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Cipher Digital Inc. CIFR R2KR3KAITECH

Technology · Information Technology Services · United States
https://www.cipherdigital.com
Company Profile ↓
$17.74
+262.04% 1Y
Mkt Cap$7.36B
P/E-6.20
P/B12.66
52W High$29.18
52W Low$4.90
Book Value$1.36
EPS (TTM)$-2.86

Company Overview

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.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 319.3% CAGR over the past five years.

Recent Developments

  • Dec 2025 Revenue of $223.94M (+48.0% YoY); net profit $-822.24M.
  • Trailing 12 Months Year-on-year growth — revenue -43.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR 319.3%.

Growth & Price Performance

Compounded Sales Growth

5 Years:319.34%
1 Year:-43.00%

Stock Price Performance

1 Year:+262.04%
6 Months:+30.25%
3 Months:-20.98%
1 Month:-2.58%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Digital Infrastructure / AI HPC & Mining

Cipher Digital builds and operates industrial-scale data centres for high-performance compute (HPC/AI) hosting and bitcoin mining.

Core Focus

HPC data-centre development for hyperscaler/AI tenants alongside bitcoin-mining operations.

Key Initiatives
  • HPC/AI data centres Cipher develops HPC data-centre facilities targeting hyperscaler and AI tenants.
  • Power pipeline A pipeline of powered sites supports the pivot toward AI-compute hosting.
  • Mining-to-AI transition It is repurposing energy/data-centre assets toward AI workloads.
Why Investors Should Care
  • Bitcoin miner pivoting toward AI/HPC data-centre hosting.
  • Large powered-site pipeline is valuable for AI-compute demand.
  • Loss-making, capital-intensive and crypto-exposed — speculative.
  • Execution on AI tenancy and financing are key risks.
AI InvestmentInvestment funds HPC data-centre build-out and powered-site development.
AI RevenueAI/HPC hosting is an emerging revenue stream alongside mining; it is early-stage.
ROI (Now)Early — revenue is still mining-led as AI hosting ramps.
ROI (Expected)Securing hyperscaler/AI tenants for its powered sites is the upside driver.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 319.3% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading 39.2% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-6.20
Industry PE
32.42
Forward P/E
64.51
PEG Ratio
-
Book Value
$1.36
Price to Book
12.66
P/S
37.31
EV/EBITDA
123.96
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
319.34%
Profit 5Y
-
Revenue (YoY)
-43.00%
Earnings (YoY)
-

Profitability & Returns

ROCE
-11.73%
ROE
-
ROA
-0.80%
Profit Margin
0.00%
Op Margin
-
Gross Margin
-10.04%
EPS (Latest Qtr)
$-0.65
EPS (TTM)
$-2.86

Balance Sheet & Liquidity

Debt/Equity
9.51
Quick Ratio
0.62
Current Ratio
3.00
Debt
$5.59B
Total Assets
$7.50B
Current Assets
$3.89B
Working Capital
$2.65B

Ownership

Promoter Holding
3.54%
Chg in Prom Hold
-0.01%
FII / Inst Holding
94.74%
Chg in FII Hold
-0.13%

Financial Snapshot

Enterprise Value
$7.36B
Total Revenue (TTM)
$191.09M
EBITDA
$96.08M
Free Cash Flow
$-2.90B
Operating Cash Flow
$-256.49M
Shares Outstanding
415.03M
Gross Margin
-10.04%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CIFR Cipher Digital Inc. R2KR3KAITECH 17.74 -6.20 $7.36B 0.00% -11.73% - 319.34% -
2 NVDA NVIDIA Corporation NDXSPXR3KAITECH 230.36 35.28 $5.58T 0.46% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPXR3KTECH 319.97 36.69 $4.67T 0.35% 68.72% 148.75% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXR3KAITECH 499.70 27.85 $3.71T 0.73% 26.33% 34.04% 9.93% 11.90%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AITECH 426.34 37.46 $2.21T 0.91% 30.20% 39.97% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXR3KAITECH 357.90 59.55 $1.70T 0.62% 16.70% 37.28% 17.04% 54.08%
7 MU Micron Technology, Inc. NDXSPXR3KAITECH 1,016.59 22.97 $1.15T 0.06% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH 477.57 122.14 $779.62B 0.00% 5.47% 10.20% 11.81% 66.28%
9 ASML ASML Holding N.V. NDXAITECH 1,714.88 58.49 $658.69B 0.53% 42.97% 53.94% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026Jun 2026
Revenue --------21.89M31.22M30.30M48.14M36.81M24.10M48.96M43.56M71.71M34.84M24.84M
Operating Income -2.00K--942.29K-547.00K-2.28M-17.55M-29.33M59.23M-4.12M-12.09M-19.11M46.79M-16.17M-91.39M-38.09M-45.24M-37.62M-114.57M-78.54M
Net Income --3.58K-1.02M-548.00K-2.42M-17.50M-29.22M59.29M-4.55M-13.20M-18.62M39.90M-15.29M-86.75M-38.98M-45.78M-3.28M-114.32M-267.53M
Diluted EPS ---0.00-0.01-0.07-0.120.24-0.02-0.05-0.070.13-0.05-0.26-0.11-0.12-0.01-0.28-0.65

