Growth Metrics

Cipher Digital (CIFR) Operating Margin (2023 - 2025)

Cipher Mining has reported Operating Margin over the past 3 years, most recently at 503.45% for Q4 2025.

  • Quarterly results put Operating Margin at 503.45% for Q4 2025, down 54390.0% from a year ago — trailing twelve months through Dec 2025 was 188.25% (down 15936.0% YoY), and the annual figure for FY2025 was 188.25%, down 15936.0%.
  • Operating Margin for Q4 2025 was 503.45% at Cipher Mining, down from 52.46% in the prior quarter.
  • Over the last five years, Operating Margin for CIFR hit a ceiling of 97.19% in Q1 2024 and a floor of 503.45% in Q4 2025.
  • Median Operating Margin over the past 3 years was 48.2% (2024), compared with a mean of 92.38%.
  • Peak annual rise in Operating Margin hit 32674bps in 2025, while the deepest fall reached -54390bps in 2025.
  • Cipher Mining's Operating Margin stood at 35.01% in 2023, then rose by 16bps to 40.45% in 2024, then crashed by -1345bps to 503.45% in 2025.
  • The last three reported values for Operating Margin were 503.45% (Q4 2025), 52.46% (Q3 2025), and 103.85% (Q2 2025) per Business Quant data.