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

Cipher Digital (CIFR) recorded quarterly Operating Income of -$114.6 million in Q1 2026, up 61.89% quarter-over-quarter from -$300.6 million in Q4 2025, and down 200.8% on a YoY basis from $113.7 million in Q1 2025.

Cipher Digital (CIFR) Operating Income (2020 - 2026) Analysis & Trends

Cipher Digital's Operating Income history runs 7 years deep, the most recent figure standing at -$114.6 million for Q1 2026.

  • In Q1 2026, Operating Income fell 200.8% year-over-year to -$114.6 million; the TTM figure through Mar 2026 stood at -$498.0 million (down 287.36% YoY), while the FY2025 annual figure was -$421.6 million, down 864.7% from the prior year.
  • Operating Income was -$114.6 million for Q1 2026 at Cipher Digital, up from -$300.6 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $59.2 million in Q3 2022 to a low of -$300.6 million in Q4 2025.
  • Historically, Operating Income has averaged -$37.5 million across 5 years, with a median of -$19.1 million in 2023.
  • Biggest YoY gain for Operating Income was 2694.52% in 2022; the steepest drop was 15434.51% in 2022.
  • A 5-year view of Operating Income shows it stood at -$49.8 million in 2022, then jumped by 130.54% to $15.2 million in 2023, then grew by 12.36% to $17.1 million in 2024, then tumbled by 1860.04% to -$300.6 million in 2025, then surged by 61.89% to -$114.6 million in 2026.
  • The last three Operating Income figures came in at -$114.6 million (Q1 2026), -$300.6 million (Q4 2025), and -$37.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 1.06 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 1.69 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 447.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 2.49 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 843.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 423.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 359.50 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 376.00 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 508.00 Mn
10 Cipher Digital 9.09 Bn 8.38 Bn 17.13 Mn -114.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -114.57 Mn
Dec 31, 2025 -300.62 Mn
Sep 30, 2025 -37.62 Mn
Jun 30, 2025 -45.24 Mn
Mar 31, 2025 -38.09 Mn
Dec 31, 2024 17.08 Mn
Sep 30, 2024 -91.39 Mn
Jun 30, 2024 -16.17 Mn
Mar 31, 2024 46.79 Mn
Dec 31, 2023 15.20 Mn
Sep 30, 2023 -19.11 Mn
Jun 30, 2023 -12.09 Mn
Mar 31, 2023 -4.12 Mn
Dec 31, 2022 -49.77 Mn
Sep 30, 2022 59.23 Mn
Jun 30, 2022 -29.33 Mn
Mar 31, 2022 -17.55 Mn
Dec 31, 2021 -69.21 Mn
Sep 30, 2021 -2.28 Mn
Jun 30, 2021 -547,000.00