Cipher Mining Inc. (CIFR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.89B | 2.65B | 1.42B | 219.66M | 154.56M | 168.21M | 151.76M | 309.4M | 250.23M | 155.5M | 54.42M | 42.32M | 36.48M | 47.73M | 69.77M | 47.85M | 111.09M | 223.66M | 297.63M | 375.31K |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | 1.07 | 1.46 | 2.44 | 1.24 | 0.9 | 0.98 | 1.19 | 1.23 | 1.04 | 1.12 | 0.96 | 0.78 | 12.56 | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 3.17B | 2.02B | 207.38M | 43.05M | 45.8M | 35.03M | 30.67M | 48.3M | 34.23M | 35.55M | 37.05M | 28.05M | 21.41M | 21.07M | 30.39M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2.5B | 1.64B | 1.42B | 799.1M | 759.24M | 687.24M | 623.68M | 466.19M | 426.91M | 410.64M | 362.07M | 374.41M | 376.21M | 370.73M | 337.72M | 294.1M | 246.79M | 130.51M | 84.03M | 170.03M |
| Property, Plant & Equipment | 1.31B | 633.78M | 661.74M | 669.2M | 612.67M | 532.3M | 465.84M | 307.06M | 245.36M | 281.7M | 263.91M | 274.1M | 269.04M | 269.29M | 246.09M | 225.86M | 228.06M | 119.98M | 74.48M | 0 |
| Fixed Asset Turnover | - | 0.09x | 0.11x | 0.07x | 0.09x | 0.08x | 0.06x | 0.13x | 0.18x | 0.16x | 0.11x | 0.11x | 0.08x | 0.01x | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 77.16M | 77.39M | 9.43M | 9.23M | 9.04M | 8.88M | 25.74M | 8.5M | 8.16M | 8.11M | 0 | 0 | 0 | 596K | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 327.2M | 42.29M | 45.9M | 48.5M | 53.91M | 54.97M | 49.95M | 119.34M | 35.26M | 33.61M | 33.1M | 34.53M | 37.48M | 31.69M | 56.83M | 7.37M | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 6.39B | 4.29B | 2.84B | 1.02B | 913.79M | 855.45M | 775.44M | 775.59M | 677.14M | 566.14M | 416.49M | 416.72M | 412.69M | 418.46M | 407.49M | 341.95M | 357.88M | 354.17M | 381.66M | 170.41M |
| Asset Turnover | - | 0.02x | 0.04x | 0.05x | 0.06x | 0.05x | 0.03x | 0.05x | 0.08x | 0.09x | 0.07x | 0.08x | 0.05x | 0.01x | - | - | - | - | - | - |
| Asset Growth % | 599.68% | 401.72% | 266.36% | 31.35% | 34.95% | 51.1% | 86.18% | 86.12% | 64.08% | 35.29% | 2.21% | 21.87% | 15.31% | 18.15% | 6.77% | 100.67% | 109.31% | 204518.03% | 135516.41% | - |
| Total Current Liabilities | 1.25B | 699.07M | 570.25M | 52.51M | 138.74M | 131.78M | 59.09M | 36.45M | 30.98M | 33.79M | 38.89M | 38.7M | 33.3M | 40.33M | 19.61M | 23.56M | 10.02M | 499.25K | 1.41M | 918.87K |
| Accounts Payable | 197.92M | 40.06M | 12.46M | 14.87M | 29.88M | 22.7M | 13.15M | 13.73M | 7.52M | 6.53M | 6.16M | 3.61M | 12.22M | 17.37M | 7.88M | 16.78M | 5.85M | 242K | 127.88K | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 361.6M | 37.79M | 0 | 0 | 35.46M | 32.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 686.18M | 615.25M | 534.44M | 5.16M | 3.89M | 9.61M | 6.54M | 3.85M | 16.89M | 6.37M | 4.48M | 1.76M | 106K | 223K | 204K | 0 | 119K | 4.25K | 0 | 918.87K |
| Current Ratio | 3.13x | 3.79x | 2.49x | 4.18x | 1.11x | 1.28x | 2.57x | 8.49x | 8.08x | 4.60x | 1.40x | 1.09x | 1.10x | 1.18x | 3.56x | 2.03x | 11.08x | 447.99x | 211.52x | 0.41x |
