Cipher Digital (CIFR) EBT Margin (2023 - 2026)
Cipher Digital (CIFR) posted EBT Margin of -1075.66% for Q2 2026, down 972.68 percentage points from -102.98% a year earlier and down 748.69 percentage points from the prior quarter.
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Analysis
Cipher Digital (CIFR) EBT Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Cipher Digital was -587.64%, down 487.72 percentage points year-over-year; for FY2025, it was -368.65%, down 339.35 percentage points from FY2024.
- Annual EBT Margin shows a three-year change of +856.67 percentage points (FY2022 to FY2025).
- In prior years, Cipher Digital's EBT Margin was -29.30% in FY2024 (-11.79 pp), -17.51% in FY2023 (+1207.81 pp) and -1225.32% in FY2022.
- Quarterly EBT Margin has run from a low of -1236.42% in Q4 2025 to a high of 94.45% in Q1 2024 over five years.
- On a year-over-year basis, EBT Margin has declined in each of the last three quarters, with an average year-over-year change of -333.36 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q3 2025, with a gain of 370.72 percentage points; the weakest was Q4 2025, with a drop of 1273.22 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was -326.97% (Q1 2026), -1236.42% (Q4 2025) and -5.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn | 48.94% |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn | 14.44% |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn | -24.13% |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn | 19.92% |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn | -30.35% |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn | -21.90% |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn | 64.80% |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn | 10.93% |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn | 9.10% |
| 10 | Cipher Digital | 6.84 Bn | 3.48 Bn | 9.79 Mn | -1,075.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1,075.66% |
| Mar 31, 2026 | -326.97% |
| Dec 31, 2025 | -1,236.42% |
| Sep 30, 2025 | -5.00% |
| Jun 30, 2025 | -102.98% |
| Mar 31, 2025 | -79.31% |
| Dec 31, 2024 | 36.80% |
| Sep 30, 2024 | -375.72% |
| Jun 30, 2024 | -40.11% |
| Mar 31, 2024 | 94.45% |
| Dec 31, 2023 | 33.57% |
| Sep 30, 2023 | -65.07% |
| Jun 30, 2023 | -40.30% |
| Mar 31, 2023 | -20.47% |
API Access
Cipher Digital EBT 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=ebt-margin&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();