Cipher Digital (CIFR) Net Margin (2023 - 2026)
Cipher Digital (CIFR) recorded quarterly Net Margin of 328.14% in Q1 2026, up 73.47% quarter-over-quarter from 1236.75% in Q4 2025, and down 24853.0% on a YoY basis from N/an in Q1 2025.
Cipher Digital (CIFR) Net Margin (2023 - 2026) Analysis & Trends
Cipher Digital's Net Margin history runs 4 years deep, the most recent figure standing at 328.14% for Q1 2026.
- In Q1 2026, Net Margin fell 24853.0% year-over-year to 328.14%; the TTM figure through Mar 2026 stood at 429.71% (down 34435.0% YoY), while the FY2025 annual figure was 369.07%, down 33895.0% from the prior year.
- Net Margin was 328.14% for Q1 2026 at Cipher Digital, up from 1236.75% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 82.89% in Q1 2024 to a low of 1236.75% in Q4 2025.
- Historically, Net Margin has averaged 165.09% across 4 years, with a median of 41.54% in 2024.
- Biggest YoY gain for Net Margin was 37266 bps in 2025; the steepest drop was 127278 bps in 2025.
- A 4-year view of Net Margin shows it stood at 33.43% in 2023, then climbed by 8 bps to 36.03% in 2024, then slumped by 3532 bps to 1236.75% in 2025, then soared by 73 bps to 328.14% in 2026.
- The last three Net Margin figures came in at 328.14% (Q1 2026), 1236.75% (Q4 2025), and 3.93% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 18.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 14.44% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 10.30% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 12.17% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 4.55% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 14.14% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.14% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 7.61% |
| 10 | Cipher Digital | 9.09 Bn | 8.38 Bn | 17.13 Mn | -328.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -328.14% |
| Dec 31, 2025 | -1,236.75% |
| Sep 30, 2025 | -3.93% |
| Jun 30, 2025 | -105.61% |
| Mar 31, 2025 | -79.61% |
| Dec 31, 2024 | 36.03% |
| Sep 30, 2024 | -376.60% |
| Jun 30, 2024 | -41.54% |
| Mar 31, 2024 | 82.89% |
| Dec 31, 2023 | 33.43% |
| Sep 30, 2023 | -65.38% |
| Jun 30, 2023 | -40.40% |
| Mar 31, 2023 | -20.55% |