YOLFTbeta
Cipher Mining Inc

Cipher Mining Inc

CIFR · NASDAQ · Technology / Information Technology Services

6.86USD-0.29 (-4.06%)

Price History

Full chart

Market Stats

Previous Close7.15
Open7.06
Day Range6.33 – 7.10
52-Week Range5.07 – 30.14
Volume39.49M
Market Cap2.99B
P/E (TTM)0.00
Forward P/E32.47
EPS-2.77
Dividend Yield0.00%
Beta3.54
50-Day Avg13.44
200-Day Avg17.52

About

Cipher Digital Inc., together with its subsidiaries, develops and operates industrial-scale data centers for bitcoin mining and high-performance compute (HPC) hosting in the United States. It develops HPC data center facilities across various sites for hyperscaler tenants; operates power at one bitcoin mining data center; and maintains a pipeline across various sites. The company was formerly known as Cipher Mining Inc. and change its name to Cipher Digital Inc. in February 2026. The company was founded in 2021 and is headquartered in New York, New York.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Rodney Tyler Page
  • Employees66
  • Headquarters1 Vanderbilt Avenue, New York, NY, United States, 10017, USA
  • Websitehttps://www.cipherdigital.com

Leadership

  • Mr. Rodney Tyler PageCEO & Director · b. 1976
  • Mr. Patrick Arthur KellyCo-President & COO · b. 1980
  • Mr. William IwaschukCo-President, Chief Legal Officer & Corporate Secretary · b. 1976
  • Mr. Gregory Mumford C.F.A.Chief Financial Officer · b. 1993
  • Mr. John FranceskiChief Accounting Officer
  • Mr. Bryan KellerChief Technology Officer
  • Ms. Olivia StennettChief Administrative Officer
  • Ms. Courtney KnightHead of Investor Relations
  • Daniel ChoDirector of Corporate Development & Strategy
  • Mr. Samy BiyadiHead of Origination & Leasing

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue--3.04M126.84M151.27M223.94M
Growth (%)---+4076.56%+19.26%+48.04%
Cost of Revenue-4.87K748.00K50.31M123.16M160.34M
Gross Profit--4.87K2.29M76.53M28.11M63.60M
Gross Margin--75.37%60.34%18.58%28.40%
Operating Expense-72.15M39.71M96.65M71.81M401.00M
Operating Income-153.66K-72.15M-37.42M-20.11M-43.70M-337.40M
Operating Margin---1232.17%-15.86%-28.89%-150.67%
EBITDA1.11M-72.15M-31.93M39.70M61.09M-588.38M
EBITDA Margin---1051.23%31.30%40.38%-262.74%
Net Income1.11M-72.15M-39.05M-25.78M-44.63M-822.24M
Net Income Margin---1285.91%-20.32%-29.51%-367.17%
Interest Expense026.91K137.00K2.00M1.71M36.56M
Interest Expense % of Total Revenue--4.51%1.58%1.13%16.33%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets173.09K354.17M418.46M566.14M855.45M4.29B
Total Liabilities176.57K636.05K75.57M74.80M173.49M3.46B
Total Equity-3.48K353.53M342.89M491.34M681.95M805.53M
Cash1.28M209.84M11.93M86.11M5.58M628.26M
Total Debt--20.66M21.98M56.39M2.77B
Net Debt-1.28M-209.84M8.73M-64.13M50.80M2.14B

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-321.64K-31.67M-20.91M-94.24M-87.51M-207.94M
Investing Cash Flow-170.00M-120.14M-173.91M52.76M-192.13M-336.61M
Financing Cash Flow171.60M361.65M-3.09M115.66M213.51M3.19B
Capital Expenditure130.87M119.97M227.92M55.02M139.50M487.92M
Free Cash Flow-321.64K-151.63M-248.83M-149.26M-227.01M-695.86M
Dividends Paid---3.40M--
FCF to OCF100.00%478.85%1189.73%158.38%259.40%334.65%
Dividend Paid to FCF----2.28%--

Earnings

Report DateDec 3, 2020Feb 17, 2021May 7, 2021Aug 10, 2021Nov 12, 2021Mar 4, 2022May 10, 2022Aug 9, 2022Nov 14, 2022Mar 14, 2023May 9, 2023Aug 8, 2023Nov 8, 2023Mar 5, 2024May 7, 2024Aug 13, 2024Oct 31, 2024Mar 3, 2025May 6, 2025Aug 7, 2025Nov 3, 2025Feb 24, 2026May 5, 2026Aug 4, 2026Nov 2, 2026
EPS Estimate0.00-------0.12-0.07-0.060.020.060.01-0.040.010.060.030.050.04-0.120.060.07-0.04-0.21-0.31
EPS Actual0.00-0.01-0.39-0.05-0.01-0.27-0.07-0.12-0.06-0.210.030.040.020.050.21-0.01-0.010.140.02-0.120.10-0.14-0.19-0.65-0.22
Surprise-------0.00%14.29%-250.00%50.00%-33.33%100.00%225.00%2000.00%-116.67%-133.33%199.79%-50.00%0.00%66.67%-300.00%-375.00%-209.52%29.03%
Timing-----After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.99B
Enterprise Value7.49B
Trailing P/E0.00
Forward P/E32.47
Price / Sales20.45
Price / Book4.21
EPS-2.77
Book Value1.45
Revenue (TTM)146.09M
Gross Profit (TTM)-76.93M
EBITDA22.54M
Profit Margin0.00%
Operating Margin-233.16%
Return on Equity-153.92%
Return on Assets-1.04%
Shares Outstanding456.37M
Shares Float368.39M
Beta3.54
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 22 analystsTarget 26.09
  • Strong Buy
    15
  • Buy
    4
  • Hold
    3

Ownership Breakdown

Institutions
91.43%
Insiders
3.31%
Retail / Other
5.26%

Top Institutional Holders

  • V3 Holding Ltd.
    58.32M14.05%
  • BlackRock Inc
    30.41M7.33%
  • Vanguard Portfolio Management, LLC
    24.12M5.81%
  • Vanguard Capital Management, LLC
    16.49M3.97%
  • Jane Street Group LLC
    15.43M3.72%
  • D. E. Shaw & Co LP
    14.51M3.50%
  • Morgan Stanley - Brokerage Accounts
    11.93M2.87%
  • Value Aligned Research Advisors LLC
    11.13M2.68%
  • Geode Capital Management, LLC
    8.82M2.13%
  • State Street Corp
    8.57M2.06%
  • UBS Group AG
    7.06M1.70%
  • T. Rowe Price Associates, Inc.
    6.28M1.51%
  • Capital Research & Mgmt Co - Division 3
    5.93M1.43%
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
    5.53M1.33%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    12.41M2.99%
  • Vanguard Small Cap Index
    8.87M2.14%
  • iShares Russell 2000 ETF
    8.63M2.08%
  • American Funds SMALLCAP World A
    7.57M1.82%
  • Vanguard Information Technology ETF
    5.46M1.32%
  • Vanguard MStar Small Cap Growth Indx Inv
    4.94M1.19%