# Cipher Digital Inc.: financial statements, quarterly

CIFR · Nasdaq · CIK 1819989 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cifr.md) · [Financials](/companies/cifr/financials.md) · [Filings](/companies/cifr/filings.md) · [Insiders](/companies/cifr/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/cifr/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [30.3](/filings/0001819989-24-000028.md) | [43.4 d](/filings/0001819989-26-000009.md) | [48.1](/filings/0001819989-25-000037.md) | [36.8](/filings/0001819989-25-000081.md) | [24.1](/filings/0001819989-25-000112.md) | [42.2 d](/filings/0001819989-26-000009.md) | [49.0](/filings/0001819989-26-000028.md) | [43.6](/filings/0001819989-26-000041.md) | [71.7](/filings/0001819989-25-000112.md) | [59.7 d](/filings/0001819989-26-000009.md) | [34.8](/filings/0001819989-26-000028.md) | [24.8](/filings/0001819989-26-000041.md) |
| Cost of revenue | $m | [13.0](/filings/0001819989-24-000028.md) | [13.3 d](/filings/0001819989-26-000009.md) | [14.8](/filings/0001819989-25-000037.md) | [14.3](/filings/0001819989-25-000081.md) | [15.1](/filings/0001819989-25-000112.md) | [18.2 d](/filings/0001819989-26-000009.md) | [14.9](/filings/0001819989-26-000028.md) | [15.3](/filings/0001819989-26-000041.md) | [26.7](/filings/0001819989-25-000112.md) | [24.3 d](/filings/0001819989-26-000009.md) | [17.7](/filings/0001819989-26-000028.md) | [15.0](/filings/0001819989-26-000041.md) |
| Operating income | $m | [(19.1)](/filings/0001819989-24-000028.md) | [15.2 d](/filings/0001819989-26-000009.md) | [46.8](/filings/0001819989-25-000037.md) | [(16.2)](/filings/0001819989-25-000081.md) | [(91.4)](/filings/0001819989-25-000112.md) | [17.1 d](/filings/0001819989-26-000009.md) | [(38.1)](/filings/0001819989-26-000028.md) | [(45.2)](/filings/0001819989-26-000041.md) | [(37.6)](/filings/0001819989-25-000112.md) | [(301) d](/filings/0001819989-26-000009.md) | [(115)](/filings/0001819989-26-000028.md) | [(78.5)](/filings/0001819989-26-000041.md) |
| Interest expense | $m | [0.6](/filings/0000950170-23-060724.md) | [0.5 d](/filings/0000950170-24-025442.md) | [0.4](/filings/0000950170-24-054002.md) | [0.4](/filings/0000950170-24-095795.md) | [0.3](/filings/0001819989-25-000112.md) | [0.6 d](/filings/0001819989-26-000009.md) | [0.8](/filings/0001819989-26-000028.md) | [1.1](/filings/0001819989-26-000041.md) | [1.3](/filings/0001819989-25-000112.md) | [33.4 d](/filings/0001819989-26-000009.md) | [59.2](/filings/0001819989-26-000028.md) | [66.7](/filings/0001819989-26-000041.md) |
| Income tax | $m | [(1.1)](/filings/0001819989-24-000028.md) | [4.0 d](/filings/0001819989-26-000009.md) | [5.6](/filings/0001819989-25-000037.md) | [0.5](/filings/0001819989-25-000081.md) | [(3.8)](/filings/0001819989-25-000112.md) | [(2.0) d](/filings/0001819989-26-000009.md) | [0.1](/filings/0001819989-26-000028.md) | [0.9](/filings/0001819989-26-000041.md) | [(0.3)](/filings/0001819989-25-000112.md) | [(4.1) d](/filings/0001819989-26-000009.md) | [0.4](/filings/0001819989-26-000028.md) | [0.4](/filings/0001819989-26-000041.md) |
| Net income | $m | [(18.6)](/filings/0001819989-24-000028.md) | [10.6 d](/filings/0001819989-26-000009.md) | [39.9](/filings/0001819989-25-000037.md) | [(15.3)](/filings/0001819989-25-000081.md) | [(86.8)](/filings/0001819989-25-000112.md) | [17.5 d](/filings/0001819989-26-000009.md) | [(39.0)](/filings/0001819989-26-000028.md) | [(45.8)](/filings/0001819989-26-000041.md) | [(3.3)](/filings/0001819989-25-000112.md) | [(734) d](/filings/0001819989-26-000009.md) | [(114)](/filings/0001819989-26-000028.md) | [(268)](/filings/0001819989-26-000041.md) |
