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Cipher Digital, Inc. CIFR Market capitalization

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Other financials

Income statement

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Revenue$34.8M-28.8%
Gross profit$17.1M-49.7%
Operating income-$114.6M-201%
Net income-$114.3M-193%
EPS (diluted)-$0.28-155%

Balance sheet

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Cash & equivalents$713.0M+1,798%
Total debt$4.7B+8,030%
Total equity$714.2M-2.8%
Total assets$6.4B+600%

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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Enterprise value$15.97B+985%
P/S56.9×+44.4×

Profitability

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Gross margin60%+1.0pp
Operating margin-237.4%
Net margin-427.8%
FCF margin-482%-3,491pp

Returns & leverage

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Return on equity-123.9%
Debt / equity6.6×+6.6×
Current ratio3.1×+2.0×

Where this comes from

Computed from the period-end share price: $5.21B.

The official record: Cipher Digital, Inc. ’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cipher Digital, Inc. 's market capitalization?
Cipher Digital, Inc. (CIFR) reported market capitalization of $5.21B in Q1 2026.
How has Cipher Digital, Inc. 's market capitalization changed year-over-year?
Cipher Digital, Inc. 's market capitalization increased by 527.0% year-over-year, from $831.52M to $5.21B.
What is the long-term trend for Cipher Digital, Inc. 's market capitalization?
Over 5 years (2020 to 2025), Cipher Digital, Inc. 's market capitalization has grown at a 24.0% compound annual growth rate (CAGR), from $1.99B to $5.83B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.