Cipher Mining Inc.

Cipher Mining Inc.

CIFR
Cipher Mining Inc.US flagNASDAQ Global Select
17.74
USD
+0.37
- -
7.26BMarket Cap
2021 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
0.01
0.5
0.47
0.59
0.47
Basic EPS, GAAP
- -
- -
-0.16
-0.1
-0.14
-2.15
-2.78
Free Cash Flow per Basic Share
- -
- -
-1
-0.59
-1.21
-1.84
-3.72
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
1.42
1.39
1.69
1.94
1.99
1.36
Tangible Book Value per Share
- -
1.42
1.38
1.66
1.92
1.8
1.17
Basic Weighted Avg Shares
- -
- -
248
252
323
382
403
Sales/Revenue/Turnover
- -
- -
3
127
151
224
191
Operating Margin (%)
- -
- -
-2,386.14
-43.72
-64.95
-150.67
-209.64
Depreciation Expense
- -
- -
5
60
104
201
152
Net Income, GAAP
- -
- -
-39
-26
-45
-822
-1,119
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-1,285.91
-20.32
-29.51
-367.17
-585.75
Working Capital
- -
223
7
122
36
1,954
2,753
LT Debt
- -
- -
17
17
17
2,723
5,486
Total Equity
- -
354
343
491
682
836
588
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-11.22
-6.18
-7.61
-110.55
-170.77

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
44
362
101
LT Borrowings
2,712
4,377
5,447
LT Finance Leases
12
8
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
405
405
414
Market Capitalization
5,977
5,216
10,149

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,653
3,894
4,132
Cash, Cash Equivalents & STI
628
715
832
Accounts Receivable, Net
1
8
20
Inventories
125
76
38
Total Current Liabilities
699
1,246
1,379
Payables & Accruals
109
377
622
ST Debt
44
362
101
Deferred Revenue
- -
7
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-2,031,787.03%
22.57%
Free Cash Flow
- -
- -
79.41%
Net Income, GAAP
- -
- -
1,742.15%
Sales/Revenue/Turnover
- -
- -
48.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
48
37
24
42
151
2025
49
44
72
60
224
2026
35
25
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
-0.05
-0.26
- -
-0.14
2025
-0.11
-0.12
-0.01
- -
-2.15
2026
-0.28
-0.65
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Rodney Tyler Page
Full Time Employees
66
Sector
Technology
Industry
Information Technology Services
Address
1 Vanderbilt Avenue New York City NY United States of America 10017
IPO Date
Oct 20, 2020
Business
Cipher Mining Inc. (NASDAQ: CIFR) operates as an industrial-scale data center construction and operations company focused on bitcoin mining and high-performance computing (HPC) hosting in the United States; its core offerings include bitcoin mining operations utilizing high-efficiency ASIC miners such as Bitmain Antminer S19 XP and S19 Pro series with deployed hash rates exceeding 5 EH/s across facilities featuring approximately 327 MW of power capacity in four Texas data centers including one wholly owned site and three partially owned sites; additionally, it provides HPC colocation services for AI and other compute-intensive applications by allocating data center capacity between cryptocurrency mining and emerging high-density workloads. Founded in 2021 and headquartered in New York, New York, the company serves the global digital asset and technology sectors with target customers encompassing bitcoin network participants, cryptocurrency investors, and AI/HPC providers; it maintains operations primarily in Texas with a growing pipeline exceeding 2.5 GW across multiple sites supported by strategic energy procurement and ERCOT market participation. Recent developments include the September 2025 signing of a 168 MW, 10-year HPC colocation agreement with Fluidstack securing approximately $3 billion in contracted revenue with expected delivery by September 2026 and Google investment; in 2024, it acquired the 300 MW Barber Lake site in West Texas for $67.5 million plus variable fees featuring a fully energized substation and 250 acres of land along with the 70 MW Reveille site and options for three additional 500 MW Texas sites; these expansions alongside new mining technology deployments and sustainable partnerships position Cipher to scale as a leading builder and operator of large-scale data centers for both bitcoin mining and AI infrastructure.

Company News

  • Why Cipher Digital Stock Plummeted 30.6% Last Month But Is Rebounding in September

  • Data Center Stocks Rally With Bitcoin: Cipher Mining Jumps 12%, TeraWulf Surges 8%, IREN Rises 4%

  • Sam Altman Sees “Unsustainable Silliness” in AI Compute Spending. These Are the Stocks Traders Are Watching.

  • Cipher Digital Begins Development of Lateral Pipelines to Facilitate Data Center Expansion via Bring-Your-Own-Generation

  • Is It Worth Investing in Cipher Digital Inc. (CIFR) Based on Wall Street's Bullish Views?

  • Sam Altman Flags 'First Signs' of a Bubble: Neoclouds on Watch

  • IREN Sinks 4% as Rising Yields Reverse Monday’s Rally, TeraWulf Falls 4%, Cipher Mining Drops 6%

  • Applied Digital Drops 4% as Rising Yields Hit AI Infrastructure, Cipher Mining Sinks 6%, Core Scientific Slides 3%

  • IREN vs. CIFR: Which Bitcoin Miner Is the Better AI Play?

  • Why the Summer Slump is Setting Up Wall Street's Next Rally

  • Applied Digital and IREN Climb 6% as the Digital Infrastructure Bid Broadens Past Bitcoin, Core Scientific Gains 4%

  • Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5%

  • Cipher Mining falls -6.9%

  • IREN Jumps 6% but Then Gives Up Gains as Microsoft Accepts Horizon 1; TeraWulf Ticks Up, Cipher Digital Drops 5%

  • Bank of America Corp DE Purchases 995,735 Shares of Cipher Mining Inc. $CIFR

  • Cipher Digital Stock Slides Tuesday: What's Happening?

  • Cipher Mining Falls 9%, TeraWulf Sinks 7% as Rising Yields Hit the AI Miner Pivot

  • HIVE Digital Technologies Soars 11% on $350M GPU Cloud Contract, Cipher Mining Ticks Up

  • Is Cipher Digital Inc. (CIFR) a Buy as Wall Street Analysts Look Optimistic?

  • Neocloud Stocks Catch Fire As CoreWeave Doubles Revenue