Cipher Digital (CIFR) Cash from Operations (2020 - 2026)
Cipher Digital (CIFR) posted Cash from Operations of -$243.5 million for Q2 2026, down 366.07% on a QoQ basis from $91.5 million in Q1 2026, and down 333.21% year-over-year from $104.4 million in Q2 2025.
Analysis
Cipher Digital (CIFR) Cash from Operations (2020 - 2026) Analysis & Trends
Cipher Digital has reported Cash from Operations for 7 years, with the latest figure at -$243.5 million in Q2 2026.
- On a quarterly basis, Cash from Operations fell 333.21% year-over-year to -$243.5 million in Q2 2026; TTM through Jun 2026 was -$256.5 million, a 84.55% decrease from a year earlier, with the FY2025 full-year figure at -$207.9 million, down 137.61% from the prior year.
- Cash from Operations was -$243.5 million for Q2 2026 at Cipher Digital, down from $91.5 million in the prior quarter.
- The five-year high for Cash from Operations was $91.5 million in Q1 2026, with the low at -$243.5 million in Q2 2026.
- Average Cash from Operations over 5 years is -$31.3 million, with a median of -$21.9 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Cash from Operations slumped 7280.0% in 2022, then jumped 293.77% in 2026.
- Over 5 years, Cash from Operations stood at -$12.0 million in 2022, then plunged by 298.5% to -$47.9 million in 2023, then jumped by 39.52% to -$29.0 million in 2024, then sank by 87.84% to -$54.4 million in 2025, then tumbled by 347.42% to -$243.5 million in 2026.
- The last three Cash from Operations figures came in at -$243.5 million (Q2 2026), $91.5 million (Q1 2026), and -$54.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 1.07 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -136.71 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -243.54 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 132.55 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 208.73 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -18.93 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 32.14 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 | -4.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -243.54 Mn |
| Mar 31, 2026 | 91.53 Mn |
| Dec 31, 2025 | -54.43 Mn |
| Sep 30, 2025 | -50.05 Mn |
| Jun 30, 2025 | -56.22 Mn |
| Mar 31, 2025 | -47.24 Mn |
| Dec 31, 2024 | -28.98 Mn |
| Sep 30, 2024 | -6.55 Mn |
| Jun 30, 2024 | -25.35 Mn |
| Mar 31, 2024 | -26.64 Mn |
| Dec 31, 2023 | -47.92 Mn |
| Sep 30, 2023 | -18.53 Mn |
| Jun 30, 2023 | -17.65 Mn |
| Mar 31, 2023 | -10.14 Mn |
| Dec 31, 2022 | -12.02 Mn |
| Sep 30, 2022 | 1.04 Mn |
| Jun 30, 2022 | -6.61 Mn |
| Mar 31, 2022 | -3.32 Mn |
| Dec 31, 2021 | -4.57 Mn |
| Sep 30, 2021 | -26.10 Mn |