Cipher Digital (CIFR) FCF Margin (2023 - 2026)
Cipher Digital (CIFR) posted FCF Margin of 2632.52% for Q2 2026, down 98.31% on a QoQ basis from 1327.48% in Q1 2026, and down 223131.0% year-over-year from N/an in Q2 2025.
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Cipher Digital (CIFR) FCF Margin (2023 - 2026) Analysis & Trends
Cipher Digital has reported FCF Margin for 4 years, with the latest figure at 2632.52% in Q2 2026.
- On a quarterly basis, FCF Margin fell 223131.0% year-over-year to 2632.52% in Q2 2026; TTM through Jun 2026 was 779.97%, a 47720.0% decrease from a year earlier, with the FY2025 full-year figure at 310.73%, down 16067.0% from the prior year.
- FCF Margin was 2632.52% for Q2 2026 at Cipher Digital, down from 1327.48% in the prior quarter.
- The five-year high for FCF Margin was 71.75% in Q1 2024, with the low at 2632.52% in Q2 2026.
- Average FCF Margin over 4 years is 451.78%, with a median of 155.55% recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: FCF Margin soared 21413 bps in 2025, then plunged 223131 bps in 2026.
- Over 4 years, FCF Margin stood at 81.57% in 2023, then sank by 121 bps to 180.23% in 2024, then slumped by 160 bps to 469.46% in 2025, then sank by 461 bps to 2632.52% in 2026.
- The last three FCF Margin figures came in at 2632.52% (Q2 2026), 1327.48% (Q1 2026), and 469.46% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | -19.47% |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | -2,216.52% |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | -446.97% |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | -2,632.52% |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | 45.70% |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | -355.63% |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | 62.09% |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | - |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | -128.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2,632.52% |
| Mar 31, 2026 | -1,327.48% |
| Dec 31, 2025 | -469.46% |
| Sep 30, 2025 | -130.87% |
| Jun 30, 2025 | -401.21% |
| Mar 31, 2025 | -300.07% |
| Dec 31, 2024 | -180.23% |
| Sep 30, 2024 | -345.00% |
| Jun 30, 2024 | -90.24% |
| Mar 31, 2024 | -71.75% |
| Dec 31, 2023 | -81.57% |
| Sep 30, 2023 | -75.79% |
| Jun 30, 2023 | -90.47% |
| Mar 31, 2023 | -128.29% |