Growth Metrics

Cipher Digital (CIFR) FCF Margin (2023 - 2025)

Cipher Mining has reported FCF Margin over the past 3 years, most recently at 190.81% for Q4 2025.

  • Quarterly results put FCF Margin at 190.81% for Q4 2025, down 2476.0% from a year ago — trailing twelve months through Dec 2025 was 122.86% (down 3712.0% YoY), and the annual figure for FY2025 was 122.86%, down 3712.0%.
  • FCF Margin for Q4 2025 was 190.81% at Cipher Mining, down from 2.57% in the prior quarter.
  • Over the last five years, FCF Margin for CIFR hit a ceiling of 2.57% in Q3 2025 and a floor of 196.84% in Q2 2025.
  • Median FCF Margin over the past 3 years was 74.62% (2023), compared with a mean of 97.94%.
  • Peak annual rise in FCF Margin hit 5869bps in 2024, while the deepest fall reached -13019bps in 2024.
  • Cipher Mining's FCF Margin stood at 35.86% in 2023, then plummeted by -363bps to 166.05% in 2024, then decreased by -15bps to 190.81% in 2025.
  • The last three reported values for FCF Margin were 190.81% (Q4 2025), 2.57% (Q3 2025), and 196.84% (Q2 2025) per Business Quant data.