| Diluted EPS | $ per share | [(0.07)](/filings/0001819989-24-000028.md) | not reported | [0.13](/filings/0001819989-25-000037.md) | [(0.05)](/filings/0001819989-25-000081.md) | [(0.26)](/filings/0001819989-25-000112.md) | not reported | [(0.11)](/filings/0001819989-26-000028.md) | [(0.12)](/filings/0001819989-26-000041.md) | [(0.01)](/filings/0001819989-25-000112.md) | not reported | [(0.28)](/filings/0001819989-26-000028.md) | [(0.65)](/filings/0001819989-26-000041.md) |
| Basic EPS | $ per share | [(0.07)](/filings/0001819989-24-000028.md) | not reported | [0.13](/filings/0001819989-25-000037.md) | [(0.05)](/filings/0001819989-25-000081.md) | [(0.26)](/filings/0001819989-25-000112.md) | not reported | [(0.11)](/filings/0001819989-26-000028.md) | [(0.12)](/filings/0001819989-26-000041.md) | [(0.01)](/filings/0001819989-25-000112.md) | not reported | [(0.28)](/filings/0001819989-26-000028.md) | [(0.65)](/filings/0001819989-26-000041.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfRevenue
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [3.3](/filings/0001819989-24-000028.md) | [74.2](/filings/0001819989-26-000009.md) | [88.7](/filings/0001819989-25-000037.md) | [123](/filings/0001819989-25-000081.md) | [25.3](/filings/0001819989-25-000112.md) | [5.6](/filings/0001819989-26-000009.md) | [23.2](/filings/0001819989-26-000028.md) | [62.7](/filings/0001819989-26-000041.md) | [1,207](/filings/0001819989-25-000112.md) | [628](/filings/0001819989-26-000041.md) | [715](/filings/0001819989-26-000028.md) | [832](/filings/0001819989-26-000041.md) |
| Current assets | $m | [54.4](/filings/0000950170-23-060724.md) | [155](/filings/0001819989-25-000005.md) | [250](/filings/0000950170-24-054002.md) | [309](/filings/0000950170-24-095795.md) | [152](/filings/0001819989-24-000028.md) | [168](/filings/0001819989-26-000009.md) | [155](/filings/0001819989-25-000037.md) | [220](/filings/0001819989-25-000081.md) | [1,419](/filings/0001819989-25-000112.md) | [2,653](/filings/0001819989-26-000041.md) | [3,894](/filings/0001819989-26-000028.md) | [4,132](/filings/0001819989-26-000041.md) |
| Total assets | $m | [416](/filings/0000950170-23-060724.md) | [566](/filings/0001819989-25-000005.md) | [677](/filings/0000950170-24-054002.md) | [776](/filings/0000950170-24-095795.md) | [775](/filings/0001819989-24-000028.md) | [855](/filings/0001819989-26-000009.md) | [914](/filings/0001819989-25-000037.md) | [1,019](/filings/0001819989-25-000081.md) | [2,841](/filings/0001819989-25-000112.md) | [4,292](/filings/0001819989-26-000041.md) | [6,394](/filings/0001819989-26-000028.md) | [7,501](/filings/0001819989-26-000041.md) |
| Current liabilities | $m | [38.9](/filings/0000950170-23-060724.md) | [33.8](/filings/0001819989-25-000005.md) | [31.0](/filings/0000950170-24-054002.md) | [36.4](/filings/0000950170-24-095795.md) | [59.1](/filings/0001819989-24-000028.md) | [132](/filings/0001819989-26-000009.md) | [139](/filings/0001819989-25-000037.md) | [52.5](/filings/0001819989-25-000081.md) | [570](/filings/0001819989-25-000112.md) | [699](/filings/0001819989-26-000041.md) | [1,246](/filings/0001819989-26-000028.md) | [1,379](/filings/0001819989-26-000041.md) |
| Total liabilities | $m | [73.8](/filings/0000950170-23-060724.md) | [74.8](/filings/0001819989-25-000005.md) | [76.2](/filings/0000950170-24-054002.md) | [84.8](/filings/0000950170-24-095795.md) | [103](/filings/0001819989-24-000028.md) | [173](/filings/0001819989-26-000009.md) | [179](/filings/0001819989-25-000037.md) | [270](/filings/0001819989-25-000081.md) | [2,058](/filings/0001819989-25-000112.md) | [3,456](/filings/0001819989-26-000041.md) | [5,654](/filings/0001819989-26-000028.md) | [6,914](/filings/0001819989-26-000041.md) |
