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Ratios
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 - 2026)

Cipher Digital has reported Gross Margin over the past 4 years, most recently at 49.18% for Q1 2026.

  • For Q1 2026, Gross Margin fell 2040.0% year-over-year to 49.18%; the TTM value through Mar 2026 reached 59.95%, up 101.0%, while the annual FY2025 figure was 63.73%, 496.0% up from the prior year.
  • Gross Margin for Q1 2026 was 49.18% at Cipher Digital, down from 59.37% in the prior quarter.
  • Over five years, Gross Margin peaked at 69.58% in Q1 2025 and troughed at 37.5% in Q3 2024.
  • A 4-year average of 59.15% and a median of 61.2% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: skyrocketed 2522bps in 2025 and later tumbled -2040bps in 2026.
  • Year by year, Gross Margin stood at 69.39% in 2023, then decreased by -18bps to 56.9% in 2024, then grew by 4bps to 59.37% in 2025, then dropped by -17bps to 49.18% in 2026.
  • Business Quant data shows Gross Margin for CIFR at 49.18% in Q1 2026, 59.37% in Q4 2025, and 62.72% in Q3 2025.