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Cipher Digital, Inc. CIFR Total Cost of Revenue

Total Cost of Revenue at other companies

TeraWulf logo
TeraWulfWULF
$2.36M-90.4%
Equinix, Inc. logo
Equinix, Inc.EQIX
$1.19B+9.4%
Applied Digital logo
Applied DigitalAPLD
$72.83M+48.2%
Iris Energy logo
Iris EnergyIREN
$39.93M-4.8%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$25.55M+36.9%
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
$310.1M+22.0%

Segments

By segment

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Bitcoin Mining$17.71M+18.9%

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 us-gaap:CostOfRevenue.

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 total cost of revenue?
Cipher Digital, Inc. (CIFR) reported total cost of revenue of $17.71M in Q1 2026.
How has Cipher Digital, Inc. 's total cost of revenue changed year-over-year?
Cipher Digital, Inc. 's total 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 total cost of revenue?
Over 3 years (2022 to 2025), Cipher Digital, Inc. 's total cost of revenue has grown at a 377.1% compound annual growth rate (CAGR), from $748K to $81.22M.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services sold by the company.
How do you interpret total cost of revenue?
An increase relative to revenue suggests declining operational efficiency or rising energy costs, while a decrease indicates improved cost management.
How does total cost of revenue compare across companies?
Commonly referred to as Cost of Goods Sold (COGS); essential for calculating gross margin in mining operations.