| Long-term debt | $m | not reported | not reported | not reported | not reported | not reported | [0.0](/filings/0001819989-26-000009.md) | not reported | [167](/filings/0001819989-25-000081.md) | [1,023](/filings/0001819989-25-000112.md) | [2,712](/filings/0001819989-26-000041.md) | [4,377](/filings/0001819989-26-000028.md) | [5,447](/filings/0001819989-26-000041.md) |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | [37.8](/filings/0001819989-26-000041.md) | [355](/filings/0001819989-26-000028.md) | [94.5](/filings/0001819989-26-000041.md) |
| Short-term borrowings | $m | not reported | [0.0](/filings/0001819989-25-000005.md) | not reported | not reported | not reported | [32.3](/filings/0001819989-26-000009.md) | [35.5](/filings/0001819989-25-000037.md) | [0.0](/filings/0001819989-25-000081.md) | [0.0](/filings/0001819989-25-000112.md) | [37.8](/filings/0001819989-26-000041.md) | [355](/filings/0001819989-26-000028.md) | [94.5](/filings/0001819989-26-000041.md) |
| Shareholders' equity | $m | [344](/filings/0001819989-24-000028.md) | [491](/filings/0001819989-26-000009.md) | [601](/filings/0001819989-25-000081.md) | [691](/filings/0001819989-25-000112.md) | [672](/filings/0001819989-25-000112.md) | [682](/filings/0001819989-26-000041.md) | [735](/filings/0001819989-26-000041.md) | [749](/filings/0001819989-26-000041.md) | [783](/filings/0001819989-25-000112.md) | [806](/filings/0001819989-26-000041.md) | [714](/filings/0001819989-26-000041.md) | [562](/filings/0001819989-26-000041.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [(18.5) d](/filings/0001819989-24-000028.md) | [(47.9) d](/filings/0001819989-26-000009.md) | [(26.6)](/filings/0001819989-25-000037.md) | [(25.4) d](/filings/0001819989-25-000081.md) | [(6.5) d](/filings/0001819989-25-000112.md) | [(29.0) d](/filings/0001819989-26-000009.md) | [(47.2)](/filings/0001819989-26-000028.md) | [(56.2) d](/filings/0001819989-26-000041.md) | [(50.1) d](/filings/0001819989-25-000112.md) | [(54.4) d](/filings/0001819989-26-000009.md) | [91.5](/filings/0001819989-26-000028.md) | [(244) d](/filings/0001819989-26-000041.md) |
| Capital expenditure | $m | [4.4 d](/filings/0001819989-24-000028.md) | [(12.5) d](/filings/0001819989-26-000009.md) | [7.9](/filings/0001819989-25-000037.md) | [7.9 d](/filings/0001819989-25-000081.md) | [76.6 d](/filings/0001819989-25-000112.md) | [47.1 d](/filings/0001819989-26-000009.md) | [99.7](/filings/0001819989-26-000028.md) | [119 d](/filings/0001819989-26-000041.md) | [43.8 d](/filings/0001819989-25-000112.md) | [226 d](/filings/0001819989-26-000009.md) | [554](/filings/0001819989-26-000028.md) | [410 d](/filings/0001819989-26-000041.md) |
| Share repurchases | $m | [2.1 d](/filings/0001819989-24-000028.md) | [0.7 d](/filings/0001819989-26-000009.md) | [3.2](/filings/0001819989-25-000037.md) | [4.1 d](/filings/0001819989-25-000081.md) | [3.5 d](/filings/0001819989-25-000112.md) | [16.9 d](/filings/0001819989-26-000009.md) | [1.1](/filings/0001819989-26-000028.md) | [3.2 d](/filings/0001819989-26-000041.md) | [3.0 d](/filings/0001819989-25-000112.md) | [82.3 d](/filings/0001819989-26-000009.md) | [3.8](/filings/0001819989-26-000028.md) | [45.2 d](/filings/0001819989-26-000041.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [248](/filings/0000950170-23-060724.md) | [249](/filings/0000950170-24-054002.md) | [249](/filings/0000950170-24-095795.md) | [252](/filings/0001819989-24-000028.md) | [304](/filings/0001819989-25-000037.md) | [314](/filings/0001819989-25-000081.md) | [333](/filings/0001819989-25-000112.md) | [361](/filings/0001819989-26-000028.md) | [375](/filings/0001819989-26-000041.md) | [393](/filings/0001819989-25-000112.md) | [405](/filings/0001819989-26-000028.md) | [409](/filings/0001819989-26-000041.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 415,030,722 at 2026-08-03, from the cover of the [10-Q filed 2026-08-04](/filings/0001819989-26-000041.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.