Cipher Digital (CIFR) Free Cash Flow (2020 - 2026)
Cipher Digital's Free Cash Flow was -$653.84 million in Q2 2026, compared with -$174.79 million a year earlier.
Cipher Digital (CIFR) Free Cash Flow (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cipher Digital's Free Cash Flow was -$1.49 billion through Jun 30, 2026; for FY2025, it was -$695.86 million.
- In earlier years, Free Cash Flow was -$227.01 million in FY2024, -$114.72 million in FY2023, -$60.13 million in FY2022 and -$36.78 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Free Cash Flow in data going back to Q3 2020.
- Per Business Quant data, CIFR's Free Cash Flow in the three quarters before Q2 2026 was -$462.47 million (Q1 2026), -$280.32 million (Q4 2025) and -$93.84 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,766.38 Bn | 3,701.87 Bn | 62.56 Bn | 18.63 Bn |
| 2 | International Business Machines | 237.97 Bn | 188.88 Bn | 9.91 Bn | 2.37 Bn |
| 3 | Equinix | 98.36 Bn | 86.25 Bn | 1.31 Bn | -325.00 Mn |
| 4 | Cloudflare | 85.46 Bn | 68.99 Bn | 499.52 Mn | 67.60 Mn |
| 5 | Nebius | 35.77 Bn | 9.21 Bn | 448.70 Mn | 7.90 Bn |
| 6 | Verisign | 27.69 Bn | 25.05 Bn | 393.20 Mn | 260.70 Mn |
| 7 | CoreWeave | 27.63 Bn | 14.72 Bn | 1.70 Bn | -5.74 Bn |
| 8 | Nutanix | 17.43 Bn | 9.12 Bn | 651.35 Mn | 277.57 Mn |
| 9 | GoDaddy | 14.80 Bn | 10.38 Bn | 828.20 Mn | 437.40 Mn |
| 10 | Cipher Digital | 2.84 Bn | -515.28 Mn | 9.79 Mn | -653.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -653.84 Mn |
| Mar 31, 2026 | -462.47 Mn |
| Dec 31, 2025 | -280.32 Mn |
| Sep 30, 2025 | -93.84 Mn |
| Jun 30, 2025 | -174.79 Mn |
| Mar 31, 2025 | -146.91 Mn |
| Dec 31, 2024 | -76.10 Mn |
| Sep 30, 2024 | -83.15 Mn |
| Jun 30, 2024 | -33.22 Mn |
| Mar 31, 2024 | -34.54 Mn |
| Dec 31, 2023 | -35.42 Mn |
| Sep 30, 2023 | -22.97 Mn |
| Jun 30, 2023 | -28.25 Mn |
| Mar 31, 2023 | -28.09 Mn |
| Dec 31, 2022 | -22.29 Mn |
| Sep 30, 2022 | -14.85 Mn |
| Jun 30, 2022 | -12.62 Mn |
| Mar 31, 2022 | -10.38 Mn |
| Dec 31, 2021 | -9.55 Mn |
| Sep 30, 2021 | -26.10 Mn |
Cipher Digital Free Cash Flow 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=free-cash-flow&ticker=CIFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();