Cipher Digital (CIFR) Enterprise Value (2020 - 2026)
Cipher Digital (CIFR) posted Enterprise Value of $9.34 billion for Q2 2026, up 423.1% from $1.79 billion a year earlier and up 106.4% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Enterprise Value (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Enterprise Value at Cipher Digital was $6.79 billion, up 292.2% year-over-year; for FY2025, it came in at $5.38 billion, up 231.6% from FY2024.
- Annual Enterprise Value has increased for three consecutive years, with a five-year compound annual growth rate of 82.4% (FY2020 to FY2025).
- In prior years, Cipher Digital's Enterprise Value was $1.62 billion in FY2024 (+43.9%), $1.13 billion in FY2023 (+789.9%), $126.7 million in FY2022 (-86.6%) and $944.32 million in FY2021 (+254.8%).
- The Q2 2026 figure stands as the highest quarterly Enterprise Value in data going back to Q4 2020.
- On a year-over-year basis, Enterprise Value has increased in each of the last five quarters, with growth averaging 181.4% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q4 2023, with growth of 789.9%; the weakest was Q3 2022, with a decline of 87.5%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $4.53 billion (Q1 2026), $5.38 billion (Q4 2025) and $3.75 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,946.21 Bn | 3,869.37 Bn | 60.48 Bn |
| 2 | International Business Machines | 235.48 Bn | 235.48 Bn | 9.71 Bn |
| 3 | Cloudflare | 116.30 Bn | 99.82 Bn | 499.52 Mn |
| 4 | Equinix | 98.60 Bn | 87.17 Bn | 1.40 Bn |
| 5 | Nebius | 41.43 Bn | 14.87 Bn | 448.70 Mn |
| 6 | CoreWeave | 32.82 Bn | 19.91 Bn | 1.70 Bn |
| 7 | Verisign | 27.43 Bn | 24.79 Bn | 393.20 Mn |
| 8 | Nutanix | 19.54 Bn | 11.22 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 14.39 Bn | 7.80 Bn | 613.75 Mn |
| 10 | Cipher Digital | 3.47 Bn | 84.73 Mn | 9.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.34 Bn |
| Mar 31, 2026 | 4.53 Bn |
| Dec 31, 2025 | 5.38 Bn |
| Sep 30, 2025 | 3.75 Bn |
| Jun 30, 2025 | 1.79 Bn |
| Mar 31, 2025 | 829.80 Mn |
| Dec 31, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Mar 31, 2024 | 1.49 Bn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 589.78 Mn |
| Jun 30, 2023 | 714.44 Mn |
| Mar 31, 2023 | 576.03 Mn |
| Dec 31, 2022 | 126.70 Mn |
| Sep 30, 2022 | 283.76 Mn |
| Jun 30, 2022 | 302.02 Mn |
| Mar 31, 2022 | 811.14 Mn |
| Dec 31, 2021 | 944.32 Mn |
| Sep 30, 2021 | 2.27 Bn |
API Access
Cipher Digital Enterprise Value 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=enterprise-value&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();