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
DateValue
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