Cipher Digital (CIFR) Construction in Progress (2024 - 2026)
Cipher Digital (CIFR) recorded quarterly Construction in Progress of $834.4 million in Q1 2026, up 201.77% quarter-over-quarter from $276.5 million in Q4 2025, and up 594.18% on a YoY basis from $120.2 million in Q1 2025.
Cipher Digital (CIFR) Construction in Progress (2024 - 2026) Analysis & Trends
Cipher Digital's Construction in Progress history runs 3 years deep, the most recent figure standing at $834.4 million for Q1 2026.
- In Q1 2026, Construction in Progress rose 594.18% year-over-year to $834.4 million; the TTM figure through Mar 2026 stood at $834.4 million (up 594.18% YoY), while the FY2025 annual figure was $276.5 million, up 237.2% from the prior year.
- Construction in Progress was $834.4 million for Q1 2026 at Cipher Digital, up from $276.5 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $834.4 million in Q1 2026 to a low of $11.9 million in Q2 2025.
- Historically, Construction in Progress has averaged $176.5 million across 3 years, with a median of $68.8 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Construction in Progress slumped 78.24% in 2025, then jumped 594.18% in 2026.
- A 3-year view of Construction in Progress shows it stood at $82.0 million in 2024, then surged by 237.2% to $276.5 million in 2025, then soared by 201.77% to $834.4 million in 2026.
- The last three Construction in Progress figures came in at $834.4 million (Q1 2026), $276.5 million (Q4 2025), and $12.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 5.26 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | - |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | - |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | - |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Cipher Digital | 9.09 Bn | 8.38 Bn | 17.13 Mn | 834.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 834.40 Mn |
| Dec 31, 2025 | 276.50 Mn |
| Sep 30, 2025 | 12.10 Mn |
| Jun 30, 2025 | 11.90 Mn |
| Mar 31, 2025 | 120.20 Mn |
| Dec 31, 2024 | 82.00 Mn |
| Sep 30, 2024 | 55.60 Mn |
| Jun 30, 2024 | 19.50 Mn |