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CIFR Cipher Digital Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-04, not restated
Financials

Scale

Market cap
$7.0bn
Revenue TTM
$191m
Net income TTM
$-1.1bn
Free cash flow
$-1.7bn
Composite score
27.2
Sector rank
#890

Valuation

P / E
EV / EBITDA
EV / sales
61.3
FCF yield
-23.58%
Earnings yield vs 10-yr
-20.70pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-585.8%
EBITDA margin
-168.5%
ROE
-199.2%
ROIC
-10.1%
Revenue growth
20.3%

Insider activity, last 90 days

Net open-market
$-84.05m
Buyers
0
Sellers
4

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

The year over year decrease was driven by lower bitcoin prices in the current quarter compared to the prior year quarter, partially offset by an increase in total bitcoin mined. Cost of revenue Cost of revenue for the three months ended June 30, 2026 was $15.0 million, compared with $15.3 million for the three months ended June 30, 2025, and consisted primarily of power costs at our Odessa data center, which has a fixed power cost. Compensation and benefits Compensation and benefits for the three months ended June 30, 2026 was $42.4 million, compared to $15.7 million for the three months ended June 30, 2025. …Cipher Digital Inc., 10-Q, period ended 2026-06-30, filed 2026-08-04

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