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
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Cipher Digital Inc. (CIFR) Gross margin
Cipher Digital Inc.'s gross margin over the twelve months to 30 September 2026 was 50.5%, down 13.3 percentage points from fiscal 2025 (63.7%). Over the past ten years it has ranged from 0.00% (fiscal 2021) to 75.4% (fiscal 2022); the current reading is higher than 80% of that period. That is above the Information Technology Services industry median of 30.0% and above the Technology sector median of 47.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 63.7% | 4.96 |
| FY2024 | 58.8% | (1.57) |
| FY2023 | 60.3% | (15.03) |
| FY2022 | 75.4% | 75.37 |
| FY2021 | 0.00% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 42.5% | 3.04 |
| Jun 2026 | 39.4% | (9.76) |
| Mar 2026 | 49.2% | (10.19) |
| Dec 2025 | 59.4% | (3.35) |
| 17 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CIFR Cipher Digital Inc. | 50.5% |
| GLOB Globant S.A. compare | 34.5% |
| CNXC Concentrix Corporation compare | 34.1% |
| PENG Penguin Solutions, Inc. compare | 27.7% |
| KD Kyndryl Holdings, Inc. compare | 22.3% |
| DXC DXC Technology Company. compare | 22.3% |
| FORTY Formula Systems (1985) Ltd. compare | 19.8% |
| CSQR Csquare, Inc. compare | — |
| MGRT Mega Fortune Company Limited compare | — |
| Information Technology Services industry median | 30.0% |
| Technology sector median | 47.1% |
| Market median | 46.0% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Altman Z-score
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