Cipher Mining Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Interest Income	-0.82	1.68	-1.84	0.08	-0.02	-
Non-Interest Income	181.92	209.32	174.4	-72.24	0.02	-
Non-Interest Income Growth	-24.26%	20.03%	-	-	-	-
Revenues Before Loan Losses	181.1	211	172.56	-72.17	-0	-
Revenue	181.1	211	172.56	-72.17	-0	-
Revenue Growth (YoY)	-24.61%	22.27%	-	-	-	-
Compensation Expenses	120.08	60.8	57.4	-	-	-
Selling, General & Admin	-65.13	-32.66	-27.8	70.84	72.15	3.48
Other Non-Interest Expenses	-106.31	-43.42	-11.14	3.63	0.01	0
Total Non-Interest Expense	-51.36	-15.28	18.46	74.47	72.15	3.48
Pretax Income	-158.71	-44.32	-22.21	-37.21	-72.15	-3.48
Provision for Income Taxes	-4.71	0.32	3.57	1.84	-	-
Net Income	-154	-44.64	-25.78	-39.05	-72.15	-3.48
Minority Interest in Earnings	-	0.38	2.53	-36.97	-	-
Net Income to Common	-154	-44.64	-25.78	-39.05	-72.15	-3.48
Shares Outstanding (Basic)	354	323	252	248	218	4
Shares Outstanding (Diluted)	349	323	252	248	218	4
Shares Change (YoY)	23.34%	27.99%	1.70%	13.85%	4763.17%	-
EPS (Basic)	-0.45	-0.14	-0.10	-0.16	-0.33	-0.02
EPS (Diluted)	-0.45	-0.14	-0.10	-0.16	-0.33	-0.02
Free Cash Flow	-608.16	-389.96	-148.63	-248.24	-151.63	-3.2
Free Cash Flow Per Share	-1.74	-1.21	-0.59	-1.00	-0.70	-0.71
Profit Margin	-85.03%	-21.15%	-14.94%	54.12%	7215300.00%	-
FCF Margin	-335.81%	-184.82%	-86.13%	343.99%	15163200.00%	-
EBITDA	153.96	103.7	59.92	5.15	0.01	0
EBITDA Margin	85.01%	49.15%	34.72%	-7.14%	-500.00%	-
Effective Tax Rate	2.97%	-0.72%	-16.06%	-4.94%	0.00%	0.00%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.