Skip to content
OpenCapital
Get started

Cipher Digital, Inc. CIFR Q4 2025 Annual earnings

Reported February 24, 2026 · Before market open

Revenue$60.0MMiss by $26.0M
EPS-$1.92Miss by $1.80
Revenue estimate$86.0M
EPS estimate-$0.12

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$32.1M
EPS estimate-$0.24

Financials

Q4 2025

Income statement

See full
Revenue$59.7M+41.4%
Gross profit$35.5M+47.6%
Operating income-$300.6M—
Net income-$734.2M—
EPS (diluted)-$1.92—

Balance sheet

See full
Cash & equivalents$535.1M+2,579%
Total debt$2.8B+4,804%
Total equity$805.5M+18.1%
Total assets$4.3B+402%

Cash flow

See full
Operating cash flow-$54.4M-87.8%
CapEx$225.9M+379%
Free cash flow-$280.3M-268%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$5.83B+261%
Enterprise value$8.06B+389%
P/S26×+15.4×

Profitability

See full
Gross margin63.7%+5.0pp
Operating margin-188.2%—
Net margin-367.2%—
FCF margin-310.7%-4,711pp

Returns & leverage

See full
Return on equity-110.6%—
Debt / equity3.4×+3.4×
Current ratio3.8×+2.5×

Segments

By segment

See full
Bitcoin Mining$59.7M+41.4%

Versus estimates

Revenue

Q1 2026$34.8MMiss by $1.3M
Q4 2025$60.0MMiss by $26.0M
Q3 2025$71.7MMiss by $15.5MQ2 2025$43.6MMiss by $35.3MQ1 2025$49.0MMiss by $3.6MQ4 2024$42.2MMiss by $16.6M

Diluted EPS

Q1 2026-$0.28Miss by $0.01
Q4 2025-$1.92Miss by $1.80
Q3 2025-$0.01Beat by $0.07Q2 2025-$0.12In lineQ1 2025-$0.11In lineQ4 2024$0.06Beat by $0.16

Ask the moment Cipher Digital, Inc. reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Cipher Digital, Inc. report Q4 2025 earnings?
Cipher Digital, Inc. (CIFR) reported Q4 2025 earnings on February 24, 2026 before market open.
What were Cipher Digital, Inc. 's Q4 2025 revenue and EPS?
Cipher Digital, Inc. reported revenue of $60.0M and eps of $-1.92 for Q4 2025.
Did Cipher Digital, Inc. beat estimates in Q4 2025?
Revenue missed the consensus estimate of $86.0M by $26.0M. EPS missed the consensus estimate of $-0.12 by $1.80.
How did Cipher Digital, Inc. 's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 42.1% from $42.2M a year earlier.
Where can I find Cipher Digital, Inc. 's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001819989-26-000007) and the 10-K periodic report (0001819989-26-000009) directly on SEC EDGAR. The filing index links above go to sec.gov.