Cipher Digital Quarterly Income Statement
NASDAQ: CIFRFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cipher Digital revenue and earnings
In the quarter ended Jun 30, 2026, Cipher Digital generated $24.8 million in revenue, down 43.0% from the same quarter a year earlier. Cipher Digital reported a net loss of $267.5 million, compared with a loss of $45.8 million a year earlier. Gross margin was 39.4% (down from 64.8%) and operating margin -316.2%.
Diluted earnings per share came in at -$0.65.
Summary generated from market data by MetaCap's automated system. Methodology
Cipher Digital income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.84M | 34.84M | 59.71M | 71.71M | 43.56M | 48.96M | 42.22M | 24.10M | 36.81M | 48.14M | 43.42M | 30.30M |
| Revenue growth (YoY) | -42.99% | -28.84% | +41.42% | +197.51% | +18.36% | +1.71% | -2.75% | -20.47% | +17.88% | +119.85% | — | — |
| Cost of Revenue | 15.05M | 17.70M | 24.26M | 26.73M | 15.33M | 14.89M | 18.20M | 15.06M | 14.28M | 14.82M | 13.29M | 13.01M |
| Gross Profit | 9.79M | 17.13M | 35.45M | 44.97M | 28.23M | 34.06M | 24.02M | 9.04M | 22.53M | 33.32M | 30.13M | 17.30M |
| Operating Expenses | 88.33M | 131.70M | 336.07M | 82.59M | 73.48M | 72.15M | 6.94M | 100.43M | 38.70M | -13.47M | 14.93M | 36.40M |
| Operating Income | -78.54M | -114.57M | -300.62M | -37.62M | -45.24M | -38.09M | 17.08M | -91.39M | -16.17M | 46.79M | 15.20M | -19.11M |
| Interest Expense | 66.74M | 59.16M | 33.36M | 1.29M | 1.14M | 777.00K | 590.00K | 346.00K | 372.00K | 400.00K | 486.00K | 627.00K |
| Other Income (Expense) | -188.63M | -15.38M | -410.27M | 3.00M | 379.00K | -156.00K | -1.31M | -4.00K | 727.00K | -1.96M | 1.00K | -6.00K |
| Pretax Income | -267.16M | -113.91M | -738.28M | -3.59M | -44.86M | -38.83M | 15.54M | -90.56M | -14.76M | 45.46M | 14.57M | -19.72M |
| Income Tax | 367.00K | 407.00K | -4.07M | -303.00K | 917.00K | 144.00K | -1.97M | -3.80M | 528.00K | 5.56M | 3.98M | -1.10M |
| Net Income | -267.53M | -114.32M | -734.21M | -3.28M | -45.78M | -38.98M | 17.51M | -86.75M | -15.29M | 39.90M | 10.60M | -18.62M |
| Net Income growth (YoY) | — | — | -4293.06% | — | — | -197.68% | +65.27% | — | — | — | — | -131.41% |
| EPS (Basic) | -0.65 | -0.28 | -1.91 | -0.01 | -0.12 | -0.11 | 0.04 | -0.26 | -0.05 | 0.13 | 0.04 | -0.07 |
| EPS (Diluted) | -0.65 | -0.28 | -1.91 | -0.01 | -0.12 | -0.11 | 0.04 | -0.26 | -0.05 | 0.13 | 0.04 | -0.07 |
| Shares Outstanding (Basic) | 409.38M | 405.11M | — | 393.19M | 375.05M | 360.51M | — | 332.68M | 314.35M | 296.64M | — | 251.79M |
| Shares Outstanding (Diluted) | 409.38M | 405.11M | — | 393.19M | 375.05M | 360.51M | — | 332.68M | 314.35M | 304.40M | — | 251.79M |
| EBITDA | -59.17M | -95.56M | -248.74M | 21.93M | -1.16M | 5.38M | 53.40M | -62.76M | 4.08M | 64.03M | 32.01M | -2.89M |
| Gross Margin | 39.42% | 49.18% | 59.37% | 62.72% | 64.81% | 69.58% | 56.90% | 37.50% | 61.20% | 69.21% | 69.39% | 57.07% |
| Operating Margin | -316.21% | -328.86% | -503.45% | -52.46% | -103.85% | -77.80% | 40.45% | -379.20% | -43.93% | 97.19% | 35.01% | -63.05% |
| Net Margin | -1077.14% | -328.14% | -1229.60% | -4.58% | -105.09% | -79.61% | 41.47% | -359.95% | -41.54% | 82.89% | 24.40% | -61.45% |
This table shows 12 quarterly periods of Cipher Digital's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CIFR's reporting calendar. What is a income statement?