Cipher Digital (CIFR) Operating Leases (2022 - 2026)
Cipher Digital (CIFR) posted Operating Leases of $37.94 million for Q2 2026, up 301.5% from $9.45 million a year earlier and up 496.3% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Operating Leases (2022 - 2026) Analysis & Trends
At the end of FY2025, Cipher Digital's Operating Leases came in at $8.55 million, down 13.1% from FY2024.
- Annual Operating Leases shows a three-year compound annual growth rate of 23.9% (FY2022 to FY2025).
- In prior years, Cipher Digital's Operating Leases was $9.83 million in FY2024 (+56.6%), $6.28 million in FY2023 (+39.7%) and $4.49 million in FY2022.
- The Q2 2026 figure stands as the highest quarterly Operating Leases in data going back to Q1 2022.
- On a year-over-year basis, Operating Leases increased in five of the last eight quarters, with growth averaging 66.4%.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q2 2026, with growth of 301.5%; the weakest was Q1 2026, with a decline of 33.1%.
- According to Business Quant data, Operating Leases for the three prior quarters was $6.36 million (Q1 2026), $8.55 million (Q4 2025) and $9.06 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,958.25 Bn | 3,881.40 Bn | 60.48 Bn |
| 2 | International Business Machines | 238.12 Bn | 188.94 Bn | 9.91 Bn |
| 3 | Cloudflare | 117.97 Bn | 101.50 Bn | 499.52 Mn |
| 4 | Equinix | 95.45 Bn | 84.02 Bn | 1.40 Bn |
| 5 | Nebius | 37.16 Bn | 10.59 Bn | 448.70 Mn |
| 6 | CoreWeave | 30.42 Bn | 17.51 Bn | 1.70 Bn |
| 7 | Verisign | 27.81 Bn | 25.16 Bn | 393.20 Mn |
| 8 | Nutanix | 19.56 Bn | 11.25 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.36 Bn | 9.94 Bn | 828.20 Mn |
| 10 | Cipher Digital | 3.15 Bn | -236.63 Mn | 9.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.94 Mn |
| Mar 31, 2026 | 6.36 Mn |
| Dec 31, 2025 | 8.55 Mn |
| Sep 30, 2025 | 9.06 Mn |
| Jun 30, 2025 | 9.45 Mn |
| Mar 31, 2025 | 9.51 Mn |
| Dec 31, 2024 | 9.83 Mn |
| Sep 30, 2024 | 9.66 Mn |
| Jun 30, 2024 | 9.18 Mn |
| Mar 31, 2024 | 6.03 Mn |
| Dec 31, 2023 | 6.28 Mn |
| Sep 30, 2023 | 3.65 Mn |
| Jun 30, 2023 | 3.94 Mn |
| Mar 31, 2023 | 4.22 Mn |
| Dec 31, 2022 | 4.49 Mn |
| Sep 30, 2022 | 4.76 Mn |
| Jun 30, 2022 | 5.02 Mn |
| Mar 31, 2022 | 5.28 Mn |
API Access
Cipher Digital Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "CIFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();