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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |