Cipher Digital (CIFR) Operating Expenses (2020 - 2026)

Cipher Digital's Operating Expenses history runs 7 years deep, the most recent figure standing at $11.7 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 31.17% year-over-year to $11.7 million; the TTM figure through Mar 2026 stood at $39.2 million (up 10.26% YoY), while the FY2025 annual figure was $36.4 million, up 11.41% from the prior year.
• Operating Expenses for Q1 2026 stood at $11.7 million, up from $10.2 million in the prior quarter.
• The five-year high for Operating Expenses was $29.3 million in Q2 2022, with the low at $5.5 million in Q1 2023.
• The 5-year median for Operating Expenses is $9.0 million (2025), against an average of $11.3 million.
• Peak annual rise in Operating Expenses reached 15299.12% in 2022, while the deepest fall reached 72.57% in 2022.
• Cipher Digital's Operating Expenses stood at $19.0 million in 2022, then tumbled by 64.09% to $6.8 million in 2023, then surged by 36.28% to $9.3 million in 2024, then advanced by 9.61% to $10.2 million in 2025, then rose by 15.27% to $11.7 million in 2026.
• Business Quant data shows CIFR's Operating Expenses at $11.7 million in Q1 2026, $10.2 million in Q4 2025, and $8.2 million in Q3 2025.