Cipher Digital reported revenue of $24.84M and net income of -$267.53M for the quarter ended Jun 2026, down 43.0% year over year. This income statement covers 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 21.89M | 31.22M | 30.30M | 43.42M | 48.14M | 36.81M | 24.10M | 42.22M | 48.96M | 43.56M | 71.71M | 59.71M | 34.84M | 24.84M | ||||||||||
| Cost of RevenueCost of Rev | 8.14M | 15.87M | 13.01M | 13.29M | 14.82M | 14.28M | 15.06M | 18.20M | 14.89M | 15.33M | 26.73M | 24.26M | 17.70M | 15.05M | ||||||||||
| Gross Profit | 13.75M | 15.36M | 17.30M | 30.13M | 33.32M | 22.53M | 9.04M | 24.02M | 34.06M | 28.23M | 44.97M | 35.45M | 17.13M | 9.79M | ||||||||||
| Operating items | ||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.00M | 0.01M | 0.01M | 0.01M | 4.37M | 11.70M | 14.41M | 16.20M | 16.80M | 17.10M | 20.30M | 28.50M | 36.70M | 43.30M | 43.90M | 59.30M | 52.50M | 18.10M | 18.60M | |||||
| Selling, General & AdministrativeSG&A | 2.28M | 69.20M | 17.39M | 16.70M | 17.75M | 18.99M | 5.48M | 8.67M | 6.83M | 6.82M | 6.08M | 8.37M | 8.92M | 9.29M | 8.95M | 9.08M | 8.17M | 10.19M | 11.74M | 16.48M | ||||
| Restructuring CostsRestructuring | ||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 147.00 | -312.00 | 0.00M | 12.61M | ||||||||||||||||||||
| Operating ExpensesOpex | 2.28M | 69.21M | 17.40M | 29.33M | 17.77M | 23.36M | 17.18M | 23.08M | 23.03M | 23.62M | 23.18M | 28.66M | 37.42M | 45.99M | 52.25M | 52.98M | 67.47M | 62.68M | 29.84M | 35.08M | ||||
| Operating IncomeOp. Inc | -2.28M | -69.21M | -17.55M | -29.33M | 59.23M | -49.77M | -4.12M | -12.09M | -19.11M | 15.20M | 46.79M | -16.17M | -91.39M | 17.08M | -38.09M | -45.24M | -37.62M | -300.62M | -114.57M | -78.54M | ||||
| EBIT | -2.28M | -69.21M | -17.55M | -29.33M | 59.23M | -49.77M | -4.12M | -12.09M | -19.11M | 15.20M | 46.79M | -16.17M | -91.39M | 17.08M | -38.09M | -45.24M | -37.62M | -300.62M | -114.57M | -78.54M | ||||
| Non-operating items | ||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.03M | 0.40M | 0.48M | 0.63M | 0.49M | 0.40M | 0.37M | 0.35M | 0.59M | 0.78M | 1.14M | 1.29M | 33.36M | 59.16M | 66.74M | |||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.00M | -0.04M | 0.01M | 0.04M | 0.06M | 0.11M | 0.08M | 0.03M | 0.01M | 0.05M | 0.79M | 1.05M | 1.19M | 0.36M | 0.19M | 0.30M | 0.46M | 18.54M | 31.59M | 35.86M | ||||
| Other Non Operating IncomeOther Non Op Inc. | 0.06M | 0.11M | 0.06M | -0.01M | 5.33M | 3.22M | -0.61M | -0.63M | -1.96M | 1.41M | 0.84M | -1.31M | -0.74M | 1.22M | 34.03M | -439.87M | -15.38M | -7.24M | ||||||
| Non Operating IncomeNon Op. Inc. | -0.14M | 0.11M | 0.06M | 0.38M | -188.63M | |||||||||||||||||||
| Net income details | ||||||||||||||||||||||||
| EBT | -2.31M | -69.25M | -17.50M | -29.22M | 59.29M | -49.79M | -4.48M | -12.58M | -19.72M | 14.57M | 45.46M | -14.76M | -90.56M | 15.54M | -38.83M | -44.86M | -3.59M | -738.28M | -113.91M | -267.16M | ||||
| Tax ProvisionsTaxes | 0.07M | 0.61M | -1.10M | 3.98M | 5.56M | 0.53M | -3.80M | -1.03M | 0.78M | 1.15M | -0.77M | -4.47M | 0.41M | 0.37M | ||||||||||
