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Net Income at other companies

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-$427.63M-596%
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Equinix, Inc.EQIX
$415M+21.0%
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Applied DigitalAPLD
-$70.56M-98.4%
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Digital RealtyDLR
$98.65M-48.0%
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Iris EnergyIREN
-$247.83M-1,435%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
-$219.85M-64.2%

Other financials

Income statement

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Revenue$34.8M-28.8%
Gross profit$17.1M-49.7%
Operating income-$114.6M-201%
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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Market cap$11.94B+527%
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

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

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?
Cipher Digital, Inc. (CIFR) reported net income of -$114.32M in Q1 2026.
How has Cipher Digital, Inc. 's net income changed year-over-year?
Cipher Digital, Inc. 's net income decreased by 193.3% year-over-year, from -$38.98M to -$114.32M.
What is the long-term trend for Cipher Digital, Inc. 's net income?
Over 2 years (2021 to 2025), Cipher Digital, Inc. 's net income has grown at a 230.6% compound annual growth rate (CAGR), from -$75.24M to -$822.24M.
What does net income mean?
The final profit or loss remaining after all expenses and costs have been subtracted from total revenue.
How do you interpret net income?
Higher net income indicates strong operational efficiency and profitability, whereas a net loss signals that expenses are exceeding revenue generation.
How does net income compare across companies?
Standardized across all public companies as the primary measure of bottom-line profitability.