Cipher Digital (CIFR) Notes Payables (2020 - 2026)
Cipher Digital (CIFR) posted Notes Payables of $94.5 million for Q2 2026, down 73.41% on a QoQ basis from $355.3 million in Q1 2026.
Analysis
Cipher Digital (CIFR) Notes Payables (2020 - 2026) Analysis & Trends
Cipher Digital has reported Notes Payables for 4 years, with the latest figure at $94.5 million in Q2 2026.
- On a quarterly basis, Notes Payables changed N/A year-over-year to $94.5 million in Q2 2026; TTM through Jun 2026 was $94.5 million, a N/A change from a year earlier, with the FY2025 full-year figure at $37.8 million, up 16.9% from the prior year.
- Notes Payables was $94.5 million for Q2 2026 at Cipher Digital, down from $355.3 million in the prior quarter.
- The five-year high for Notes Payables was $355.3 million in Q1 2026, with the low at $32.3 million in Q4 2024.
- Average Notes Payables over 3 years is $111.1 million, with a median of $37.8 million recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Notes Payables grew 16.9% in 2025, then jumped 902.14% in 2026.
- Over 3 years, Notes Payables stood at $32.3 million in 2024, then grew by 16.9% to $37.8 million in 2025, then jumped by 150.0% to $94.5 million in 2026.
- The last three Notes Payables figures came in at $94.5 million (Q2 2026), $355.3 million (Q1 2026), and $37.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 101.22 Bn | 99.00 Bn | 1.40 Bn |
| 2 | Terawulf | 7.92 Bn | 5.16 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.14 Bn | 3.17 Bn | 97.29 Mn |
| 4 | Cipher Digital | 6.48 Bn | 2.46 Bn | 9.79 Mn |
| 5 | GDS Holdings | 5.92 Bn | 3.73 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.70 Bn | 3.77 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 723.63 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.52 Bn | 1.52 Bn | 51.65 Mn |
| 9 | WhiteFiber | 728.60 Mn | 668.23 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.48 Mn |
| Mar 31, 2026 | 355.35 Mn |
| Dec 31, 2025 | 37.79 Mn |
| Mar 31, 2025 | 35.46 Mn |
| Dec 31, 2024 | 32.33 Mn |
| Sep 30, 2020 | 135,000.00 |