| Profit After TaxPAT | -2.42M | -69.07M | -17.50M | -29.22M | 59.29M | -51.63M | -4.55M | -13.20M | -18.62M | 10.60M | 39.90M | -15.29M | -86.75M | 17.51M | -38.98M | -45.78M | -3.28M | -734.21M | -114.32M | -267.53M | ||||
| Equity Income | -0.15M | -12.08M | -8.35M | -16.39M | -0.75M | -1.43M | -2.00M | 1.65M | 0.74M | -0.58M | 0.85M | -1.39M | -5.29M | -1.70M | -1.48M | -12.35M | -1.60M | |||||||
| Income from Continuing OperationsIncome (Continuing) | -2.31M | -69.25M | -17.50M | -29.22M | 59.29M | -49.79M | -4.55M | -13.20M | -18.62M | 10.60M | 39.90M | -15.29M | -86.75M | 16.57M | -39.61M | -46.01M | -2.82M | -733.81M | -114.32M | -267.53M | ||||
| Consolidated Net IncomeConsol Net Inc. | -2.31M | -69.25M | -17.50M | -29.22M | 59.29M | -49.79M | -4.55M | -13.20M | -18.62M | 10.60M | 39.90M | -15.29M | -86.75M | 16.57M | -39.61M | -46.01M | -2.82M | -733.81M | -114.32M | -267.53M | ||||
| Income towards Parent CompanyParent Net Inc | -2.31M | -69.25M | -17.50M | -29.22M | 59.29M | -49.79M | -4.55M | -13.20M | -18.62M | 10.60M | 39.90M | -15.29M | -86.75M | 16.57M | -39.61M | -46.01M | -2.82M | -733.81M | -114.32M | -267.53M | ||||
| Net Income towards Common StockholdersNet Income | -2.31M | -69.25M | -17.50M | -29.22M | 59.29M | -49.79M | -4.55M | -13.20M | -18.62M | 10.60M | 39.90M | -15.29M | -86.75M | 16.57M | -39.61M | -46.01M | -2.82M | -733.81M | -114.32M | -267.53M | ||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -0.01 | -0.32 | -0.07 | -0.12 | 0.24 | -0.20 | -0.02 | -0.05 | -0.07 | 0.04 | 0.13 | -0.05 | -0.26 | 0.05 | -0.11 | -0.12 | -0.01 | -1.92 | -0.28 | -0.65 | ||||
| EPS (Diluted) | -0.01 | -0.32 | -0.07 | -0.12 | 0.24 | -0.20 | -0.02 | -0.05 | -0.07 | 0.04 | 0.13 | -0.05 | -0.26 | 0.05 | -0.11 | -0.12 | -0.01 | -1.92 | -0.28 | -0.65 | ||||
| Shares Outstanding | 217.64M | 218.03M | 250.17M | 247.73M | 247.51M | 248.23M | 248.65M | 249.13M | 251.79M | 252.44M | 296.64M | 314.35M | 332.68M | 323.10M | 360.51M | 375.05M | 393.19M | 381.60M | 405.11M | 409.38M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 217.64M | 218.03M | 250.17M | 247.73M | 248.34M | 248.23M | 248.65M | 249.13M | 251.79M | 252.44M | 304.40M | 314.35M | 332.68M | 323.10M | 360.51M | 375.05M | 393.19M | 381.60M | 405.11M | 409.38M | ||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 246.38M | 249.28M | 250.17M | 247.49M | 247.52M | 247.55M | 248.91M | 250.41M | 254.56M | 290.96M | 306.54M | 328.62M | 347.80M | 350.78M | 370.86M | 386.76M | 393.60M | 404.96M | 405.27M | 414.25M | ||||
| EBITDA | -2.28M | -69.20M | -17.55M | -29.32M | 59.24M | -45.40M | 7.58M | 2.32M | -2.91M | 32.00M | 63.89M | 4.13M | -62.89M | 53.78M | 5.21M | -1.34M | 21.68M | -248.12M | -96.47M | -59.94M | ||||
| Interest ExpensesInt Expense | 0.03M | 0.40M | 0.48M | 0.63M | 0.49M | 0.40M | 0.37M | 0.35M | 0.59M | 0.78M | 1.14M | 1.29M | 33.36M | 59.16M | 66.74M | |||||||||
| Tax Rate | -1.56% | -4.89% | 5.56% | 27.30% | 12.24% | -3.58% | 4.20% | -6.66% | -2.01% | -2.55% | 21.39% | 0.61% | -0.36% | -0.14% |