Cipher Digital (CIFR) EBIT Margin (2023 - 2026)
Cipher Digital (CIFR) reported EBIT Margin of -316.21% for Q2 2026, down 212.35 percentage points from -103.85% a year earlier but up 12.66 percentage points from the prior quarter.
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Analysis
Cipher Digital (CIFR) EBIT Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cipher Digital's EBIT Margin came in at -278.05%, down 178.81 percentage points year-over-year; for FY2025, it came in at -188.25%, down 159.36 percentage points from FY2024.
- EBIT Margin has a three-year change of +1043.92 percentage points (FY2022 to FY2025).
- By year, EBIT Margin came in at -28.89% in FY2024 (-13.03 pp), -15.86% in FY2023 (+1216.31 pp) and -1232.17% in FY2022.
- Five-year quarterly EBIT Margin spans a low of -503.45% in Q4 2025 and a high of 97.19% in Q1 2024.
- Year over year, EBIT Margin has now declined in each of the last three quarters, with an average year-over-year change of -153.27 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q3 2025 (a gain of 326.74 percentage points); the low point was Q4 2025 (a drop of 543.90 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -328.86% (Q1 2026), -503.45% (Q4 2025) and -52.46% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn | 45.11% |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn | 15.24% |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn | -29.55% |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn | 25.33% |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn | -30.21% |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn | -1.90% |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn | 68.18% |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn | 9.24% |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn | 7.30% |
| 10 | Cipher Digital | 6.84 Bn | 3.48 Bn | 9.79 Mn | -316.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -316.21% |
| Mar 31, 2026 | -328.86% |
| Dec 31, 2025 | -503.45% |
| Sep 30, 2025 | -52.46% |
| Jun 30, 2025 | -103.85% |
| Mar 31, 2025 | -77.80% |
| Dec 31, 2024 | 40.45% |
| Sep 30, 2024 | -379.20% |
| Jun 30, 2024 | -43.93% |
| Mar 31, 2024 | 97.19% |
| Dec 31, 2023 | 35.01% |
| Sep 30, 2023 | -63.05% |
| Jun 30, 2023 | -38.72% |
| Mar 31, 2023 | -18.82% |
API Access
Cipher Digital EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "CIFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();