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
DateValue
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