Cipher Digital (CIFR) Property, Plant & Equipment (Net) (2021 - 2026)
Cipher Digital's Property, Plant & Equipment (Net) was $2.13 billion in Q2 2026, up 350.0% from $473.89 million a year earlier and up 63.1% 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 Q2 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 eight straight quarters, with growth averaging 122.6% 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 Q2 2026 was $1.31 billion (Q1 2026), $633.42 million (Q4 2025) and $649.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 313.08 Bn |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 5.74 Bn |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | 703.21 Mn |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 25.22 Bn |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | 13.05 Bn |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | 46.74 Bn |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | 227.70 Mn |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | 134.89 Mn |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 2.64 Bn |
| 10 | Cipher Digital | 6.51 Bn | 3.15 Bn | 9.79 Mn | 2.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 130,451.00 |
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();