Growth Metrics

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

Cipher Mining (CIFR) has 3 years of Operating Margin data on record, last reported at 45.6% in Q4 2025.

  • For Q4 2025, Operating Margin fell 8606.0% year-over-year to 45.6%; the TTM value through Dec 2025 reached 66.17%, down 3728.0%, while the annual FY2025 figure was 41.37%, 1249.0% down from the prior year.
  • Operating Margin reached 45.6% in Q4 2025 per CIFR's latest filing, up from 52.46% in the prior quarter.
  • Across five years, Operating Margin topped out at 97.19% in Q1 2024 and bottomed at 379.2% in Q3 2024.
  • Average Operating Margin over 3 years is 54.23%, with a median of 44.77% recorded in 2025.
  • Peak YoY movement for Operating Margin: tumbled -31615bps in 2024, then soared 32674bps in 2025.
  • A 3-year view of Operating Margin shows it stood at 35.01% in 2023, then increased by 16bps to 40.45% in 2024, then crashed by -213bps to 45.6% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 45.6% in Q4 2025, 52.46% in Q3 2025, and 103.85% in Q2 2025.