Cipher Digital (CIFR) EBIT (2020 - 2026)
Cipher Digital (CIFR) posted EBIT of -$78.5 million for Q2 2026, up 31.45% on a QoQ basis from -$114.6 million in Q1 2026, and down 73.59% year-over-year from -$297.3 million in Q2 2025.
Analysis
Cipher Digital (CIFR) EBIT (2020 - 2026) Analysis & Trends
Cipher Digital has reported EBIT for 7 years, with the latest figure at -$78.5 million in Q2 2026.
- On a quarterly basis, EBIT fell 73.59% year-over-year to -$78.5 million in Q2 2026; TTM through Jun 2026 was -$531.3 million, a 237.05% decrease from a year earlier, with the FY2025 full-year figure at -$421.6 million, down 864.7% from the prior year.
- EBIT was -$78.5 million for Q2 2026 at Cipher Digital, up from -$114.6 million in the prior quarter.
- The five-year high for EBIT was $59.2 million in Q3 2022, with the low at -$300.6 million in Q4 2025.
- Average EBIT over 5 years is -$39.8 million, with a median of -$24.2 million recorded in 2022.
- The largest YoY upside for EBIT was 2694.52% in 2022 against a maximum downside of 15434.51% in 2022.
- Over 5 years, EBIT stood at -$49.8 million in 2022, then surged by 130.54% to $15.2 million in 2023, then increased by 12.36% to $17.1 million in 2024, then slumped by 1860.04% to -$300.6 million in 2025, then surged by 73.87% to -$78.5 million in 2026.
- The last three EBIT figures came in at -$78.5 million (Q2 2026), -$114.6 million (Q1 2026), and -$300.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn | 665.00 Mn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn | -140.45 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn | -124.82 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn | -78.54 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn | 64.50 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn | -78.47 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn | 33.67 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn | 11.79 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn | -9.26 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | -9.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -78.54 Mn |
| Mar 31, 2026 | -114.57 Mn |
| Dec 31, 2025 | -300.62 Mn |
| Sep 30, 2025 | -37.62 Mn |
| Jun 30, 2025 | -45.24 Mn |
| Mar 31, 2025 | -38.09 Mn |
| Dec 31, 2024 | 17.08 Mn |
| Sep 30, 2024 | -91.39 Mn |
| Jun 30, 2024 | -16.17 Mn |
| Mar 31, 2024 | 46.79 Mn |
| Dec 31, 2023 | 15.20 Mn |
| Sep 30, 2023 | -19.11 Mn |
| Jun 30, 2023 | -12.09 Mn |
| Mar 31, 2023 | -4.12 Mn |
| Dec 31, 2022 | -49.77 Mn |
| Sep 30, 2022 | 59.23 Mn |
| Jun 30, 2022 | -29.33 Mn |
| Mar 31, 2022 | -17.55 Mn |
| Dec 31, 2021 | -69.21 Mn |
| Sep 30, 2021 | -2.28 Mn |