Cypherpunk Technologies CYPH
NASDAQ CYPH
$3.60 +0.53 (+17.26%)
At close: Sep 18, 2026 · 4:00 PM EDT

Cypherpunk Technologies (CYPH) Free Cash Flow (2016 - 2025)

Cypherpunk Technologies' (CYPH) quarterly Free Cash Flow came in at -$6.6 million in Q4 2025, up 57.33% year-over-year from -$4.2 million in Q4 2024, and up 20.42% quarter-over-quarter from -$8.3 million in Q3 2025.

Analysis

Cypherpunk Technologies (CYPH) Free Cash Flow (2016 - 2025) Analysis & Trends

Cypherpunk Technologies has disclosed Free Cash Flow across 10 years of filings, most recently posting -$6.6 million for Q4 2025.

  • In Q4 2025, Free Cash Flow rose 57.33% year-over-year to -$6.6 million; the TTM figure through Dec 2025 stood at -$43.9 million (up 27.19% YoY), while the FY2025 annual figure was -$140.9 million, down 133.67% from the prior year.
  • Free Cash Flow came in at -$6.6 million for Q4 2025 at Cypherpunk Technologies, up from -$8.3 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$6.6 million in Q4 2025 to a low of -$15.6 million in Q3 2024.
  • Average Free Cash Flow over 5 years is -$11.6 million, with a median of -$11.9 million recorded in 2022.
  • Year-over-year, Free Cash Flow slumped 118.72% in 2021 and soared 57.33% in 2025.
  • Over 5 years, Free Cash Flow stood at -$10.7 million in 2021, then fell by 21.44% to -$13.0 million in 2022, then advanced by 20.24% to -$10.4 million in 2023, then slumped by 49.44% to -$15.5 million in 2024, then soared by 57.33% to -$6.6 million in 2025.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$6.6 million in Q4 2025, -$8.3 million in Q3 2025, and -$14.5 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Coinbase Global 51.24 Bn 42.45 Bn 1.16 Bn 197.31 Mn
2 Bullish 5.78 Bn 5.72 Bn 15.53 Mn 17.52 Mn
3 Cypherpunk Technologies 663.58 Mn 663.58 Mn - -
4 Canton Strategic Holdings 498.79 Mn 498.79 Mn - -7.00 Mn
5 Bakkt 387.06 Mn 336.37 Mn 2.21 Mn -14.82 Mn
6 Coincheck 264.39 Mn 162.79 Mn 11.20 Mn -6.60 Mn
7 Wewards 214.97 Mn 214.97 Mn - -14,752.00
8 Exodus Movement 205.10 Mn -149.98 Mn - -48.98 Mn
9 Usbc 197.95 Mn 194.29 Mn - -15.23 Mn
10 TON Strategy 191.64 Mn 191.61 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -6.62 Mn
Sep 30, 2025 -8.32 Mn
Jun 30, 2025 -14.49 Mn
Mar 31, 2025 -14.48 Mn
Dec 31, 2024 -15.51 Mn
Sep 30, 2024 -15.60 Mn
Jun 30, 2024 -13.67 Mn
Mar 31, 2024 -15.52 Mn
Dec 31, 2023 -10.38 Mn
Sep 30, 2023 -10.49 Mn
Jun 30, 2023 -10.19 Mn
Mar 31, 2023 -12.70 Mn
Dec 31, 2022 -13.01 Mn
Sep 30, 2022 -12.25 Mn
Jun 30, 2022 -12.26 Mn
Mar 31, 2022 -11.52 Mn
Dec 31, 2021 -10.72 Mn
Sep 30, 2021 -8.10 Mn
Jun 30, 2021 -7.75 Mn
Mar 31, 2021 -8.59 Mn