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

Cipher Digital's (CIFR) quarterly Operating Income came in at -$114.6 million in Q1 2026, down 200.8% year-on-year from $113.7 million in Q1 2025, and up 61.89% quarter-over-quarter from -$300.6 million in Q4 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.

  • On a quarterly basis, Operating Income fell 200.8% year-over-year to -$114.6 million in Q1 2026; TTM through Mar 2026 was -$498.0 million, a 287.36% decrease from a year earlier, with the FY2025 full-year figure at -$421.6 million, down 864.7% from the prior year.
  • Operating Income climbed to -$114.6 million in Q1 2026 per CIFR's latest filing, from -$300.6 million in the prior quarter.
  • Across five years, Operating Income topped out at $59.2 million in Q3 2022 and bottomed at -$300.6 million in Q4 2025.
  • The 5-year median for Operating Income is -$19.1 million (2023), against an average of -$37.5 million.
  • Biggest YoY gain for Operating Income was 2694.52% in 2022; the steepest drop was 15434.51% in 2022.
  • Year by year, Operating Income 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 sank by 1860.04% to -$300.6 million in 2025, then surged by 61.89% to -$114.6 million in 2026.
  • Per Business Quant, the three latest CIFR Operating Income figures stand at -$114.6 million (Q1 2026), -$300.6 million (Q4 2025), and -$37.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.62 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 3.18 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 131.63 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 1.07 Bn
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 423.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 843.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 414.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 359.50 Mn
10 Cipher Digital 10.46 Bn 9.75 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