Cipher Digital (CIFR) Tax Rate (2023 - 2026)
Cipher Digital's (CIFR) quarterly Tax Rate came in at 0.36% in Q1 2026, up 165.0% year-on-year from 0.13% in Q1 2025, and down 1232.26% quarter-over-quarter from 0.03% in Q4 2025.
Cipher Digital (CIFR) Tax Rate (2023 - 2026) Analysis & Trends
Cipher Digital's Tax Rate history runs 4 years deep, the most recent figure standing at 0.36% for Q1 2026.
- On a quarterly basis, Tax Rate rose 165.0% year-over-year to 0.36% in Q1 2026; TTM through Mar 2026 was 0.16%, a 127.0% increase from a year earlier, with the FY2025 full-year figure at 0.12%, up 272.0% from the prior year.
- Tax Rate declined to 0.36% in Q1 2026 per CIFR's latest filing, from 0.03% in the prior quarter.
- Across five years, Tax Rate topped out at 27.3% in Q4 2023 and bottomed at 4.89% in Q2 2023.
- The 4-year median for Tax Rate is 0.36% (2026), against an average of 2.74%.
- Biggest YoY gain for Tax Rate was 1262 bps in 2024; the steepest drop was 2522 bps in 2024.
- Year by year, Tax Rate stood at 27.3% in 2023, then sank by 92 bps to 2.08% in 2024, then tumbled by 101 bps to 0.03% in 2025, then sank by 1232 bps to 0.36% in 2026.
- Per Business Quant, the three latest CIFR Tax Rate figures stand at 0.36% (Q1 2026), 0.03% (Q4 2025), and 8.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 24.19% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -8.48% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 29.49% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 28.00% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 40.93% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 23.99% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -22.49% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.88% |
| 10 | Cipher Digital | 10.46 Bn | 9.75 Bn | 17.13 Mn | -0.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.36% |
| Mar 31, 2026 | -0.36% |
| Mar 31, 2026 | -0.36% |
| Dec 31, 2025 | -0.03% |
| Dec 31, 2025 | -0.03% |
| Dec 31, 2025 | -0.03% |
| Sep 30, 2025 | 8.45% |
| Sep 30, 2025 | 8.45% |
| Sep 30, 2025 | 8.45% |
| Jun 30, 2025 | -2.55% |
| Jun 30, 2025 | -2.55% |
| Jun 30, 2025 | -2.55% |
| Mar 31, 2025 | -2.01% |
| Mar 31, 2025 | -2.01% |
| Mar 31, 2025 | -2.01% |
| Dec 31, 2024 | 2.08% |
| Dec 31, 2024 | 2.08% |
| Dec 31, 2024 | 2.08% |
| Sep 30, 2024 | -0.23% |
| Sep 30, 2024 | -0.23% |