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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Cipher Mining has reported Gross Margin over the past 3 years, most recently at 59.37% for Q4 2025.

  • Quarterly results put Gross Margin at 59.37% for Q4 2025, up 248.0% from a year ago — trailing twelve months through Dec 2025 was 63.73% (up 496.0% YoY), and the annual figure for FY2025 was 63.73%, up 496.0%.
  • Gross Margin for Q4 2025 was 59.37% at Cipher Mining, down from 62.72% in the prior quarter.
  • Over the last five years, Gross Margin for CIFR hit a ceiling of 69.58% in Q1 2025 and a floor of 37.5% in Q3 2024.
  • Median Gross Margin over the past 3 years was 61.96% (2024), compared with a mean of 59.98%.
  • Biggest five-year swings in Gross Margin: tumbled -1957bps in 2024 and later soared 2522bps in 2025.
  • Cipher Mining's Gross Margin stood at 69.39% in 2023, then dropped by -18bps to 56.9% in 2024, then rose by 4bps to 59.37% in 2025.
  • The last three reported values for Gross Margin were 59.37% (Q4 2025), 62.72% (Q3 2025), and 64.81% (Q2 2025) per Business Quant data.