Cypherpunk Technologies (CYPH) Operating Income (2016 - 2025)
Cypherpunk Technologies' (CYPH) quarterly Operating Income came in at -$5.1 million in Q4 2025, down 112.8% year-on-year from $39.9 million in Q4 2024, and down 61.18% quarter-over-quarter from -$3.2 million in Q3 2025.
Cypherpunk Technologies (CYPH) Operating Income (2016 - 2025) Analysis & Trends
Cypherpunk Technologies has disclosed Operating Income across 10 years of filings, most recently posting -$5.1 million for Q4 2025.
- Operating Income for Q4 2025 came in at -$5.1 million, down 112.8% year-over-year; the trailing twelve-month figure through Dec 2025 was -$41.1 million (down 192.0% YoY), and the FY2025 annual result was -$41.1 million, down 192.0% from the prior year.
- Operating Income came in at -$5.1 million for Q4 2025 at Cypherpunk Technologies, down from -$3.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $39.9 million in Q4 2024 to a low of -$42.7 million in Q1 2023.
- The 5-year median for Operating Income is -$14.7 million (2023), against an average of -$12.0 million.
- Across the five-year window, Operating Income tumbled 301.86% in 2023 and jumped 369.01% in 2024, its largest moves.
- Cypherpunk Technologies' Operating Income stood at -$10.5 million in 2021, then slumped by 32.94% to -$13.9 million in 2022, then fell by 6.29% to -$14.8 million in 2023, then surged by 369.01% to $39.9 million in 2024, then slumped by 112.8% to -$5.1 million in 2025.
- The last three Operating Income figures came in at -$5.1 million (Q4 2025), -$3.2 million (Q3 2025), and -$16.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 2.81 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.99 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 79.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Cypherpunk Technologies | 49.63 Mn | 49.63 Mn | - | -5.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.10 Mn |
| Sep 30, 2025 | -3.17 Mn |
| Jun 30, 2025 | -16.88 Mn |
| Mar 31, 2025 | -15.92 Mn |
| Dec 31, 2024 | 39.87 Mn |
| Sep 30, 2024 | -17.86 Mn |
| Jun 30, 2024 | -21.25 Mn |
| Mar 31, 2024 | -14.83 Mn |
| Dec 31, 2023 | -14.82 Mn |
| Sep 30, 2023 | -14.83 Mn |
| Jun 30, 2023 | -14.66 Mn |
| Mar 31, 2023 | -42.73 Mn |
| Dec 31, 2022 | -13.94 Mn |
| Sep 30, 2022 | -15.29 Mn |
| Jun 30, 2022 | -16.90 Mn |
| Mar 31, 2022 | -10.63 Mn |
| Dec 31, 2021 | -10.49 Mn |
| Sep 30, 2021 | -12.14 Mn |
| Jun 30, 2021 | -9.63 Mn |
| Mar 31, 2021 | -9.17 Mn |