Cipher Digital (CIFR) Return on Invested Capital [ROIC] (2025 - 2026)
Cipher Digital (CIFR) recorded Return on Invested Capital [ROIC] of -9.20% in Q3 2026, down 1.69 percentage points from -7.50% a year earlier and down 0.02 percentage points from the prior quarter.
Cipher Digital (CIFR) Return on Invested Capital [ROIC] (2025 - 2026) Analysis & Trends
For FY2025, Cipher Digital reported Return on Invested Capital [ROIC] of -19.67%, down 12.42 percentage points from FY2024.
- Across earlier years, Return on Invested Capital [ROIC] came in at -7.25% in FY2024.
- Quarterly Return on Invested Capital [ROIC] has ranged from -18.14% in Q2 2025 to -7.50% in Q3 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at -9.17% (Q2 2026), -11.03% (Q1 2026) and -15.66% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 26.51% |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 11.50% |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 5.67% |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | -17.58% |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | -3.87% |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | -1.20% |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 28.21% |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn | -9.20% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -9.20% |
| Jun 30, 2026 | -9.17% |
| Mar 31, 2026 | -11.03% |
| Dec 31, 2025 | -15.66% |
| Sep 30, 2025 | -7.50% |
| Jun 30, 2025 | -18.14% |
| Mar 31, 2025 | -16.63% |
Cipher Digital Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=CIFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();