Growth Metrics

Cipher Digital (CIFR) Operating Margin (2023 - 2026)

Cipher Digital has reported Operating Margin over the past 4 years, most recently at 328.86% for Q1 2026.

  • For Q1 2026, Operating Margin fell 25107.0% year-over-year to 328.86%; the TTM value through Mar 2026 reached 237.37%, down 15283.0%, while the annual FY2025 figure was 188.25%, 15936.0% down from the prior year.
  • Operating Margin for Q1 2026 was 328.86% at Cipher Digital, up from 503.45% in the prior quarter.
  • Over five years, Operating Margin peaked at 97.19% in Q1 2024 and troughed at 503.45% in Q4 2025.
  • A 4-year average of 110.58% and a median of 52.46% in 2025 define the central range for Operating Margin.
  • On a YoY basis, Operating Margin climbed as much as 32674bps in 2025 and fell as far as -54390bps in 2025.
  • Year by year, Operating Margin stood at 35.01% in 2023, then grew by 16bps to 40.45% in 2024, then plummeted by -1345bps to 503.45% in 2025, then skyrocketed by 35bps to 328.86% in 2026.
  • Business Quant data shows Operating Margin for CIFR at 328.86% in Q1 2026, 503.45% in Q4 2025, and 52.46% in Q3 2025.