Cipher Digital (CIFR) Shares Outstanding (2020 - 2026)
Cipher Digital (CIFR) posted Shares Outstanding of 409.38 million for Q2 2026, up 9.2% from 375.05 million a year earlier and up 1.1% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Shares Outstanding (2020 - 2026) Analysis & Trends
For FY2025, Cipher Digital's Shares Outstanding came in at 381.6 million, up 18.1% from FY2024.
- Annual Shares Outstanding has increased for four consecutive years, with a five-year compound annual growth rate of 106.5% (FY2020 to FY2025).
- In prior years, Cipher Digital's Shares Outstanding was 323.1 million in FY2024 (+28.0%), 252.44 million in FY2023 (+1.7%), 248.23 million in FY2022 (+13.9%) and 218.03 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q3 2020.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 13 quarters, with growth averaging 19.8% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was Q3 2024, with growth of 32.1%; the weakest was Q1 2023, with a decline of 0.6%.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 405.11 million (Q1 2026), 381.6 million (Q4 2025) and 393.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,772.48 Bn | 3,707.97 Bn | 62.56 Bn | 7.43 Bn |
| 2 | International Business Machines | 239.00 Bn | 239.00 Bn | 9.71 Bn | 941.20 Mn |
| 3 | Equinix | 98.07 Bn | 85.97 Bn | 1.31 Bn | 98.79 Mn |
| 4 | Cloudflare | 93.85 Bn | 77.37 Bn | 499.52 Mn | 354.33 Mn |
| 5 | Nebius | 34.31 Bn | 7.74 Bn | 448.70 Mn | 242.53 Mn |
| 6 | Verisign | 27.80 Bn | 25.15 Bn | 393.20 Mn | 90.10 Mn |
| 7 | CoreWeave | 27.51 Bn | 14.60 Bn | 1.70 Bn | 551.00 Mn |
| 8 | Nutanix | 17.37 Bn | 9.06 Bn | 651.35 Mn | 268.69 Mn |
| 9 | GoDaddy | 15.33 Bn | 15.33 Bn | - | 130.76 Mn |
| 10 | Cipher Digital | 2.80 Bn | -583.13 Mn | 9.79 Mn | 409.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 409.38 Mn |
| Mar 31, 2026 | 405.11 Mn |
| Dec 31, 2025 | 381.60 Mn |
| Sep 30, 2025 | 393.19 Mn |
| Jun 30, 2025 | 375.05 Mn |
| Mar 31, 2025 | 360.51 Mn |
| Dec 31, 2024 | 323.10 Mn |
| Sep 30, 2024 | 332.68 Mn |
| Jun 30, 2024 | 314.35 Mn |
| Mar 31, 2024 | 296.64 Mn |
| Dec 31, 2023 | 252.44 Mn |
| Sep 30, 2023 | 251.79 Mn |
| Jun 30, 2023 | 249.13 Mn |
| Mar 31, 2023 | 248.65 Mn |
| Dec 31, 2022 | 248.23 Mn |
| Sep 30, 2022 | 247.51 Mn |
| Jun 30, 2022 | 247.73 Mn |
| Mar 31, 2022 | 250.17 Mn |
| Dec 31, 2021 | 218.03 Mn |
| Sep 30, 2021 | 217.64 Mn |
API Access
Cipher Digital Shares Outstanding 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=shares-outstanding&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();