Cipher Digital Inc.

CIFR Technology Information Technology Services

Cipher Digital Inc.’s revenue for fiscal 2025 (year ended December 2025) was $223.9 million, up 48.0% from fiscal 2024.

Revenue
−62.8%
EPS
+861.0%
Free cash flow
−1,669.4%
Total debt
+443.0%

Quarter to September 2026, against a year earlier

6.52 0.97 +17.48%
Market cap
$2.5B
P/E
0.0×
Fwd P/E
−5.5×
Dividend yield
—
F-score
3/9
Altman Z
0.92
Beneish M
−4.95
Dividend safety
n/a

Cipher Digital Inc. (CIFR) Free cash flow margin

Alert me on Free cash flow margin

Cipher Digital Inc.'s free cash flow margin over the twelve months to 30 September 2026 was −2,075.4%, down 1761.8 percentage points from fiscal 2025 (−313.6%). Over the past ten years it has ranged from −8,193.4% (fiscal 2022) to 0.00% (fiscal 2021); the current reading is higher than 33% of that period. That is below the Information Technology Services industry median of 0.00% and below the Technology sector median of 0.59%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −313.6% (54.82)
FY2024 −258.7% (141.06)
FY2023 −117.7% 8,075.71
FY2022 −8,193.4% (8,193.38)
FY2021 0.00% 0.00
FY2020 0.00% —

Against its own ten years

Low −8,193.4% High 0.00%
Ten-year median −188.2%
Current reading's percentile 33

Free cash flow margin against peers

Company Free cash flow margin
DXC DXC Technology Company. compare 7.46%
CNXC Concentrix Corporation compare 5.94%
KD Kyndryl Holdings, Inc. compare 1.14%
GLOB Globant S.A. compare 0.00%
MGRT Mega Fortune Company Limited compare 0.00%
FORTY Formula Systems (1985) Ltd. compare 0.00%
PENG Penguin Solutions, Inc. compare −9.44%
CIFR Cipher Digital Inc. −2,075.4%
CSQR Csquare, Inc. compare —
Information Technology Services industry median 0.00%
Technology sector median 0.59%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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