Cipher Digital (CIFR) EBT (2020 - 2026)
Cipher Digital (CIFR) posted EBT of -$267.2 million for Q2 2026, down 134.54% on a QoQ basis from -$113.9 million in Q1 2026, and down 495.49% year-over-year from $67.6 million in Q2 2025.
Analysis
Cipher Digital (CIFR) EBT (2020 - 2026) Analysis & Trends
Cipher Digital has reported EBT for 7 years, with the latest figure at -$267.2 million in Q2 2026.
- On a quarterly basis, EBT fell 495.49% year-over-year to -$267.2 million in Q2 2026; TTM through Jun 2026 was -$1.1 billion, a 607.52% decrease from a year earlier, with the FY2025 full-year figure at -$825.6 million, down 1762.84% from the prior year.
- EBT was -$267.2 million for Q2 2026 at Cipher Digital, down from -$113.9 million in the prior quarter.
- The five-year high for EBT was $59.3 million in Q3 2022, with the low at -$738.3 million in Q4 2025.
- Average EBT over 5 years is -$72.8 million, with a median of -$18.6 million recorded in 2022.
- The largest YoY upside for EBT was 2668.98% in 2022 against a maximum downside of 23125.47% in 2022.
- Over 5 years, EBT stood at -$49.8 million in 2022, then jumped by 129.27% to $14.6 million in 2023, then rose by 6.61% to $15.5 million in 2024, then slumped by 4851.42% to -$738.3 million in 2025, then jumped by 63.81% to -$267.2 million in 2026.
- The last three EBT figures came in at -$267.2 million (Q2 2026), -$113.9 million (Q1 2026), and -$738.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn | 523.00 Mn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn | -929.74 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn | -79.62 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn | -267.16 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn | 118.37 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn | -1.15 Bn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn | 5.50 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn | 12.53 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn | -15.73 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | -9.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -267.16 Mn |
| Mar 31, 2026 | -113.91 Mn |
| Dec 31, 2025 | -738.28 Mn |
| Sep 30, 2025 | -3.59 Mn |
| Jun 30, 2025 | -44.86 Mn |
| Mar 31, 2025 | -38.83 Mn |
| Dec 31, 2024 | 15.54 Mn |
| Sep 30, 2024 | -90.56 Mn |
| Jun 30, 2024 | -14.76 Mn |
| Mar 31, 2024 | 45.46 Mn |
| Dec 31, 2023 | 14.57 Mn |
| Sep 30, 2023 | -19.72 Mn |
| Jun 30, 2023 | -12.58 Mn |
| Mar 31, 2023 | -4.48 Mn |
| Dec 31, 2022 | -49.79 Mn |
| Sep 30, 2022 | 59.29 Mn |
| Jun 30, 2022 | -29.22 Mn |
| Mar 31, 2022 | -17.50 Mn |
| Dec 31, 2021 | -69.25 Mn |
| Sep 30, 2021 | -2.31 Mn |