Cipher Digital (CIFR) Change in Intangibles (2023 - 2025)
Cipher Digital (CIFR) recorded Change in Intangibles of $31.41 million in Q4 2025, compared with -$15.62 million a year earlier.
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Analysis
Cipher Digital (CIFR) Change in Intangibles (2023 - 2025) Analysis & Trends
For FY2025, Cipher Digital reported Change in Intangibles of $32.55 million.
- Annual Change in Intangibles has a three-year compound annual growth rate of 279.4% (FY2022 to FY2025).
- Across earlier years, Change in Intangibles came in at $1.42 million in FY2024 (+124.4%), $634,000 in FY2023 (+6.4%) and $596,000 in FY2022.
- The Q4 2025 figure is the highest quarterly Change in Intangibles in data going back to Q4 2023.
- Per Business Quant, the preceding three quarters came in at $408,000 (Q3 2025), $383,000 (Q2 2025) and $352,000 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | 11.22 Mn |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | - |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | - |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 80.83 Mn |
| 10 | Cipher Digital | 6.51 Bn | 3.15 Bn | 9.79 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 31.41 Mn |
| Sep 30, 2025 | 408,000.00 |
| Jun 30, 2025 | 383,000.00 |
| Mar 31, 2025 | 352,000.00 |
| Dec 31, 2024 | -15.62 Mn |
| Sep 30, 2024 | 16.35 Mn |
| Jun 30, 2024 | 498,000.00 |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | 634,000.00 |
API Access
Cipher Digital Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "CIFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();