Cipher Digital Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-897.59	-822.24	-44.64	-25.78	-39.05
Depreciation & Amortization	124.21	200.62	103.7	59.92	5.15
Stock-Based Compensation	70.7	52.79	42.13	38.47	41.5
Other Adjustments	-108.82	428.95	-207.05	-156.11	-36.14
Change in Receivables	1.25	-	-	-	-1.2
Changes in Accounts Payable	-8.25	-	-	-	2.42
Changes in Accrued Expenses	-17.1	-	-	-	0.75
Changes in Other Operating Activities	139.37	-68.05	18.34	-10.74	5.65
Operating Cash Flow	-69.17	-207.94	-87.51	-94.24	-20.92
Capital Expenditures	-941.03	-492.8	-302.45	-54.39	-227.32
Sale of Property, Plant & Equipment	22.03	-	-	-	-
Purchases of Intangible Assets	-33.64	-36.43	-1.42	-0.63	-0.6
Other Investing Activities	167.64	192.61	111.75	107.78	54.01
Investing Cash Flow	-793.52	-336.61	-192.13	52.76	-173.91
Long-Term Debt Issued	3,324	3,146	25	-	-
Long-Term Debt Repaid	6.96	-4.83	-30.54	-12.88	-
Net Long-Term Debt Issued (Repaid)	3,331	3,141	-5.54	-12.88	-
Issuance of Common Stock	75.45	245.47	221.69	132.44	-
Repurchase of Common Stock	-92.22	-89.59	-27.64	-3.9	-3.09
Net Common Stock Issued (Repurchased)	-16.77	155.89	194.05	128.54	-3.09
Other Financing Activities	-0.89	-82.68	-	-	-
Financing Cash Flow	5,071	3,189	213.51	115.66	-3.09
Net Cash Flow	4,209	2,645	-66.13	74.18	-197.91
Free Cash Flow	-1,010	-700.73	-389.96	-148.63	-248.24
FCF Margin	-481.46%	-312.91%	-257.79%	-117.18%	-8173.76%
Free Cash Flow Per Share	-2.57	-1.84	-1.21	-0.59	-1.00
Levered Free Cash Flow	1,781	1,959	-230.59	-43.86	-253.6
Unlevered Free Cash Flow	-1,198	-780.09	-224.43	-28.55	-253.82

SEC Filings: 10-K · 10-Q