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Cipher Digital, Inc. CIFR Sales tax accrual on machines placed in service

Sales tax accrual on machines placed in service at other companies

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CF IndustriesCF
$18M
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$114.03M+3.4%
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$82M-90.3%
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$134.61M
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Circle Internet Group, Inc.CRCL
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$470M+323%

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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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 cifr:SalesTaxAccrualOnMachinesPlacedInService.

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 sales tax accrual on machines placed in service?
Cipher Digital, Inc. (CIFR) reported sales tax accrual on machines placed in service of $2.22M in Q1 2026.
What does sales tax accrual on machines placed in service mean?
Sales tax liabilities recorded when new machinery is put into operation.
How do you interpret sales tax accrual on machines placed in service?
An increase indicates high levels of recent equipment deployment and associated tax obligations.
How does sales tax accrual on machines placed in service compare across companies?
Standard for capital-intensive businesses subject to sales tax on equipment purchases.