Cipher Digital (CIFR) EV to EBITDA (2023 - 2025)
Cipher Digital's (CIFR) EV to EBITDA came in at 46.57 for Q3 2025, up 33.3% from 34.95 a year earlier.
Cipher Digital (CIFR) EV to EBITDA (2023 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, EV to EBITDA at Cipher Digital was 45.43, up 65.8% year-over-year; for FY2024, it was 27.28, down 5.4% from FY2023.
- In prior years, Cipher Digital's EV to EBITDA was 28.84 in FY2023.
- Quarterly EV to EBITDA has run from a low of 12.72 in Q2 2024 to a high of 694.97 in Q1 2025 over five years.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn |
| 10 | Cipher Digital | 6.84 Bn | 3.48 Bn | 9.79 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 46.57 |
| Mar 31, 2025 | 694.97 |
| Dec 31, 2024 | 27.19 |
| Sep 30, 2024 | 34.95 |
| Jun 30, 2024 | 12.72 |
| Mar 31, 2024 | 14.69 |
| Dec 31, 2023 | 25.05 |
| Jun 30, 2023 | 24.11 |
Cipher Digital EV to EBITDA 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=ev-to-ebitda&ticker=CIFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();