Cipher Digital (CIFR) Tax Rate (2023 - 2026)
Cipher Digital (CIFR) recorded quarterly Tax Rate of 0.36% in Q1 2026, down 1232.26% quarter-over-quarter from 0.03% in Q4 2025, and up 1.0% on a YoY basis from 0.35% in Q1 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.
- In Q1 2026, Tax Rate rose 1.0% year-over-year to 0.36%; the TTM figure through Mar 2026 stood at 0.11% (up 83.0% YoY), while the FY2025 annual figure was 0.12%, up 272.0% from the prior year.
- Tax Rate was 0.36% for Q1 2026 at Cipher Digital, down from 0.03% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 21.39% in Q3 2025 to a low of 3.58% in Q2 2024.
- Historically, Tax Rate has averaged 2.14% across 4 years, with a median of 0.25% in 2023.
- Biggest YoY gain for Tax Rate was 2162 bps in 2025; the steepest drop was 1261 bps in 2025.
- A 4-year view of Tax Rate shows it stood at 0.4% in 2023, then surged by 422 bps to 2.08% in 2024, then sank by 101 bps to 0.03% in 2025, then tumbled by 1232 bps to 0.36% in 2026.
- The last three Tax Rate figures came in at 0.36% (Q1 2026), 0.03% (Q4 2025), and 21.39% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 21.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 12.40% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 24.31% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 23.99% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 40.93% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 18.88% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 26.21% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 21.91% |
| 10 | Cipher Digital | 9.09 Bn | 8.38 Bn | 17.13 Mn | -0.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.36% |
| Mar 31, 2026 | -0.36% |
| Dec 31, 2025 | -0.03% |
| Dec 31, 2025 | -0.03% |
| Sep 30, 2025 | 21.39% |
| Sep 30, 2025 | 21.39% |
| Jun 30, 2025 | -2.55% |
| Jun 30, 2025 | -2.55% |
| Mar 31, 2025 | -0.37% |
| Mar 31, 2025 | -0.37% |
| Dec 31, 2024 | 2.08% |
| Dec 31, 2024 | 2.08% |
| Sep 30, 2024 | -0.23% |
| Sep 30, 2024 | -0.23% |
| Jun 30, 2024 | -3.58% |
| Jun 30, 2024 | -3.58% |
| Mar 31, 2024 | 12.24% |
| Mar 31, 2024 | 12.24% |
| Dec 31, 2023 | 0.40% |
| Dec 31, 2023 | 0.40% |