Cipher Mining Inc. (CIFR) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -17.7M | 730K | 30.53M | 12.58M | 19.76M | 7.29M | -5.7M | 6.24M | 20.28M | 30.13M | 225K | 2.69M | 1.82M | 3.04M | 0 | 0 | 0 | -3.44K | 0 | 0 |
| Gross Margin % | - | 1.22% | 42.57% | 28.87% | 40.36% | 17.25% | -23.65% | 16.96% | 42.13% | 69.39% | 0.74% | 8.61% | 8.3% | 100% | - | - | - | - | - | - |
| Gross Profit Growth % | -189.59% | -89.98% | 635.69% | 101.47% | -2.56% | -75.82% | -2632.89% | 132.22% | 1016.18% | 892% | - | - | - | 88282.35% | - | - | - | - | - | - |
| Operating Expenses | 11.74M | 229.67M | 68.15M | 57.82M | 57.85M | -9.79M | 85.69M | 22.41M | -26.5M | 14.29M | 19.33M | 14.78M | 5.94M | 52.81M | -59.23M | 29.33M | 17.55M | 69.21M | 2.28M | 547K |
| OpEx % of Revenue | - | 384.64% | 95.03% | 132.72% | 118.16% | -23.2% | 355.55% | 60.89% | -55.06% | 32.9% | 63.79% | 47.33% | 27.12% | 1738.92% | - | - | - | - | - | - |
| Selling, General & Admin | 11.74M | 10.19M | 8.17M | 9.08M | 8.95M | 9.29M | 8.92M | 8.37M | 6.08M | 22.54M | 6.83M | 8.67M | 5.48M | 18.99M | 17.75M | 16.7M | 17.39M | 69.21M | 2.28M | 546K |
| SG&A % of Revenue | - | 17.06% | 11.39% | 20.84% | 18.28% | 22.01% | 37.01% | 22.73% | 12.62% | 51.92% | 22.53% | 27.76% | 25.04% | 625.19% | - | - | - | - | - | - |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -29.45M | -228.94M | -37.62M | -45.24M | -38.09M | 17.08M | -91.39M | -16.17M | 46.79M | 15.84M | -19.11M | -12.09M | -4.12M | -49.77M | 59.23M | -29.33M | -17.55M | -69.21M | -2.28M | -547K |
| Operating Margin % | - | -383.42% | -52.46% | -103.85% | -77.8% | 40.45% | -379.2% | -43.93% | 97.19% | 36.49% | -63.05% | -38.72% | -18.82% | -1638.92% | - | - | - | - | - | - |
| Operating Income Growth % | 22.69% | -1440.42% | 58.84% | -179.78% | -181.41% | 7.81% | -378.35% | -33.77% | 1235.31% | 131.83% | -132.26% | 58.78% | 76.52% | 28.08% | 2694.36% | -5261.24% | -15434.51% | -46014.22% | -63746.39% | - |
| EBITDA | -48.46M | -176.63M | 22.37M | -759K | 5.75M | 53.76M | -62.44M | 4.39M | 64.28M | 32.78M | -2.65M | 2.55M | 7.76M | -45.21M | 59.45M | -29.11M | -17.41M | -69.21M | -2.28M | -546K |
| EBITDA Margin % | - | -295.81% | 31.2% | -1.74% | 11.74% | 127.32% | -259.04% | 11.93% | 133.54% | 75.51% | -8.75% | 8.18% | 35.42% | -1488.51% | - | - | - | - | - | - |
| EBITDA Growth % | -943.22% | -428.57% | 135.83% | -117.29% | -91.06% | 63.97% | -2253.37% | 71.99% | 728.83% | 172.52% | -104.46% | 108.77% | 144.56% | 34.68% | 2705.01% | -5231.69% | -15304.42% | -6303.99% | -63721.48% | - |
| D&A (Non-Cash Add-back) | -19.01M | 52.31M | 59.99M | 44.48M | 43.84M | 36.68M | 28.96M | 20.56M | 17.5M | 16.94M | 16.45M | 14.64M | 11.88M | 4.57M | 220K | 215K | 147K | 3.44K | 891 | 1K |
| EBIT | 0 | -704.92M | -2.3M | -43.73M | -38.05M | 16.13M | -90.21M | -14.39M | 45.86M | 15.7M | -19.09M | -12.1M | -4.08M | -49.65M | 59.29M | -29.22M | -17.5M | -69.07M | -2.4M | -547K |
| Net Interest Income | 0 | -14.82M | -829K | -841K | -587K | -233K | 842K | 681K | 386K | -434K | -616K | -460K | -325K | -28K | 55K | 44K | 7K | 3.56K | -25.34K | -1K |
