Cipher Digital Inc. Common Stock (CIFR) Financials
Key financial figures for Cipher Digital Inc. Common Stock (Q3 2026).
Cipher Digital recognized its first HPC lease revenue ($5.9M) in Q3 2026 as total revenue fell to $26.7M from $71.7M a year earlier while bitcoin mining wound down. Total revenue was $26.7M versus $71.7M in Q3 2025: bitcoin mining revenue was $20.8M (from $71.7M) and HPC leasing contributed $5.9M, the first such revenue, after Black Pearl rent commenced in August 2026. GAAP operating loss was $71.9M versus $37.6M a year earlier; Adjusted EBITDA was negative $10.0M versus $40.8M in Q3 2025 (recast to the new Adjusted EBITDA definition). Net income was $31.6M versus a $3.3M net loss, helped by a $127.2M non-cash gain on the change in fair value of the warrant liability; diluted EPS was $(0.22) (basic $0.08) versus $(0.01). Figures are for Q3 2026, as Cipher Digital Inc. reported them.
- Revenue
- $27M
- Net Income
- $32M
- EPS
- $0.08
- Total Assets
- $7.7B
- Operating Cash Flow
- -$131M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $27M | $32M | -$0.22 | -271.14% | -$1.7B |
| Q2 FY2026 | $25M | -$268M | -$0.65 | -292.45% | -$654M |
| Q1 FY2026 | $35M | -$114M | -$0.28 | -139.57% | -$462M |
| Q4 FY2025 | $60M | -$734M | -$1.93 | -383.42% | -$285M |
| Q3 FY2025 | $72M | -$3M | -$0.01 | -52.46% | -$95M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $224M | -$822M | -$2.15 | -150.67% | -$696M |
| FY2024 | $151M | -$45M | -$0.14 | -28.89% | -$227M |
| FY2023 | $127M | -$26M | -$0.10 | -15.86% | -$149M |
Frequently asked questions
What was Cipher Digital Inc.'s revenue last quarter?
Cipher Digital Inc. reported revenue of $26.7 million for Q3 FY2026, down 62.8% from the same period a year earlier.
Is Cipher Digital Inc. profitable?
Yes. Cipher Digital Inc. reported net income of $31.6 million for Q3 FY2026, a net margin of 118.33% on revenue.
How has Cipher Digital Inc.'s margin trended?
Operating margin was -271.14% in Q3 FY2026, compared with -52.46% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Cipher Digital Inc. generate?
Cipher Digital Inc. generated free cash flow of -$1.68 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Cipher Digital Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.