Cipher Digital CIFR
NASDAQ CIFR
$16.73 +1.64 (+10.89%)
As of: Sep 16, 2026 · 3:59 PM EDT

Cipher Digital (CIFR) Accumulated Expenses (2020 - 2026)

Cipher Digital (CIFR) posted Accumulated Expenses of $356.7 million for Q2 2026, up 74.34% on a QoQ basis from $204.6 million in Q1 2026, and up 1082.06% year-over-year from $30.2 million in Q2 2025.

Analysis

Cipher Digital (CIFR) Accumulated Expenses (2020 - 2026) Analysis & Trends

Cipher Digital has reported Accumulated Expenses for 7 years, with the latest figure at $356.7 million in Q2 2026.

  • On a quarterly basis, Accumulated Expenses rose 1082.06% year-over-year to $356.7 million in Q2 2026; TTM through Jun 2026 was $356.7 million, a 1082.06% increase from a year earlier, with the FY2025 full-year figure at $90.1 million, up 29.02% from the prior year.
  • Accumulated Expenses was $356.7 million for Q2 2026 at Cipher Digital, up from $204.6 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $356.7 million in Q2 2026, with the low at $3.6 million in Q1 2022.
  • Average Accumulated Expenses over 5 years is $58.9 million, with a median of $23.8 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Accumulated Expenses surged 13843.81% in 2022, then fell 21.5% in 2024.
  • Over 5 years, Accumulated Expenses stood at $19.4 million in 2022, then rose by 15.95% to $22.4 million in 2023, then surged by 211.17% to $69.8 million in 2024, then rose by 29.02% to $90.1 million in 2025, then surged by 296.01% to $356.7 million in 2026.
  • The last three Accumulated Expenses figures came in at $356.7 million (Q2 2026), $204.6 million (Q1 2026), and $90.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 356.75 Mn
Mar 31, 2026 204.63 Mn
Dec 31, 2025 90.09 Mn
Sep 30, 2025 37.55 Mn
Jun 30, 2025 30.18 Mn
Mar 31, 2025 66.30 Mn
Dec 31, 2024 69.82 Mn
Sep 30, 2024 40.76 Mn
Jun 30, 2024 17.86 Mn
Mar 31, 2024 18.66 Mn
Dec 31, 2023 22.44 Mn
Sep 30, 2023 24.81 Mn
Jun 30, 2023 22.75 Mn
Mar 31, 2023 17.34 Mn
Dec 31, 2022 19.35 Mn
Sep 30, 2022 10.73 Mn
Jun 30, 2022 5.81 Mn
Mar 31, 2022 3.61 Mn
Dec 31, 2021 257,000.00
Sep 30, 2021 76,923.00