Cipher Digital (CIFR) Return on Assets [ROA] (2021 - 2026)
Cipher Digital (CIFR) recorded Return on Assets [ROA] of -14.30% in Q3 2026, down 10.64 percentage points from -3.65% a year earlier but up 1.81 percentage points from the prior quarter.
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Analysis
Cipher Digital (CIFR) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Cipher Digital reported Return on Assets [ROA] of -31.95%, down 25.67 percentage points from FY2024.
- Annual Return on Assets [ROA] has a four-year change of -4.50 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at -6.28% in FY2024 (-1.04 pp), -5.24% in FY2023 (+4.87 pp), -10.11% in FY2022 (+17.34 pp) and -27.45% in FY2021.
- Quarterly Return on Assets [ROA] has ranged from -33.80% in Q2 2022 to 3.00% in Q1 2024 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has declined for four consecutive quarters, with an average year-over-year change of -7.96 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 31.81 percentage points in Q2 2023, against a drop of 18.22 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -16.11% (Q2 2026), -16.80% (Q1 2026) and -23.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 18.55% |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 7.27% |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 3.85% |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | -3.37% |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | 0.25% |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | 55.13% |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | -2.91% |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | 35.49% |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 12.09% |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn | -14.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -14.30% |
| Jun 30, 2026 | -16.11% |
| Mar 31, 2026 | -16.80% |
| Dec 31, 2025 | -23.06% |
| Sep 30, 2025 | -3.65% |
| Jun 30, 2025 | -15.94% |
| Mar 31, 2025 | -13.96% |
| Dec 31, 2024 | -5.47% |
| Sep 30, 2024 | -6.65% |
| Jun 30, 2024 | 2.28% |
| Mar 31, 2024 | 3.00% |
| Dec 31, 2023 | -5.25% |
| Sep 30, 2023 | -20.68% |
| Jun 30, 2023 | -1.99% |
| Mar 31, 2023 | -5.84% |
| Dec 31, 2022 | -9.01% |
| Sep 30, 2022 | -15.12% |
| Jun 30, 2022 | -33.80% |
| Mar 31, 2022 | -25.31% |
| Dec 31, 2021 | -19.75% |
API Access
Cipher Digital Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();