MetaCap

Cipher Digital (CIFR) vs TeraWulf (WULF)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

TeraWulf (WULF) has outperformed Cipher Digital (CIFR) over the past year, gaining 11.0% versus a loss of 23.3%. Over five years, CIFR leads with a +93.1% price change compared with -54.6% for WULF. TeraWulf is the larger company by market cap ($6.81 billion vs $5.60 billion), about 1.2 times the size, while Cipher Digital is growing revenue faster (+48.0% vs +20.3%).

Cipher Digital converts more of its revenue into profit, with a net margin of -367.2% versus -392.6%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CIFR-23.30%WULF+10.98%
+144%+52%-40%
Oct 8, 20251 yearOct 8, 2026
CIFR+71.10%WULF-52.46%
+288%+86%-116%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CIFR versus WULF key metrics
MetricCIFRWULF
Share price$13.50$13.65
Market cap$5.60B$6.81B
1-day change-7.28%-5.21%
YTD return-8.54%+18.80%
1-year return-23.30%+10.98%
5-year return+93.13%-54.58%
Forward P/E102.42—
EPS (TTM)$-2.87$-4.43
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$223.94M$168.46M
Revenue growth (YoY)+48.04%+20.28%
Net income (latest FY)$-822.24M$-661.42M
Gross margin63.73%39.21%
Operating margin-188.25%-110.54%
Net margin-367.17%-392.64%
52-week high$30.14$29.84
52-week low$11.72$10.47
Distance from 52-week high-55.21%-54.26%
Analyst consensusstrong_buystrong_buy
Avg. price target upside+125.78%+145.27%
Average volume33.39M31.02M
Shares outstanding415.03M498.97M
Employees66141
SectorFinanceFinance
IndustryFinance: Consumer ServicesFinance: Consumer Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • WULF has outperformed CIFR by 34.3 percentage points over the past year.
  • Cipher Digital is more profitable, keeping -367.2 cents of every revenue dollar as net income versus -392.6 cents for TeraWulf.
  • Cipher Digital grew revenue faster in its latest fiscal year (+48.04% vs +20.28%).

About Cipher Digital

CIFR stock →

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.

Finance · Finance: Consumer Services · 66 employees

About TeraWulf

WULF stock →

TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy.

Finance · Finance: Consumer Services · 141 employees

CIFR vs WULF FAQ

Which is bigger, Cipher Digital or TeraWulf?

TeraWulf (WULF) is larger, with a market capitalization of $6.81B compared with $5.60B for Cipher Digital (CIFR).

Which stock has performed better over the past year, CIFR or WULF?

WULF returned +10.98% over the past 12 months, compared with -23.30% for CIFR (price return, excluding dividends). Past performance does not predict future results.

Are Cipher Digital and TeraWulf in the same industry?

Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.

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