Cipher Digital CIFR
NASDAQ CIFR
$16.91 -1.60 (-8.65%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cipher Digital (CIFR) EBITDA (2020 - 2026)

Cipher Digital (CIFR) posted EBITDA of -$59.9 million for Q2 2026, up 37.87% on a QoQ basis from -$96.5 million in Q1 2026, and down 4362.84% year-over-year from $1.4 million in Q2 2025.

Analysis

Cipher Digital (CIFR) EBITDA (2020 - 2026) Analysis & Trends

Cipher Digital has reported EBITDA for 7 years, with the latest figure at -$59.9 million in Q2 2026.

  • On a quarterly basis, EBITDA fell 4362.84% year-over-year to -$59.9 million in Q2 2026; TTM through Jun 2026 was -$382.8 million, a 7199.14% decrease from a year earlier, with the FY2025 full-year figure at -$222.6 million, down 479.15% from the prior year.
  • EBITDA was -$59.9 million for Q2 2026 at Cipher Digital, up from -$96.5 million in the prior quarter.
  • The five-year high for EBITDA was $63.9 million in Q1 2024, with the low at -$248.1 million in Q4 2025.
  • Average EBITDA over 5 years is -$17.4 million, with a median of $490000.0 recorded in 2023.
  • The largest YoY upside for EBITDA was 2695.01% in 2022 against a maximum downside of 15428.32% in 2022.
  • Over 5 years, EBITDA stood at -$45.4 million in 2022, then surged by 170.49% to $32.0 million in 2023, then soared by 68.06% to $53.8 million in 2024, then sank by 561.36% to -$248.1 million in 2025, then soared by 75.84% to -$59.9 million in 2026.
  • The last three EBITDA figures came in at -$59.9 million (Q2 2026), -$96.5 million (Q1 2026), and -$248.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Equinix 102.92 Bn 100.69 Bn 1.40 Bn 665.00 Mn
2 Terawulf 8.33 Bn 5.57 Bn 32.37 Mn -119.21 Mn
3 Applied Digital 7.46 Bn 3.49 Bn 97.29 Mn -124.82 Mn
4 Cipher Digital 6.94 Bn 2.92 Bn 9.79 Mn -59.94 Mn
5 GDS Holdings 6.17 Bn 3.98 Bn 97.89 Mn 64.50 Mn
6 Core Scientific 5.88 Bn 3.94 Bn 70.04 Mn -78.47 Mn
7 Vnet 1.75 Bn 757.22 Mn 74.45 Mn 135.34 Mn
8 Sify Technologies 1.55 Bn 1.55 Bn 51.65 Mn 31.74 Mn
9 WhiteFiber 745.81 Mn 685.44 Mn 18.88 Mn -2.69 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn -8.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -59.94 Mn
Mar 31, 2026 -96.47 Mn
Dec 31, 2025 -248.12 Mn
Sep 30, 2025 21.68 Mn
Jun 30, 2025 -1.34 Mn
Mar 31, 2025 5.21 Mn
Dec 31, 2024 53.78 Mn
Sep 30, 2024 -62.89 Mn
Jun 30, 2024 4.13 Mn
Mar 31, 2024 63.89 Mn
Dec 31, 2023 32.00 Mn
Sep 30, 2023 -2.91 Mn
Jun 30, 2023 2.32 Mn
Mar 31, 2023 7.58 Mn
Dec 31, 2022 -45.40 Mn
Sep 30, 2022 59.24 Mn
Jun 30, 2022 -29.32 Mn
Mar 31, 2022 -17.55 Mn
Dec 31, 2021 -69.21 Mn
Sep 30, 2021 -2.28 Mn