Cipher Digital Inc. (BMV:CIFR)

Cipher Digital Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	223.94	151.27	126.84	3.04	-
Revenue Growth (YoY)	48.04%	19.26%	4076.56%	-	-
Cost of Revenue	160.35	123.16	107.71	0.75	-
Gross Profit	63.6	28.11	19.13	2.29	-
Selling, General & Admin	36.38	32.66	27.8	70.84	78.71
Other Operating Expenses	-208.7	-66.19	-11.04	1.46	-
Operating Expenses	26.66	68.91	75.85	76.68	78.71
Operating Income	36.94	-40.8	-56.72	-74.39	-78.71
Interest Expense	-36.56	-1.71	-2	-0.14	-0.03
Interest & Investment Income	19.48	3.38	0.16	0.22	0
Earnings From Equity Investments	-20.82	-0.38	-2.53	-36.97	-
Other Non Operating Income (Expenses)	-407.9	-4.81	36.52	74.07	0.14
EBT Excluding Unusual Items	-408.87	-44.32	-24.57	-37.21	-78.6
Merger & Restructuring Charges	-	-	-	-	-0.11
Other Unusual Items	-416.69	-	2.36	-	-
Pretax Income	-825.56	-44.32	-22.21	-37.21	-78.71
Income Tax Expense	-3.31	0.32	3.57	1.84	-
Net Income	-822.24	-44.64	-25.78	-39.05	-78.71
Net Income to Common	-822.24	-44.64	-25.78	-39.05	-78.71
Shares Outstanding (Basic)	382	323	252	248	218
Shares Outstanding (Diluted)	382	323	252	248	218
Shares Change (YoY)	18.11%	27.99%	1.70%	13.85%	-
EPS (Basic)	-2.15	-0.14	-0.10	-0.16	-0.36
EPS (Diluted)	-2.15	-0.14	-0.10	-0.16	-0.36
Free Cash Flow	-700.73	-389.96	-148.63	-248.24	-165.42
Free Cash Flow Per Share	-1.84	-1.21	-0.59	-1.00	-0.76
Gross Margin	28.40%	18.58%	15.09%	75.37%	-
Operating Margin	16.49%	-26.97%	-44.71%	-2449.32%	-
Profit Margin	-367.17%	-29.51%	-20.32%	-1285.91%	-
Free Cash Flow Margin	-312.91%	-257.79%	-117.18%	-8173.76%	-
EBITDA	236.51	62.15	2.38	-70.01	-78.71
EBITDA Margin	105.61%	41.09%	1.87%	-	-
D&A For EBITDA	199.57	102.95	59.09	4.38	0.01
EBIT	36.94	-40.8	-56.72	-74.39	-78.71
EBIT Margin	16.49%	-26.97%	-44.71%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.