CIFRNasdaqFinance ServicesFiscal year ends December 31
Cipher Digital Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$8.94−0.04 (-0.45%)
Close on Oct 19, 2026
- Market cap
- $3.66B
- P/E (TTM)
- –
- Dividend yield
- –
Cipher Digital statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Finance Services companies for comparison
Valuation
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Market Cap | $3.71B | $196.46M |
| Enterprise Value | $8.51B | $150.89M |
| PS Ratio | 19.42 | 2.66 |
| PB Ratio | 6.60 | 1.17 |
| P/TBV Ratio | 7.65 | 1.40 |
Enterprise value
| Measure | Cipher Digital | Industry median |
|---|---|---|
| EV / Sales | 44.56 | 2.72 |
Income (trailing twelve months)
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Revenue | $191.09M | $61.19M |
| Gross Profit | $107.35M | $1.92M |
| Operating Income | -$531.34M | -$13.74M |
| Pretax Income | -$1.12B | -$4.40M |
| Net Income | -$1.12B | -$5.10M |
| EBITDA | -$381.54M | -$9.50M |
| EPS (Diluted) | -$2.79 | -$0.02 |
Margins
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Gross Margin | 56.2% | 43.9% |
| Operating Margin | -278.1% | -125.1% |
| Pretax Margin | -587.6% | -25.1% |
| Profit Margin | -585.8% | -21.0% |
| EBITDA Margin | -199.7% | -67.0% |
| FCF Margin | -779.9% | -22.8% |
Returns
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Return on Equity (ROE) | -170.8% | -22.3% |
| Return on Assets (ROA) | -26.3% | -11.7% |
| Return on Invested Capital (ROIC) | -13.5% | -33.1% |
| Return on Capital Employed (ROCE) | -8.68% | -23.7% |
Growth
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 20.3% | 19.7% |
| Revenue Growth (3Y CAGR) | 319.3% | 5.53% |
Balance sheet
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $831.83M | $19.74M |
| Total Debt | $5.64B | $52.25M |
| Net Cash (Debt) | -$4.80B | $7.29M |
| Net Cash Per Share | -$11.58 | $0.22 |
| Equity (Book Value) | $562.06M | $165.65M |
| Book Value Per Share | $1.35 | $3.80 |
| Tangible Book Value | $485.13M | $127.24M |
| Working Capital | $2.75B | $8.81M |
Financial position
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Current Ratio | 3.00 | 1.44 |
| Quick Ratio | 0.60 | 0.53 |
| Debt / Equity | 10.03 | 0.20 |
| Interest Coverage | -3.31 | -8.59 |
Cash flow (trailing twelve months)
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Operating Cash Flow | -$256.49M | -$5.46M |
| Capital Expenditures | -$1.23B | -$4.61M |
| Free Cash Flow | -$1.49B | -$13.78M |
| FCF Per Share | -$3.59 | -$0.25 |
Efficiency
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Asset Turnover | 0.04 | 0.16 |
| Revenue Per Employee | $2.90M | $705.30K |
| Profits Per Employee | -$16.96M | -$248.19K |
| Employee Count | 66 | 48 |
Dividends and yields
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Earnings Yield | -30.2% | -10.4% |
| FCF Yield | -40.2% | -14.8% |
| Buyback Yield | -2.82% | 0.12% |
| Shareholder Yield | -2.82% | 0.14% |
Shares
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Shares Outstanding | 415,031,000 | 56,031,200 |
| Shares Change (YoY) | 13.3% | 12.9% |
| Shares Change (QoQ) | 2.22% | 0.24% |
| Float | 285,285,000 | 43,790,000 |
| Shares Held by Insiders | 31.3% | 17.3% |
| Shares Held by Institutions | 89.0% | 34.2% |
Taxes
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Income Tax | -$3.60M | $91.74K |
Scores
| Measure | Cipher Digital | Industry median |
|---|---|---|
| Altman Z-Score | 0.30 | 0.30 |
| Piotroski F-Score | 3 | 4 |
Calculated by StockData from Cipher Digital's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.