Cipher Digital (CIFR) Shares Outstanding (Diluted) (2021 - 2026)
Cipher Digital (CIFR) recorded Weighted Average Shares Outstanding (Diluted) of 439.69 million in Q3 2026, up 11.8% from 393.19 million a year earlier and up 7.4% from the prior quarter.
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Cipher Digital (CIFR) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Cipher Digital reported Weighted Average Shares Outstanding (Diluted) of 381.6 million, up 18.1% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has increased for four straight years, with a four-year compound annual growth rate of 15.0% (FY2021 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 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 Q3 2026 figure is the highest quarterly Weighted Average Shares Outstanding (Diluted) in data going back to Q2 2021.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has increased for 14 consecutive quarters, with growth averaging 16.9% over the last eight quarters.
- Peak year-over-year performance for Weighted Average Shares Outstanding (Diluted) in the last five years was growth of 32.1% in Q3 2024, against a decline of 0.6% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 409.38 million (Q2 2026), 405.11 million (Q1 2026) and 381.6 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 7.45 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 953.52 Mn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 99.28 Mn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | 357.13 Mn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | 282.72 Mn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | 90.40 Mn |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | 551.00 Mn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | 292.18 Mn |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 125.70 Mn |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn | 439.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 439.69 Mn |
| 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 | 304.40 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 | 248.34 Mn |
| Jun 30, 2022 | 247.73 Mn |
| Mar 31, 2022 | 250.17 Mn |
| Dec 31, 2021 | 218.03 Mn |
API Access
Cipher Digital Shares Outstanding (Diluted) 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-diluted&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();