Cipher Digital (CIFR) Common Equity (2020 - 2026)
Cipher Digital's Common Equity came in at $562.1 million for Q2 2026, down 24.9% from $748.9 million a year earlier and down 21.3% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Common Equity (2020 - 2026) Analysis & Trends
At the end of FY2025, Cipher Digital's Common Equity was $805.54 million, up 18.1% from FY2024.
- Common Equity has increased in each of the last three years, with a five-year compound annual growth rate of 259.1% (FY2020 to FY2025).
- Going back by year, Common Equity was $681.95 million in FY2024 (+38.8%), $491.34 million in FY2023 (+43.3%), $342.89 million in FY2022 (-3.0%) and $353.53 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Common Equity since Q4 2023.
- Year-over-year, Common Equity increased in six of the last eight quarters, with growth averaging 21.5%.
- The fastest year-over-year change in Common Equity over five years came in Q2 2024 (growth of 100.2%), and the weakest in Q2 2026 (a decline of 24.9%).
- Business Quant data shows CIFR's Common Equity at $714.19 million (Q1 2026), $805.54 million (Q4 2025) and $783.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,946.21 Bn | 3,869.37 Bn | 60.48 Bn | 442.39 Bn |
| 2 | International Business Machines | 235.48 Bn | 235.48 Bn | 9.71 Bn | 36.21 Bn |
| 3 | Cloudflare | 116.30 Bn | 99.82 Bn | 499.52 Mn | 1.62 Bn |
| 4 | Equinix | 98.60 Bn | 87.17 Bn | 1.40 Bn | 14.38 Bn |
| 5 | Nebius | 41.43 Bn | 14.87 Bn | 448.70 Mn | 10.34 Bn |
| 6 | CoreWeave | 32.82 Bn | 19.91 Bn | 1.70 Bn | 5.02 Bn |
| 7 | Verisign | 27.43 Bn | 24.79 Bn | 393.20 Mn | -2.28 Bn |
| 8 | Nutanix | 19.54 Bn | 11.22 Bn | 651.35 Mn | 702.57 Mn |
| 9 | Akamai Technologies | 14.39 Bn | 7.80 Bn | 613.75 Mn | 4.75 Bn |
| 10 | Cipher Digital | 3.47 Bn | 84.73 Mn | 9.79 Mn | 562.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 562.10 Mn |
| Mar 31, 2026 | 714.19 Mn |
| Dec 31, 2025 | 805.54 Mn |
| Sep 30, 2025 | 783.20 Mn |
| Jun 30, 2025 | 748.90 Mn |
| Mar 31, 2025 | 734.80 Mn |
| Dec 31, 2024 | 681.95 Mn |
| Sep 30, 2024 | 671.99 Mn |
| Jun 30, 2024 | 690.77 Mn |
| Mar 31, 2024 | 600.92 Mn |
| Dec 31, 2023 | 491.34 Mn |
| Sep 30, 2023 | 343.54 Mn |
| Jun 30, 2023 | 344.97 Mn |
| Mar 31, 2023 | 346.88 Mn |
| Dec 31, 2022 | 342.89 Mn |
| Sep 30, 2022 | 383.10 Mn |
| Jun 30, 2022 | 313.34 Mn |
| Mar 31, 2022 | 342.49 Mn |
| Dec 31, 2021 | 353.53 Mn |
| Sep 30, 2021 | 379.98 Mn |
API Access
Cipher Digital Common Equity 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=common-equity&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();