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) Net margin

Alert me on Net margin

Cipher Digital Inc.'s net margin over the twelve months to 30 September 2026 was −742.3%, down 375.2 percentage points from fiscal 2025 (−367.2%). Over the past ten years it has ranged from −1,285.9% (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 0.79% and below the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 −367.2% (337.66)
FY2024 −29.5% (9.19)
FY2023 −20.3% 1,265.59
FY2022 −1,285.9% (1,285.91)
FY2021 0.00% 0.00
FY2020 0.00% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 118.4% 1,195.51
Jun 2026 −1,077.1% (749.00)
Mar 2026 −328.1% 901.46
Dec 2025 −1,229.6% (1,225.02)
22 more quarters

Against its own ten years

Low −1,285.9% High 0.00%
Ten-year median −24.9%
Current reading's percentile 8

Net margin against peers

Company Net margin
FORTY Formula Systems (1985) Ltd. compare 21.6%
PENG Penguin Solutions, Inc. compare 8.73%
GLOB Globant S.A. compare 4.63%
DXC DXC Technology Company. compare 0.91%
KD Kyndryl Holdings, Inc. compare 0.52%
CNXC Concentrix Corporation compare −24.0%
CIFR Cipher Digital Inc. −742.3%
CSQR Csquare, Inc. compare —
MGRT Mega Fortune Company Limited compare —
Information Technology Services industry median 0.79%
Technology sector median 0.00%
Market median 1.14%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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