Growth Metrics

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

Cipher Mining (CIFR) has 3 years of Cost of Revenue data on record, last reported at $24.3 million in Q4 2025.

  • For Q4 2025, Cost of Revenue rose 33.29% year-over-year to $24.3 million; the TTM value through Dec 2025 reached $81.2 million, up 30.23%, while the annual FY2025 figure was $81.2 million, 30.23% up from the prior year.
  • Cost of Revenue reached $24.3 million in Q4 2025 per CIFR's latest filing, down from $26.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $26.7 million in Q3 2025 and bottomed at $8.1 million in Q1 2023.
  • Average Cost of Revenue over 3 years is $16.2 million, with a median of $15.0 million recorded in 2024.
  • The widest YoY moves for Cost of Revenue: up 82.04% in 2024, down 10.0% in 2024.
  • A 3-year view of Cost of Revenue shows it stood at $13.3 million in 2023, then surged by 36.92% to $18.2 million in 2024, then surged by 33.29% to $24.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $24.3 million in Q4 2025, $26.7 million in Q3 2025, and $15.3 million in Q2 2025.