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
DateValue
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%