Cipher Digital Inc.
CIFRNasdaq
$17.56
↓ -0.9%Jul 17 close · end-of-day
Price
1Y↑ +180.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$7.1B
Enterprise Value
$11.1B
P/E
—
P/S
33.9
P/B
10.0
EV/EBITDA
—
PEG
—
FCF Yield
-14.2%
Dividend Yield
—
Revenue (TTM)
$209.8M
Net Income (TTM)
-$897.6M
Free Cash Flow (TTM)
-$1.0B
Gross Margin
—
Operating Margin
-237.4%
Net Margin
-427.8%
ROE
-125.7%
ROIC
-8.3%
Debt / Equity
6.6
Net Cash
-$4.0B
Return 1Y
+173.5%
Company profile
Cipher Mining Inc. engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.
- CEO
- Tyler Page
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 10
- Headquarters
- New York
- Website
- ciphermining.com
Management & directors
- Page TylerChief Executive Officer
- Iwaschuk WilliamCo-President and CLO
- Kelly Patrick ArthurCo-President and COO
- Mumford Gregory J.D.Chief Financial Officer
- Farrell Edward JChief Financial Officer
Roles derived from SEC Form 4 filings.
Earnings
CIFR Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$34.8M↓ -28.8%
Diluted EPS-$0.28↑ +154.5%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | $3.0M | $126.8M | $151.3M | $223.9M |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$153,657.00 | -$72.2M | -$37.4M | -$20.1M | -$43.7M | -$421.6M |
| Net income | -$107,031.00 | -$72.2M | -$39.1M | -$25.8M | -$44.6M | -$822.2M |
| Diluted EPS | — | -$0.33 | -$0.16 | -$0.10 | -$0.14 | -$2.15 |
| Operating cash flow | — | -$31.7M | -$20.9M | -$94.2M | -$87.5M | -$207.9M |
| Free cash flow | — | -$36.8M | -$60.1M | -$114.7M | -$227.0M | -$695.9M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | -1232.2% | -15.9% | -28.9% | -188.2% |
| Net margin | — | — | -1285.9% | -20.3% | -29.5% | -367.2% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.8M | $24.1M | $42.2M | $49.0M | $43.6M | $71.7M | $59.7M | $34.8M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$16.2M | -$91.4M | $17.1M | -$38.1M | -$45.2M | -$37.6M | -$300.6M | -$114.6M |
| Net income | -$15.3M | -$86.8M | $17.5M | -$39.0M | -$45.8M | -$3.3M | -$734.2M | -$114.3M |
| Diluted EPS | -$0.05 | -$0.26 | $0.04 | -$0.11 | -$0.12 | -$0.01 | -$1.91 | -$0.28 |
| Operating cash flow | -$25.4M | -$6.5M | -$29.0M | -$47.2M | -$56.2M | -$50.1M | -$54.4M | $91.5M |
| Free cash flow | -$33.2M | -$83.2M | -$76.1M | -$146.9M | -$100.0M | -$256.2M | -$280.3M | -$462.5M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -43.9% | -379.2% | 40.5% | -77.8% | -103.9% | -52.5% | -503.4% | -328.9% |
| Net margin | -41.5% | -359.9% | 41.5% | -79.6% | -105.1% | -4.6% | -1229.6% | -328.1% |
Company news
Jul 20, 2026
Jul 17, 2026
Jul 16, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-09 | Page Tyler· Chief Executive Officer | Sale | 112,500 | $22.68 | $2.6M | filing |
| 2026-07-08 | Page Tyler· Chief Executive Officer | Sale | 112,500 | $21.19 | $2.4M | filing |
| 2026-06-30 | Page Tyler· Chief Executive Officer | Tax withholding | 130,053 | $24.50 | $3.2M | filing |
| 2026-06-30 | Page Tyler· Chief Executive Officer | Tax withholding | 57,802 | $24.50 | $1.4M | filing |
| 2026-06-30 | Page Tyler· Chief Executive Officer | Tax withholding | 53,748 | $24.50 | $1.3M | filing |
| 2026-06-30 | Iwaschuk William· Co-President and CLO | Tax withholding | 42,265 | $24.50 | $1.0M | filing |
| 2026-06-30 | Kelly Patrick Arthur· Co-President and COO | Tax withholding | 39,016 | $24.50 | $955,892.00 | filing |
| 2026-06-30 | Iwaschuk William· Co-President and CLO | Tax withholding | 18,784 | $24.50 | $460,208.00 | filing |
| 2026-06-30 | Kelly Patrick Arthur· Co-President and COO | Tax withholding | 17,341 | $24.50 | $424,854.50 | filing |
| 2026-06-30 | Iwaschuk William· Co-President and CLO | Tax withholding | 16,375 | $24.50 | $401,187.50 | filing |
| 2026-06-30 | Kelly Patrick Arthur· Co-President and COO | Tax withholding | 15,117 | $24.50 | $370,366.50 | filing |
| 2026-06-30 | Mumford Gregory J.D.· Chief Financial Officer | Tax withholding | 6,895 | $24.50 | $168,927.50 | filing |
| 2026-06-30 | Kelly Patrick Arthur· Co-President and COO | Option exercise | 76,427 | — | — | filing |
| 2026-06-30 | Mumford Gregory J.D.· Chief Financial Officer | Option exercise | 17,108 | — | — | filing |
| 2026-06-30 | Iwaschuk William· Co-President and CLO | Option exercise | 33,967 | — | — | filing |
| 2026-06-30 | Iwaschuk William· Co-President and CLO | Option exercise | 29,611 | — | — | filing |
| 2026-06-30 | Iwaschuk William· Co-President and CLO | Option exercise | 76,427 | — | — | filing |
| 2026-06-30 | Kelly Patrick Arthur· Co-President and COO | Option exercise | 33,967 | — | — | filing |
| 2026-06-30 | Kelly Patrick Arthur· Co-President and COO | Option exercise | 29,611 | — | — | filing |
| 2026-06-30 | Page Tyler· Chief Executive Officer | Option exercise | 113,225 | — | — | filing |
| 2026-06-30 | Page Tyler· Chief Executive Officer | Option exercise | 105,285 | — | — | filing |
| 2026-06-30 | Page Tyler· Chief Executive Officer | Option exercise | 254,756 | — | — | filing |
| 2026-06-22 | Page Tyler· Chief Executive Officer | Tax withholding | 724,520 | $28.14 | $20.4M | filing |
| 2026-06-22 | Page Tyler· Chief Executive Officer | Option exercise | 1,419,236 | — | — | filing |
| 2026-06-18 | GROSSMAN CARY M | Sale | 15,000 | $29.43 | $441,450.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.