Cipher Digital (CIFR) Construction in Progress (2024 - 2026)

Cipher Digital's (CIFR) quarterly Construction in Progress came in at $834.4 million in Q1 2026, up 594.18% year-on-year from $120.2 million in Q1 2025, and up 201.77% quarter-over-quarter from $276.5 million in Q4 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.

  • On a quarterly basis, Construction in Progress rose 594.18% year-over-year to $834.4 million in Q1 2026; TTM through Mar 2026 was $834.4 million, a 594.18% increase from a year earlier, with the FY2025 full-year figure at $276.5 million, up 237.2% from the prior year.
  • Construction in Progress climbed to $834.4 million in Q1 2026 per CIFR's latest filing, from $276.5 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $834.4 million in Q1 2026 and bottomed at $11.9 million in Q2 2025.
  • The 3-year median for Construction in Progress is $68.8 million (2024), against an average of $176.5 million.
  • Across the five-year window, Construction in Progress slumped 78.24% in 2025 and soared 594.18% in 2026, its largest moves.
  • Year by year, Construction in Progress 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.
  • Per Business Quant, the three latest CIFR Construction in Progress figures stand at $834.4 million (Q1 2026), $276.5 million (Q4 2025), and $12.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn -
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn -
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn -
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn -
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn -
10 Cipher Digital 10.46 Bn 9.75 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