Cipher Digital CIFR
NASDAQ CIFR
$15.93 -0.97 (-5.74%)
As of: Sep 10, 2026 · 3:59 PM EDT

Cipher Digital (CIFR) Revenue (2023 - 2026)

Cipher Digital (CIFR) posted Revenue of $24.8 million for Q2 2026, down 28.71% on a QoQ basis from $34.8 million in Q1 2026, and down 42.99% year-over-year from $43.6 million in Q2 2025.

Analysis

Cipher Digital (CIFR) Revenue (2023 - 2026) Analysis & Trends

Cipher Digital has reported Revenue for 4 years, with the latest figure at $24.8 million in Q2 2026.

  • On a quarterly basis, Revenue fell 42.99% year-over-year to $24.8 million in Q2 2026; TTM through Jun 2026 was $191.1 million, a 20.3% increase from a year earlier, with the FY2025 full-year figure at $223.9 million, up 48.04% from the prior year.
  • Revenue was $24.8 million for Q2 2026 at Cipher Digital, down from $34.8 million in the prior quarter.
  • The five-year high for Revenue was $71.7 million in Q3 2025, with the low at $21.9 million in Q1 2023.
  • Average Revenue over 4 years is $40.1 million, with a median of $39.5 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Revenue soared 197.51% in 2025, then sank 42.99% in 2026.
  • Over 4 years, Revenue stood at $43.4 million in 2023, then slipped by 2.75% to $42.2 million in 2024, then surged by 41.42% to $59.7 million in 2025, then tumbled by 58.4% to $24.8 million in 2026.
  • The last three Revenue figures came in at $24.8 million (Q2 2026), $34.8 million (Q1 2026), and $59.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Equinix 101.08 Bn 98.85 Bn 1.40 Bn 2.63 Bn
2 Terawulf 7.85 Bn 5.09 Bn 32.37 Mn 44.77 Mn
3 Applied Digital 7.10 Bn 3.13 Bn 97.29 Mn 258.75 Mn
4 Cipher Digital 6.55 Bn 2.53 Bn 9.79 Mn 24.84 Mn
5 GDS Holdings 5.90 Bn 3.71 Bn 97.89 Mn 455.11 Mn
6 Core Scientific 5.67 Bn 3.73 Bn 70.04 Mn 164.20 Mn
7 Vnet 1.71 Bn 723.63 Mn 74.45 Mn 409.54 Mn
8 Sify Technologies 1.55 Bn 1.55 Bn 51.65 Mn 130.47 Mn
9 WhiteFiber 714.88 Mn 654.51 Mn 18.88 Mn 28.84 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn 3.39 Mn
Historic Data

Historic Data

Download Data
DateValue
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