| Interest Income | 31.59M | 18.54M | 457K | 296K | 190K | 357K | 1.19M | 1.05M | 786K | 52K | 11K | 25K | 76K | 109K | 55K | 44K | 7K | 3.56K | 775 | 0 |
| Interest Expense | -59.16M | 33.36M | 1.29M | 1.14M | 777K | 590K | 346K | 372K | 400K | 486K | 627K | 485K | 401K | 137K | 0 | 0 | 0 | 0 | 26.12K | 1K |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -114.72M | -738.28M | -3.59M | -44.86M | -38.83M | 15.54M | -90.56M | -14.76M | 45.46M | 15.21M | -19.72M | -12.58M | -4.48M | -49.79M | 59.29M | -29.22M | -17.5M | -69.07M | -2.42M | -548K |
| Pretax Margin % | - | -1236.42% | -5% | -102.98% | -79.31% | 36.8% | -375.72% | -40.11% | 94.45% | 35.04% | -65.07% | -40.3% | -20.47% | -1639.35% | - | - | - | - | - | - |
| Income Tax | -407K | -4.07M | -303K | 917K | 144K | -1.97M | -3.8M | 528K | 5.56M | 3.98M | -1.1M | 615K | 70K | 1.84M | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0.35% | 0.55% | 8.45% | -2.04% | -0.37% | -12.69% | 4.2% | -3.58% | 12.24% | 26.15% | 5.56% | -4.89% | -1.56% | -3.7% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -114.32M | -734.21M | -3.28M | -45.78M | -38.98M | 17.51M | -86.75M | -15.29M | 39.9M | 11.24M | -18.62M | -13.2M | -4.55M | -51.63M | 59.29M | -29.22M | -17.5M | -69.07M | -2.42M | -548K |
| Net Margin % | - | -1229.6% | -4.58% | -105.09% | -79.61% | 41.47% | -359.95% | -41.54% | 82.89% | 25.88% | -61.45% | -42.27% | -20.79% | -1699.93% | - | - | - | - | - | - |
| Net Income Growth % | -193.31% | -4293.06% | 96.22% | -199.4% | -197.68% | 55.84% | -365.89% | -15.86% | 976.35% | 121.76% | -131.41% | 54.83% | 73.98% | 25.25% | 2548.89% | -5231.93% | -15385.84% | -6291.92% | -67606.46% | - |
| Net Income (Continuing) | -114.32M | -734.21M | -3.28M | -45.78M | -38.98M | 17.51M | -86.75M | -15.29M | 39.9M | 11.24M | -18.62M | -13.2M | -4.55M | -51.63M | 59.29M | -29.22M | -17.5M | -69.07M | -2.42M | -548K |
| Discontinued Operations | 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 |
| EPS (Diluted) | -0.28 | -1.93 | -0.01 | -0.12 | -0.11 | 0.05 | -0.26 | -0.05 | 0.13 | 0.04 | -0.07 | -0.05 | -0.03 | -0.21 | 0.24 | -0.12 | -0.07 | -0.30 | -0.01 | -0.00 |
| EPS Growth % | -154.55% | -3660.89% | 96.77% | -146.91% | -184.62% | 40.41% | -269.84% | 4.71% | 590.57% | 118.38% | -129.29% | 57.5% | 62.09% | 30% | 2262.16% | - | - | - | - | - |
| EPS (Basic) | -0.28 | -1.93 | -0.01 | -0.12 | -0.11 | 0.05 | -0.26 | -0.05 | 0.13 | 0.04 | -0.07 | -0.05 | -0.03 | -0.21 | 0.24 | -0.12 | -0.07 | -0.30 | -0.01 | -0.00 |
| Diluted Shares Outstanding | 405.11M | 381.6M | 376.37M | 375.05M | 360.51M | 364.35M | 332.68M | 314.35M | 304.4M | 290.96M | 251.79M | 249.13M | 248.65M | 247.55M | 248.34M | 247.73M | 250.17M | 251.98M | 217.66M | 200M |
| Basic Shares Outstanding | 405.11M | 381.6M | 376.37M | 375.05M | 360.51M | 348.1M | 332.68M | 314.35M | 296.64M | 290.96M | 251.79M | 249.13M | 248.65M | 247.55M | 247.51M | 247.73M | 250.17M | 248.65M | 217.64M | 200M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |