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Cipher Digital, Inc. CIFR Impairment Charges

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Other financials

Income statement

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Revenue$24.8M-43.0%
Gross profit$39.9M+41.3%
Operating income-$78.5M-73.6%
Net income-$267.5M-484%
EPS (diluted)-$0.65-442%

Balance sheet

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Cash & equivalents$831.8M+979%
Total debt$5.6B+2,858%
Total equity$562.1M-24.9%
Total assets$7.5B+636%

Cash flow

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Operating cash flow$91.5M+294%
CapEx$554.0M+456%
Free cash flow-$462.5M-215%

Valuation

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Market cap$7.56B+291%
Enterprise value$12.31B+502%
P/S39.6×+27.4×

Profitability

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Gross margin71.9%+11.9pp
Operating margin-278.1%
Net margin-585.8%
FCF margin-482%-3,491pp

Returns & leverage

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

Where this comes from

Reported directly by Cipher Digital, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Amortization of operating right-of-use asset592369
Share-based compensation27,0489,132
Equity in losses of equity investees1,6015,292
Write-down of assets held for sale7,437-
Loss on disposal of assets10,434633
Amortization of debt discount and issuance costs59,158-
Income taxes407144
Non-cash consideration received for services(34,838)(48,797)

Item 1. Financial Statements (Unaudited)

FAQ

What is Cipher Digital, Inc.'s impairment charges?
Cipher Digital, Inc. (CIFR) reported impairment charges of $7.44M in Q1 2026.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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