Cipher Digital Income 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	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	191.09	223.94	151.27	126.84	3.04	-
Revenue Growth	20.30%	48.04%	19.26%	4076.56%	-	-
Cost of Revenue	210.27	160.35	123.16	107.71	0.75	-
Gross Profit	-19.18	63.6	28.11	19.13	2.29	-
Selling, General & Admin	46.57	36.38	32.66	27.8	70.84	78.71
Other Operating Expenses	-161.24	-208.7	-66.19	-11.04	1.46	-
Operating Expenses	35.14	26.66	68.91	75.85	76.68	78.71
Operating Income	-54.32	36.94	-40.8	-56.72	-74.39	-78.71
Interest Expense	-160.54	-36.56	-1.71	-2	-0.14	-0.03
Interest & Investment Income	86.44	19.48	3.38	0.16	0.22	0
Earnings From Equity Investments	-15.43	-20.82	-0.38	-2.53	-36.97	-
Other Non Operating Income (Expenses)	-562.41	-407.9	-4.81	36.52	74.07	0.14
EBT Excluding Unusual Items	-706.25	-408.87	-44.32	-24.57	-37.21	-78.6
Merger & Restructuring Charges	-	-	-	-	-	-0.11
Other Unusual Items	-416.69	-416.69	-	2.36	-	-
Pretax Income	-1,123	-825.56	-44.32	-22.21	-37.21	-78.71
Income Tax Expense	-3.6	-3.31	0.32	3.57	1.84	-
Net Income	-1,119	-822.24	-44.64	-25.78	-39.05	-78.71
Net Income to Common	-1,119	-822.24	-44.64	-25.78	-39.05	-78.71
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	401	382	323	252	248	218
Shares Outstanding (Diluted)	401	382	323	252	248	218
Shares Change	13.28%	18.11%	27.99%	1.70%	13.85%	-
EPS (Basic)	-2.79	-2.15	-0.14	-0.10	-0.16	-0.36
EPS (Diluted)	-2.79	-2.15	-0.14	-0.10	-0.16	-0.36
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-1,495	-700.73	-389.96	-148.63	-248.24	-165.42
Free Cash Flow Per Share	-3.73	-1.84	-1.21	-0.59	-1.00	-0.76
Gross Margin	-10.04%	28.40%	18.58%	15.09%	75.37%	-
Operating Margin	-28.42%	16.49%	-26.97%	-44.71%	-2449.32%	-
Profit Margin	-585.75%	-367.17%	-29.51%	-20.32%	-1285.91%	-
Free Cash Flow Margin	-782.50%	-312.91%	-257.79%	-117.18%	-8173.76%	-
EBITDA	96.08	236.51	62.15	2.38	-70.01	-78.71
EBITDA Margin	50.28%	105.61%	41.09%	1.87%	-	-
D&A For EBITDA	150.4	199.57	102.95	59.09	4.38	0.01
EBIT	-54.32	36.94	-40.8	-56.72	-74.39	-78.71
EBIT Margin	-28.42%	16.49%	-26.97%	-44.71%	-	-

SEC Filings: 10-K · 10-Q