Cipher Digital (CIFR) Property, Plant & Equipment (Net) (2021 - 2026)
Cipher Digital's Property, Plant & Equipment (Net) was $3.9 billion in Q3 2026, up 500.1% from $649.88 million a year earlier and up 82.9% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Property, Plant & Equipment (Net) (2021 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at Cipher Digital came in at $633.42 million, up 31.7% from FY2024.
- Property, Plant & Equipment (Net) has now increased for three consecutive years, with a four-year compound annual growth rate of 233.4% (FY2021 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $480.87 million in FY2024 (+97.2%), $243.82 million in FY2023 (+27.5%), $191.19 million in FY2022 and $5.12 million in FY2021.
- The Q3 2026 figure marks the highest quarterly Property, Plant & Equipment (Net) in data going back to Q3 2021.
- Compared with a year earlier, Property, Plant & Equipment (Net) has increased for nine straight quarters, with growth averaging 182.5% over the last eight quarters.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q3 2023 (growth of 533.8%); the worst was Q2 2024 (a decline of 10.7%).
- Per Business Quant data, CIFR's Property, Plant & Equipment (Net) in the three quarters before Q3 2026 was $2.13 billion (Q2 2026), $1.31 billion (Q1 2026) and $633.42 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 346.84 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 6.04 Bn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 26.28 Bn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | 815.95 Mn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | 13.05 Bn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | 221.20 Mn |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | 46.74 Bn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | 134.89 Mn |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 141.30 Mn |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn | 3.90 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.90 Bn |
| Jun 30, 2026 | 2.13 Bn |
| Mar 31, 2026 | 1.31 Bn |
| Dec 31, 2025 | 633.42 Mn |
| Sep 30, 2025 | 649.88 Mn |
| Jun 30, 2025 | 473.89 Mn |
| Mar 31, 2025 | 477.97 Mn |
| Dec 31, 2024 | 480.87 Mn |
| Sep 30, 2024 | 310.70 Mn |
| Jun 30, 2024 | 239.08 Mn |
| Mar 31, 2024 | 238.54 Mn |
| Dec 31, 2023 | 243.82 Mn |
| Sep 30, 2023 | 258.30 Mn |
| Jun 30, 2023 | 267.79 Mn |
| Mar 31, 2023 | 263.03 Mn |
| Dec 31, 2022 | 191.19 Mn |
| Sep 30, 2022 | 40.75 Mn |
| Jun 30, 2022 | 23.64 Mn |
| Mar 31, 2022 | 15.18 Mn |
| Dec 31, 2021 | 5.12 Mn |
API Access
Cipher Digital Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();