Growth Metrics

Cipher Mining (CIFR) Cost of Revenue: 2023-2025

Historic Cost of Revenue for Cipher Mining (CIFR) over the last 3 years, with Sep 2025 value amounting to $26.7 million.

  • Cipher Mining's Cost of Revenue rose 77.47% to $26.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $75.2 million, marking a year-over-year increase of 30.81%. This contributed to the annual value of $62.4 million for FY2024, which is 23.96% up from last year.
  • Latest data reveals that Cipher Mining reported Cost of Revenue of $26.7 million as of Q3 2025, which was up 74.38% from $15.3 million recorded in Q2 2025.
  • Over the past 5 years, Cipher Mining's Cost of Revenue peaked at $26.7 million during Q3 2025, and registered a low of $8.1 million during Q1 2023.
  • Over the past 3 years, Cipher Mining's median Cost of Revenue value was $14.9 million (recorded in 2025), while the average stood at $15.4 million.
  • Examining YoY changes over the last 5 years, Cipher Mining's Cost of Revenue showed a top increase of 82.04% in 2024 and a maximum decrease of 10.00% in 2024.
  • Over the past 3 years, Cipher Mining's Cost of Revenue (Quarterly) stood at $13.3 million in 2023, then spiked by 36.92% to $18.2 million in 2024, then surged by 77.47% to $26.7 million in 2025.
  • Its Cost of Revenue stands at $26.7 million for Q3 2025, versus $15.3 million for Q2 2025 and $14.9 million for Q1 2025.