Cipher Digital (CIFR) Tax Provisions (2023 - 2026)
Cipher Digital (CIFR) posted Tax Provisions of $367000.0 for Q2 2026, down 9.83% on a QoQ basis from $407000.0 in Q1 2026, and down 67.95% year-over-year from $1.1 million in Q2 2025.
Analysis
Cipher Digital (CIFR) Tax Provisions (2023 - 2026) Analysis & Trends
Cipher Digital has reported Tax Provisions for 4 years, with the latest figure at $367000.0 in Q2 2026.
- On a quarterly basis, Tax Provisions fell 67.95% year-over-year to $367000.0 in Q2 2026; TTM through Jun 2026 was -$4.5 million, a 53.21% decrease from a year earlier, with the FY2025 full-year figure at -$3.3 million, down 363.98% from the prior year.
- Tax Provisions was $367000.0 for Q2 2026 at Cipher Digital, down from $407000.0 in the prior quarter.
- The five-year high for Tax Provisions was $5.6 million in Q1 2024, with the low at -$4.5 million in Q4 2025.
- Average Tax Provisions over 4 years is $163071.4, with a median of $387000.0 recorded in 2026.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions jumped 7848.57% in 2024, then plunged 331.88% in 2025.
- Over 4 years, Tax Provisions stood at $4.0 million in 2023, then sank by 126.01% to -$1.0 million in 2024, then slumped by 331.88% to -$4.5 million in 2025, then soared by 108.21% to $367000.0 in 2026.
- The last three Tax Provisions figures came in at $367000.0 (Q2 2026), $407000.0 (Q1 2026), and -$4.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | 46.00 Mn |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | 28,000.00 |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | 1.77 Mn |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | 367,000.00 |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | -31.47 Mn |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | 1.91 Mn |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | -8.53 Mn |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | -1.05 Mn |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | -749,000.00 |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | -2,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 367,000.00 |
| Mar 31, 2026 | 407,000.00 |
| Dec 31, 2025 | -4.47 Mn |
| Sep 30, 2025 | -767,000.00 |
| Jun 30, 2025 | 1.15 Mn |
| Mar 31, 2025 | 779,000.00 |
| Dec 31, 2024 | -1.04 Mn |
| Sep 30, 2024 | -3.80 Mn |
| Jun 30, 2024 | 528,000.00 |
| Mar 31, 2024 | 5.56 Mn |
| Dec 31, 2023 | 3.98 Mn |
| Sep 30, 2023 | -1.10 Mn |
| Jun 30, 2023 | 615,000.00 |
| Mar 31, 2023 | 70,000.00 |