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	-
Depreciation & Amortization Expenses	149.8	198.97	102.45	59.09	4.38	-
Other Operating Expenses	266.85	249.81	-63.29	-47.64	-35.5	-
Total Operating Expenses	463.22	485.16	71.81	39.25	39.71	0
Operating Income	-531.34	-421.56	-43.7	-20.12	-37.42	-
Interest Income	86.44	19.48	3.38	0.16	0.22	0.05
Interest Expense	-160.54	-36.56	-1.71	-2	-0.14	-
Other Non-Operating Income (Expense)	-517.5	-386.91	-2.29	-0.26	0.13	-0.05
Total Non-Operating Income (Expense)	-591.6	-403.99	-0.62	-2.1	0.21	-0
Pretax Income	-1,123	-825.56	-44.32	-22.21	-37.21	-0
Provision for Income Taxes	-3.6	-3.31	0.32	3.57	1.84	-
Net Income	-1,119	-822.24	-44.64	-25.78	-39.05	-73.59
Net Income to Common	-1,119	-822.24	-44.64	-25.78	-39.05	-73.59
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	401	382	323	252	248	218
Shares Outstanding (Diluted)	401	382	323	252	248	218
Shares Change	12.02%	18.11%	27.99%	1.70%	13.85%	-
EPS (Basic)	-2.79	-2.15	-0.14	-0.10	-0.16	-0.33
EPS (Diluted)	-2.79	-2.15	-0.14	-0.10	-0.16	-0.33
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	-1,653	-700.73	-389.96	-148.63	-248.24	0
Free Cash Flow Growth	-	-	-	-	-	-
Free Cash Flow Per Share	-4.12	-1.84	-1.21	-0.59	-1.00	-
Gross Margin	-10.04%	28.40%	18.58%	15.08%	75.37%	-
Operating Margin	-278.05%	-188.25%	-28.89%	-15.86%	-1232.17%	-
Profit Margin	-585.75%	-367.17%	-29.51%	-20.32%	-1285.91%	-
FCF Margin	-864.92%	-312.91%	-257.79%	-117.18%	-8173.76%	-
EBITDA	-379.24	-220.94	60	39.8	-32.27	0
EBITDA Margin	-198.46%	-98.66%	39.66%	31.38%	-1062.59%	-
EBIT	-531.34	-421.56	-43.7	-20.12	-37.42	-
EBIT Margin	-278.05%	-188.25%	-28.89%	-15.86%	-1232.17%	-
Effective Tax Rate	0.32%	0.40%	-0.72%	-16.06%	-4.94%	0.00%

SEC Filings: 10-K · 10-Q