a 34.49% CAGR versus RCAT at 69.38%.
Which has been the better investment, HIVE or RCAT?: Over the past 10-year, HIVE delivered the higher annualized total return — HIVE at 40.30% versus RCAT at -33.89%. Past performance doesn't predict future results.

Go deeper

Full HIVE analysis Full RCAT analysis Interactive comparison tool

Dig into the metrics

HIVE Digital Technologies P/E ratio Red Cat P/E ratio HIVE Digital Technologies dividend yield Red Cat dividend yield HIVE Digital Technologies ROE Red Cat ROE HIVE Digital Technologies operating margin Red Cat operating margin HIVE Digital Technologies revenue growth Red Cat revenue growth HIVE Digital Technologies free cash flow Red Cat free cash flow

HIVE Digital Technologies & Red Cat appear in these rankings

Fastest Revenue Growth Stocks Best 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 July 26, 2026.