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Cipher Digital, Inc. CIFR Q2 2026 earnings

Reported August 4, 2026 · Before market open

Revenue$24.8MMiss by $7.0M
EPS-$0.65Miss by $0.41
Revenue estimate$31.9M
EPS estimate-$0.24
“We are proud to have delivered our first HPC data center capacity ahead of schedule and announce that rent has commenced at the site. This accelerated delivery proves we can execute at scale, with speed, and without compromise in a challenging environment. As we continue to acquire new sites and sign new deals, our foundation of disciplined execution is what truly sets us apart.”
Tyler Page

Next report

Nov 2, 2026 (Tomorrow)
Revenue estimate$38.7M
EPS estimate-$0.25

Financials

Q2 2026

Income statement

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Revenue$24.8M-43.0%
Gross profit$9.8M-65.3%
Operating income-$78.5M-73.6%
Net income-$267.5M-484%
EPS (diluted)-$0.65-442%

Balance sheet

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Cash & equivalents$827.2M+973%
Total debt$5.6B+2,858%
Total equity$562.1M-24.9%
Total assets$7.5B+636%

Cash flow

See full
Operating cash flow-$243.5M-333%
CapEx$410.3M+246%
Free cash flow-$653.8M-274%

Valuation & ratios

Valuation

as of 10/30/26
See full
Market cap$3.36B-55.2%
Enterprise value$8.12B+10.9%
P/S17.6×-18.7×

Profitability

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Gross margin56.2%-3.9pp
Operating margin-278.1%—
Net margin-585.8%—
FCF margin-779.9%-2,134pp

Returns & leverage

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Return on equity-170.8%—
Debt / equity9.9×+9.7×
Current ratio3×-1.2×

Segments

By segment

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Bitcoin Mining$24.8M-43.0%

FAQ

When did Cipher Digital, Inc. report Q2 2026 earnings?
Cipher Digital, Inc. (CIFR) reported Q2 2026 earnings on August 4, 2026 before market open.
What were Cipher Digital, Inc.'s Q2 2026 revenue and EPS?
Cipher Digital, Inc. reported revenue of $24.8M and eps of $-0.65 for Q2 2026.
Did Cipher Digital, Inc. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $31.9M by $7.0M. EPS missed the consensus estimate of $-0.24 by $0.41.
How did Cipher Digital, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 43.0% from $43.6M a year earlier and eps declined 441.7% from $-0.12.
Where can I find Cipher Digital, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001819989-26-000038) and the 10-Q periodic report (0001819989-26-000041) directly on SEC EDGAR. The filing index links above go to sec.gov.