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

Cipher Digital has reported Operating Expenses for 7 years, with the latest figure at $35.1 million in Q2 2026.

• On a quarterly basis, Operating Expenses fell 33.79% year-over-year to $35.1 million in Q2 2026; TTM through Jun 2026 was $195.1 million, a 3.41% increase from a year earlier, with the FY2025 full-year figure at $235.4 million, up 74.29% from the prior year.
• Operating Expenses was $35.1 million for Q2 2026 at Cipher Digital, up from $29.8 million in the prior quarter.
• The five-year high for Operating Expenses was $67.5 million in Q3 2025, with the low at $17.2 million in Q1 2023.
• Average Operating Expenses over 5 years is $33.9 million, with a median of $29.0 million recorded in 2022.
• The largest YoY upside for Operating Expenses was 15299.12% in 2022 against a maximum downside of 66.25% in 2022.
• Over 5 years, Operating Expenses stood at $23.4 million in 2022, then grew by 1.1% to $23.6 million in 2023, then surged by 94.73% to $46.0 million in 2024, then surged by 36.29% to $62.7 million in 2025, then sank by 44.04% to $35.1 million in 2026.
• The last three Operating Expenses figures came in at $35.1 million (Q2 2026), $29.8 million (Q1 2026), and $62.7 million (Q4 2025), per Business Quant data.