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Cipher Digital, Inc. CIFR Business Segments — Cost of Revenue
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Where this comes from
Reported directly by Cipher Digital, Inc. in its filing.
Tagged under the XBRL concept us-gaap:CostOfRevenue.
The source filing: Cipher Digital, Inc.’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 9:07 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001819989-26-000028
| Line item | Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Revenue - bitcoin mining | $34,838 | $48,959 |
| Costs and operating (expenses) income | ||
| Cost of revenue | (17,705) | (14,894) |
| Compensation and benefits | (35,003) | (14,303) |
| General and administrative | (11,741) | (8,951) |
| Depreciation and amortization | (19,014) | (43,467) |
| Change in fair value of power purchase agreement | (28,230) | 7,330 |
| Power sales | 2,138 | 991 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Cipher Digital, Inc.'s business segments — cost of revenue?
- Cipher Digital, Inc. (CIFR) reported business segments — cost of revenue of $17.71M in Q1 2026.
- How has Cipher Digital, Inc.'s business segments — cost of revenue changed year-over-year?
- Cipher Digital, Inc.'s business segments — cost of revenue increased by 18.9% year-over-year, from $14.89M to $17.71M.
- What is the long-term trend for Cipher Digital, Inc.'s business segments — cost of revenue?
- Over 2 years (2023 to 2025), Cipher Digital, Inc.'s business segments — cost of revenue has grown at a 27.1% compound annual growth rate (CAGR), from $50.31M to $81.22M.
- What does business segments — cost of revenue mean?
- This metric captures the direct costs associated with generating mining revenue, primarily consisting of electricity expenses and site operational costs. It excludes non-cash items like depreciation to focus on the variable costs of running mining infrastructure.
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