Cipher Digital (CIFR) Invested Capital (2020 - 2026)
Cipher Digital (CIFR) reported Invested Capital of $6.16 billion for Q3 2026, up 241.0% from $1.81 billion a year earlier and up 0.9% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Cipher Digital posted Invested Capital of $3.55 billion, up 397.7% from FY2024.
- By year, Invested Capital came in at $714.28 million in FY2024 (+45.4%) and $491.34 million in FY2023.
- The Q3 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q3 2020.
- Year over year, Invested Capital has now increased in each of the last four quarters, with growth averaging 371.5% over the last five quarters.
- Per Business Quant data, the three quarters before Q3 2026 came in at $6.1 billion (Q2 2026), $5.45 billion (Q1 2026) and $3.55 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 505.99 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 100.02 Bn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 37.17 Bn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | 1.46 Bn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | 18.89 Bn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | -498.80 Mn |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | 8.69 Bn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 3.63 Bn |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn | 6.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.16 Bn |
| Jun 30, 2026 | 6.10 Bn |
| Mar 31, 2026 | 5.45 Bn |
| Dec 31, 2025 | 3.55 Bn |
| Sep 30, 2025 | 1.81 Bn |
| Jun 30, 2025 | 916.02 Mn |
| Mar 31, 2025 | 770.25 Mn |
| Dec 31, 2024 | 714.28 Mn |
| Dec 31, 2023 | 491.34 Mn |
| Sep 30, 2020 | 156,424.00 |
API Access
Cipher Digital Invested Capital 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=invested-capital&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();