Cipher Digital (CIFR) Operating Leases (2022 - 2026)
Cipher Digital (CIFR) posted Operating Leases of $40.2 million for Q2 2026, up 386.26% on a QoQ basis from $8.3 million in Q1 2026, and up 221.52% year-over-year from $12.5 million in Q2 2025.
Analysis
Cipher Digital (CIFR) Operating Leases (2022 - 2026) Analysis & Trends
Cipher Digital has reported Operating Leases for 5 years, with the latest figure at $40.2 million in Q2 2026.
- On a quarterly basis, Operating Leases rose 221.52% year-over-year to $40.2 million in Q2 2026; TTM through Jun 2026 was $40.2 million, a 221.52% increase from a year earlier, with the FY2025 full-year figure at $8.5 million, down 13.1% from the prior year.
- Operating Leases was $40.2 million for Q2 2026 at Cipher Digital, up from $8.3 million in the prior quarter.
- The five-year high for Operating Leases was $40.2 million in Q2 2026, with the low at $3.6 million in Q3 2023.
- Average Operating Leases over 5 years is $9.4 million, with a median of $7.3 million recorded in 2023.
- The largest YoY upside for Operating Leases was 221.52% in 2026 against a maximum downside of 34.97% in 2026.
- Over 5 years, Operating Leases stood at $4.5 million in 2022, then soared by 39.74% to $6.3 million in 2023, then surged by 56.58% to $9.8 million in 2024, then declined by 13.1% to $8.5 million in 2025, then soared by 370.22% to $40.2 million in 2026.
- The last three Operating Leases figures came in at $40.2 million (Q2 2026), $8.3 million (Q1 2026), and $8.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.18 Mn |
| Mar 31, 2026 | 8.26 Mn |
| Dec 31, 2025 | 8.55 Mn |
| Sep 30, 2025 | 12.58 Mn |
| Jun 30, 2025 | 12.50 Mn |
| Mar 31, 2025 | 12.71 Mn |
| Dec 31, 2024 | 9.83 Mn |
| Sep 30, 2024 | 11.14 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 |