Cipher Digital (CIFR) Gross Profit (2023 - 2026)
Cipher Digital (CIFR) reported Gross Profit of $11.34 million for Q3 2026, down 74.8% from $44.97 million a year earlier but up 15.8% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Gross Profit (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cipher Digital's Gross Profit came in at $73.71 million, down 43.9% year-over-year; for FY2025, it came in at $142.73 million, up 60.5% from FY2024.
- Gross Profit has a three-year compound annual growth rate of 296.5% (FY2022 to FY2025).
- By year, Gross Profit came in at $88.91 million in FY2024 (+16.2%), $76.53 million in FY2023 and $2.29 million in FY2022.
- Five-year quarterly Gross Profit spans a low of $9.04 million in Q3 2024 and a high of $44.97 million in Q3 2025.
- Year over year, Gross Profit has now declined in each of the last three quarters, with growth averaging 32.8% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was Q3 2025 (growth of 397.6%); the low point was Q3 2026 (a decline of 74.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $9.79 million (Q2 2026), $17.13 million (Q1 2026) and $35.45 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.34 Mn |
| 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();