Cypherpunk Technologies (CYPH) Operating Income (2016 - 2025)

Cypherpunk Technologies recorded quarterly Operating Income of -$5.1 million in Q4 2025, down 61.18% quarter-over-quarter from -$3.2 million in Q3 2025, and down 112.8% year-over-year from $39.9 million in Q4 2024.

Cypherpunk Technologies' Operating Income history runs 10 years deep, the most recent figure standing at -$5.1 million for Q4 2025.

  • In Q4 2025, Operating Income fell 112.8% year-over-year to -$5.1 million; the TTM figure through Dec 2025 stood at -$41.1 million (down 192.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of -$12.0 million and a median of -$14.7 million in 2023 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income slumped 301.86% in 2023 and surged 369.01% in 2024, its largest moves.
  • Cypherpunk Technologies' Operating Income stood at -$10.5 million in 2021, then sank by 32.94% to -$13.9 million in 2022, then retreated by 6.29% to -$14.8 million in 2023, then soared by 369.01% to $39.9 million in 2024, then sank by 112.8% to -$5.1 million in 2025.
  • According to Business Quant data, Operating Income over the past three periods registered -$5.1 million, -$3.2 million, and -$16.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 2.81 Bn
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - 1.99 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 79.00 Mn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 901.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Cypherpunk Technologies 69.78 Mn 69.78 Mn - -5.10 Mn

Historic Data

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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
Dec 31, 2020 -7.15 Mn
Sep 30, 2020 -7.51 Mn
Jun 30, 2020 -7.50 Mn
Mar 31, 2020 -6.38 Mn
Dec 31, 2019 -8.27 Mn
Sep 30, 2019 -7.92 Mn
Jun 30, 2019 -8.46 Mn
Mar 31, 2019 -8.80 Mn
Dec 31, 2018 -8.97 Mn
Sep 30, 2018 -8.60 Mn
Jun 30, 2018 -6.84 Mn
Mar 31, 2018 -6.34 Mn
Dec 31, 2017 -6.55 Mn
Sep 30, 2017 -8.58 Mn
Jun 30, 2017 -7.02 Mn
Mar 31, 2017 -10.21 Mn
Dec 31, 2016 -7.94 Mn
Sep 30, 2016 -7.03 Mn
Jun 30, 2016 -7.19 Mn
Mar 31, 2016 -5.14 Mn