Cipher Digital (CIFR) Revenue (2023 - 2026)
Cipher Digital (CIFR) posted Revenue of $24.84 million for Q2 2026, down 43.0% from $43.57 million a year earlier and down 28.7% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Revenue (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Revenue at Cipher Digital was $191.09 million, up 20.3% year-over-year; for FY2025, it was $223.94 million, up 48.0% from FY2024.
- Annual Revenue shows a three-year compound annual growth rate of 319.3% (FY2022 to FY2025).
- In prior years, Cipher Digital's Revenue was $151.27 million in FY2024 (+19.3%), $126.84 million in FY2023 and $3.04 million in FY2022.
- The Q2 2026 figure stands as the lowest quarterly Revenue since Q3 2024.
- On a year-over-year basis, Revenue increased in four of the last eight quarters, with growth averaging 20.5%.
- The strongest year-over-year quarter for Revenue in the past five years was Q3 2025, with growth of 197.5%; the weakest was Q2 2026, with a decline of 43.0%.
- According to Business Quant data, Revenue for the three prior quarters was $34.84 million (Q1 2026), $59.71 million (Q4 2025) and $71.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,889.44 Bn | 3,824.93 Bn | 62.56 Bn | 92.28 Bn |
| 2 | International Business Machines | 239.56 Bn | 239.56 Bn | 9.71 Bn | 17.10 Bn |
| 3 | Cloudflare | 106.73 Bn | 90.26 Bn | 499.52 Mn | 696.06 Mn |
| 4 | Equinix | 104.12 Bn | 92.02 Bn | 1.31 Bn | 2.57 Bn |
| 5 | Nebius | 42.70 Bn | 16.13 Bn | 448.70 Mn | 582.30 Mn |
| 6 | CoreWeave | 34.84 Bn | 21.93 Bn | 1.70 Bn | 2.58 Bn |
| 7 | Verisign | 27.46 Bn | 24.81 Bn | 393.20 Mn | 443.00 Mn |
| 8 | Nutanix | 18.98 Bn | 10.66 Bn | 651.35 Mn | 757.08 Mn |
| 9 | Akamai Technologies | 14.16 Bn | 7.57 Bn | 613.75 Mn | 1.10 Bn |
| 10 | Cipher Digital | 3.42 Bn | 39.70 Mn | 9.79 Mn | 24.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.84 Mn |
| Mar 31, 2026 | 34.84 Mn |
| Dec 31, 2025 | 59.71 Mn |
| Sep 30, 2025 | 71.71 Mn |
| Jun 30, 2025 | 43.57 Mn |
| Mar 31, 2025 | 48.96 Mn |
| Dec 31, 2024 | 42.22 Mn |
| Sep 30, 2024 | 24.10 Mn |
| Jun 30, 2024 | 36.81 Mn |
| Mar 31, 2024 | 48.14 Mn |
| Dec 31, 2023 | 43.42 Mn |
| Sep 30, 2023 | 30.30 Mn |
| Jun 30, 2023 | 31.22 Mn |
| Mar 31, 2023 | 21.90 Mn |
API Access
Cipher Digital Revenue 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=revenue&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();