Cipher Digital (CIFR) Share-based Compensation (2022 - 2026)
Cipher Digital (CIFR) recorded Share-based Compensation of $26.63 million in Q3 2026, up 224.6% from $8.21 million a year earlier but down 12.7% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Share-based Compensation (2022 - 2026) Analysis & Trends
On a TTM basis, Cipher Digital's Share-based Compensation came in at $109.17 million as of Sep 30, 2026, up 186.5% year-over-year; for FY2025, it came in at $52.79 million, up 25.3% from FY2024.
- Annual Share-based Compensation has a four-year compound annual growth rate of -4.6% (FY2021 to FY2025).
- Across earlier years, Share-based Compensation came in at $42.13 million in FY2024 (+9.5%), $38.47 million in FY2023 (-7.3%), $41.5 million in FY2022 (-34.9%) and $63.77 million in FY2021.
- Quarterly Share-based Compensation has ranged from $8.21 million in Q3 2025 to $30.53 million in Q2 2026 over the past five years.
- On a year-over-year basis, Share-based Compensation has increased for four consecutive quarters, with growth averaging 91.1% over the last eight quarters.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 224.6% in Q3 2026, against a decline of 21.3% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $30.53 million (Q2 2026), $27.05 million (Q1 2026) and $24.96 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 3.13 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 535.00 Mn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 141.00 Mn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | 167.63 Mn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | 102.50 Mn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | 20.30 Mn |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | 165.00 Mn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | 94.53 Mn |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 67.30 Mn |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn | 26.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.63 Mn |
| Jun 30, 2026 | 30.53 Mn |
| Mar 31, 2026 | 27.05 Mn |
| Dec 31, 2025 | 24.96 Mn |
| Sep 30, 2025 | 8.21 Mn |
| Jun 30, 2025 | 10.49 Mn |
| Mar 31, 2025 | 9.13 Mn |
| Dec 31, 2024 | 10.27 Mn |
| Sep 30, 2024 | 10.21 Mn |
| Jun 30, 2024 | 13.34 Mn |
| Mar 31, 2024 | 8.32 Mn |
| Dec 31, 2023 | 9.78 Mn |
| Sep 30, 2023 | 10.70 Mn |
| Jun 30, 2023 | 9.18 Mn |
| Mar 31, 2023 | 8.81 Mn |
| Dec 31, 2022 | 11.43 Mn |
| Sep 30, 2022 | 10.49 Mn |
| Jun 30, 2022 | 10.06 Mn |
| Mar 31, 2022 | 9.51 Mn |
API Access
Cipher Digital Share-based Compensation 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=share-based-compensation&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();