Cipher Digital (CIFR) EV to EBIT (2020 - 2026)
Cipher Digital (CIFR) posted EV to EBIT of 78.37 for Q2 2026, down 492.88% on a QoQ basis from 13.22 in Q1 2026, and down 98.52% year-over-year from 5290.13 in Q2 2025.
Powered by 
Analysis
Cipher Digital (CIFR) EV to EBIT (2020 - 2026) Analysis & Trends
Cipher Digital has reported EV to EBIT for 7 years, with the latest figure at 78.37 in Q2 2026.
- On a quarterly basis, EV to EBIT fell 98.52% year-over-year to 78.37 in Q2 2026; TTM through Jun 2026 was 11.58, a 2.24% decrease from a year earlier, with the FY2025 full-year figure at 8.58, up 76.42% from the prior year.
- EV to EBIT was 78.37 for Q2 2026 at Cipher Digital, down from 13.22 in the prior quarter.
- The five-year high for EV to EBIT was 93.11 in Q4 2024, with the low at 135.62 in Q1 2023.
- Average EV to EBIT over 5 years is 23.85, with a median of 17.97 recorded in 2025.
- The largest YoY upside for EV to EBIT was 3595.0% in 2023 against a maximum downside of 781.17% in 2023.
- Over 5 years, EV to EBIT stood at 2.12 in 2022, then jumped by 3595.0% to 74.17 in 2023, then increased by 25.54% to 93.11 in 2024, then plunged by 112.93% to 12.04 in 2025, then plunged by 551.14% to 78.37 in 2026.
- The last three EV to EBIT figures came in at 78.37 (Q2 2026), 13.22 (Q1 2026), and 12.04 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -78.37 |
| Mar 31, 2026 | -13.22 |
| Dec 31, 2025 | -12.04 |
| Sep 30, 2025 | -98.66 |
| Jun 30, 2025 | -39.48 |
| Mar 31, 2025 | -21.79 |
| Dec 31, 2024 | 93.11 |
| Sep 30, 2024 | -14.15 |
| Jun 30, 2024 | -73.99 |
| Mar 31, 2024 | 31.12 |
| Dec 31, 2023 | 74.17 |
| Sep 30, 2023 | -29.14 |
| Jun 30, 2023 | -56.97 |
| Mar 31, 2023 | -135.62 |
| Dec 31, 2022 | -2.12 |
| Sep 30, 2022 | 4.28 |
| Jun 30, 2022 | -10.30 |
| Mar 31, 2022 | -46.21 |
| Dec 31, 2021 | -13.64 |
| Sep 30, 2021 | -992.25 |