CIFR - NASDAQ
Cipher Mining Inc.
$26.24
+9.3%Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.
At a Glance
Live SnapshotCipher Mining Inc. Profit Bridge
Profitability Analysis
Gross Margin
Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
Cipher Mining Inc. Income Statement
CIFR • NASDAQ
| Cipher Mining Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
REVENUE | ||||||
223.9M | 151.3M | 126.8M | 3M | 0.0 | 0.0 | |
GROSS PROFIT | ||||||
(359.3M) | (123.2M) | (50.3M) | (748K) | (4.9K) | (0.0) | |
-135.4M | 28.1M | 76.5M | 2.3M | -4.9K | 0.0 | |
OPERATING INCOME | ||||||
(36.4M) | (71.8M) | (96.6M) | (39.7M) | (72.1M) | (153.7K) | |
(36.4M) | (32.7M) | (85.2M) | (70.8M) | (72.1M) | (153.7K) | |
-171.8M | -43.7M | -20.1M | -37.4M | -72.2M | -153.7K | |
PRE-TAX INCOME | ||||||
(36.6M) | (1.7M) | (2M) | (137K) | (25.1K) | (0.0) | |
-17.1M | 1.7M | -1.8M | 78K | -25.1K | 27.3K | |
(0.0) | (39.2M) | (11.5M) | -31.1M | (0.0) | (0.0) | |
-653.8M | -618K | -2.1M | 208K | -753.0 | 1.3M | |
-823.2M | -44.3M | -22.2M | -37.2M | -72.2M | 1.1M | |
NET INCOME | ||||||
-3.3M | (318K) | (3.6M) | (1.8M) | (0.0) | (0.0) | |
-822.2M | -44.6M | -25.8M | -39.1M | -72.2M | 1.1M |
SEC Filings
CIFR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 20, 2026 | April 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 25, 2026 | March 23, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 24, 2026 | February 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 11, 2026 | February 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 11, 2026 | February 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 03, 2026 | February 03, 2026 | 2026 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
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Analyst Expectations
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