| Quick Ratio | 3.13x | 3.79x | 2.49x | 4.18x | 1.11x | 1.28x | 2.57x | 8.49x | 8.08x | 4.60x | 1.40x | 1.09x | 1.10x | 1.18x | 3.56x | 2.03x | 11.08x | 447.99x | 211.52x | 0.41x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.41B | 2.76B | 1.49B | 217.35M | 40.26M | 41.72M | 44.35M | 48.38M | 45.24M | 41.01M | 34.91M | 34.82M | 34.76M | 35.24M | 4.78M | 5.05M | 5.37M | 136.8K | 271.32K | 199.4K |
| Long-Term Debt | 8.32M | 2.72B | 1.02B | 167.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 5.65B | 3.46B | 2.06B | 269.86M | 179M | 173.49M | 103.45M | 84.82M | 76.22M | 74.8M | 73.8M | 73.51M | 68.06M | 75.57M | 24.39M | 28.61M | 15.39M | 636.05K | 1.68M | 1.12M |
| Total Debt | 369.93M | 2.77B | 1.04B | 189.29M | 58.38M | 56.39M | 23.16M | 23.32M | 20.95M | 21.98M | 25.27M | 29.42M | 20.81M | 20.66M | 5.76M | 6M | 5.83M | 0 | 0 | 0 |
| Net Debt | -345.28M | 2.14B | -163.46M | 126.58M | 35.21M | 50.8M | -2.19M | -99.24M | -67.73M | -64.13M | 21.93M | 27.68M | 16.89M | 8.73M | -22.35M | -31.04M | -93.66M | -209.84M | -282.28M | -127.72K |
| Debt / Equity | 0.50x | 3.31x | 1.33x | 0.25x | 0.08x | 0.08x | 0.03x | 0.03x | 0.03x | 0.04x | 0.07x | 0.09x | 0.06x | 0.06x | 0.02x | 0.02x | 0.02x | - | - | - |
| Debt / EBITDA | - | - | 46.67x | - | 10.16x | 1.05x | - | 5.31x | 0.33x | 0.67x | - | 11.52x | 2.68x | - | 0.10x | - | - | - | - | - |
| Net Debt / EBITDA | - | - | -7.31x | - | 6.13x | 0.95x | - | -22.60x | -1.05x | -1.96x | - | 10.84x | 2.18x | - | -0.38x | - | - | - | - | - |
| Interest Coverage | -0.50x | -21.13x | -1.79x | -38.46x | -48.98x | 27.34x | -260.72x | -38.69x | 114.66x | 32.31x | -30.45x | -24.94x | -10.18x | -362.41x | - | - | - | - | -91.70x | -547.00x |
| Total Equity | 739.87M | 835.85M | 783.2M | 748.9M | 734.79M | 681.95M | 671.99M | 690.77M | 600.92M | 491.34M | 342.69M | 343.21M | 344.62M | 342.89M | 383.1M | 313.34M | 342.49M | 353.53M | 379.98M | 169.29M |
| Equity Growth % | 0.69% | 22.57% | 16.55% | 8.42% | 22.28% | 38.8% | 96.09% | 101.27% | 74.37% | 43.29% | -10.55% | 9.53% | 0.62% | -3.01% | 0.82% | 85.09% | 122.58% | 10159041.58% | 1773512.4% | - |
| Book Value per Share | 1.83 | 2.19 | 2.08 | 2.00 | 2.04 | 1.87 | 2.02 | 2.20 | 1.97 | 1.69 | 1.36 | 1.38 | 1.39 | 1.39 | 1.54 | 1.26 | 1.37 | 1.40 | 1.75 | 0.85 |
| Total Shareholders' Equity | 714.19M | 805.53M | 783.2M | 748.9M | 734.79M | 681.95M | 671.99M | 690.77M | 600.92M | 491.34M | 342.69M | 343.21M | 344.62M | 342.89M | 383.1M | 313.34M | 342.49M | 353.53M | 379.98M | 169.29M |
| Common Stock | 413K | 412K | 395K | 388K | 371K | 361K | 356K | 336K | 313K | 296K | 259K | 254K | 253K | 251K | 251K | 251K | 254K | 252.13K | 246.38K | 170M |
| Retained Earnings | -1.12B | -1B | -269.45M | -266.17M | -220.39M | -181.41M | -198.92M | -112.17M | -96.88M | -136.78M | -148.22M | -130.51M | -117.81M | -111.21M | -59.58M | -118.87M | -89.66M | -72.16M | -3.09M | -2.17M |
| Treasury Stock | 0 | -7K | -2K | -2K | -1K | -11K | -8K | -7K | -6K | -5K | -5K | -4K | -4K | -4K | -4K | -4K | -4K | -2.85K | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 25.68M | 30.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |