Growth Metrics

Cipher Mining (CIFR) Gross Margin (2023 - 2025)

Historic Gross Margin for Cipher Mining (CIFR) over the last 3 years, with Q3 2025 value amounting to 62.72%.

  • Cipher Mining's Gross Margin rose 252200.0% to 62.72% in Q3 2025 from the same period last year, while for Sep 2025 it was 63.6%, marking a year-over-year increase of 12800.0%. This contributed to the annual value of 58.77% for FY2024, which is 15600.0% down from last year.
  • Per Cipher Mining's latest filing, its Gross Margin stood at 62.72% for Q3 2025, which was up 252200.0% from 64.81% recorded in Q2 2025.
  • In the past 5 years, Cipher Mining's Gross Margin ranged from a high of 69.58% in Q1 2025 and a low of 37.5% during Q3 2024
  • Its 3-year average for Gross Margin is 60.03%, with a median of 62.72% in 2025.
  • Per our database at Business Quant, Cipher Mining's Gross Margin plummeted by -195700bps in 2024 and then skyrocketed by 252200bps in 2025.
  • Over the past 3 years, Cipher Mining's Gross Margin (Quarter) stood at 69.39% in 2023, then fell by -18bps to 56.9% in 2024, then increased by 10bps to 62.72% in 2025.
  • Its last three reported values are 62.72% in Q3 2025, 64.81% for Q2 2025, and 69.58% during Q1 2025.