Cipher Digital (CIFR) Gross Profit (2023 - 2026)
Cipher Digital (CIFR) posted Gross Profit of $9.8 million for Q2 2026, down 42.85% on a QoQ basis from $17.1 million in Q1 2026, and down 65.32% year-over-year from $28.2 million in Q2 2025.
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Analysis
Cipher Digital (CIFR) Gross Profit (2023 - 2026) Analysis & Trends
Cipher Digital has reported Gross Profit for 4 years, with the latest figure at $9.8 million in Q2 2026.
- On a quarterly basis, Gross Profit fell 65.32% year-over-year to $9.8 million in Q2 2026; TTM through Jun 2026 was $107.4 million, a 12.57% increase from a year earlier, with the FY2025 full-year figure at $142.7 million, up 60.54% from the prior year.
- Gross Profit was $9.8 million for Q2 2026 at Cipher Digital, down from $17.1 million in the prior quarter.
- The five-year high for Gross Profit was $45.0 million in Q3 2025, with the low at $9.0 million in Q3 2024.
- Average Gross Profit over 4 years is $23.9 million, with a median of $23.3 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Gross Profit surged 397.56% in 2025, then plunged 65.32% in 2026.
- Over 4 years, Gross Profit stood at $30.1 million in 2023, then fell by 20.26% to $24.0 million in 2024, then soared by 47.58% to $35.5 million in 2025, then plunged by 72.38% to $9.8 million in 2026.
- The last three Gross Profit figures came in at $9.8 million (Q2 2026), $17.1 million (Q1 2026), and $35.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.78 Bn | 98.58 Bn | 1.40 Bn |
| 2 | Terawulf | 8.49 Bn | 5.72 Bn | 32.37 Mn |
| 3 | Applied Digital | 8.10 Bn | 6.08 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.60 Bn | 3.60 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.77 Bn | 4.71 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.75 Bn | 3.81 Bn | 70.04 Mn |
| 7 | Vnet | 1.75 Bn | 868.32 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.48 Bn | 1.48 Bn | 51.65 Mn |
| 9 | WhiteFiber | 736.82 Mn | 676.45 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 454.82 Mn | 451.62 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.79 Mn |
| Mar 31, 2026 | 17.13 Mn |
| Dec 31, 2025 | 35.45 Mn |
| Sep 30, 2025 | 44.97 Mn |
| Jun 30, 2025 | 28.24 Mn |
| Mar 31, 2025 | 34.07 Mn |
| Dec 31, 2024 | 24.02 Mn |
| Sep 30, 2024 | 9.04 Mn |
| Jun 30, 2024 | 22.53 Mn |
| Mar 31, 2024 | 33.32 Mn |
| Dec 31, 2023 | 30.13 Mn |
| Sep 30, 2023 | 17.30 Mn |
| Jun 30, 2023 | 15.36 Mn |
| Mar 31, 2023 | 13.75 Mn |
API Access
Cipher Digital Gross Profit 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=gross-profit&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();