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -3.04M126.84M151.27M223.94M
Operating Income -72.15M-37.42M-20.11M-43.70M-421.56M
Net Income -72.15M-39.05M-25.78M-44.63M-822.24M
Diluted EPS -0.33-0.16-0.10-0.14-2.15

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2020Jan 2021Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets 171.60M173.09K354.17M418.46M566.14M855.45M4.29B
Total Equity 5.00M-3.00K353.53M342.89M491.34M681.95M805.53M
Cash & Equivalents 1.28M-209.84M11.93M74.18M5.58M628.26M
Long Term Debt -----02.71B
Total Liabilities -176.57K636.00K75.57M74.80M173.49M3.46B
Current Liabilities 166.47M176.57K499.00K40.33M33.79M131.78M699.07M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -31.67M-20.91M-94.24M-87.51M-207.94M
Investing Cash Flow -120.14M-173.91M52.76M-192.13M-336.61M
Financing Cash Flow 361.65M-3.09M115.66M213.51M3.19B
Capital Expenditure -5.11M-39.22M-20.48M-139.50M-487.92M
Free Cash Flow -36.78M-60.13M-114.72M-227.01M-695.86M
Share Buybacks 23.25M3.09M3.90M27.64M89.58M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -----
Operating Margin % --1,232.2%-15.9%-28.9%-188.2%
Net Margin % --1,285.9%-20.3%-29.5%-367.2%
ROE % -20.4%-11.4%-5.2%-6.5%-102.1%
ROCE % -20.4%-9.9%-3.8%-6.0%-11.7%

Shareholding Pattern

Insiders
3.54%
Institutions
94.74%
Public Float
98.22%

Top Institutional Holders

#Holder% HeldSharesValue
1 V3 Holding Ltd 14.05% 58.32M $884.66M
2 Blackrock Inc. 7.33% 30.41M $461.39M
3 Vanguard Portfolio Management LLC 5.81% 24.12M $365.96M
4 Vanguard Capital Management LLC 3.97% 16.49M $250.21M
5 Jane Street Group, LLC 3.72% 15.43M $234.14M
6 Shaw D.E. & Co., Inc. 3.50% 14.51M $220.08M
7 Morgan Stanley 2.87% 11.93M $180.97M
8 Value Aligned Research Advisors, LLC 2.68% 11.13M $168.77M
9 Geode Capital Management, LLC 2.13% 8.82M $133.86M
10 State Street Corporation 2.06% 8.57M $129.94M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for CIFR

Google News hu, 03 Sep 2026

Cipher (CIFR) Stock May Be Overvalued On Sales Growth Hopes - Yahoo Finance

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Google News Mon, 07 Sep 2026

Cipher Digital: The 2.5 GW Power Workaround Is Valuable, But The Stock Already Knows It - Seeking Alpha

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Google News Mon, 07 Sep 2026

CIFR, CLSK, MARA Stocks Jump After Hut 8, IREN Fuel Digital Infrastructure Rally - Stocktwits

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Google News Wed, 02 Sep 2026

Why Is CIFR Stock Falling Despite Wellington’s Stake Increase? - TradingView

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Google News hu, 03 Sep 2026

Cipher Mining (NASDAQ:CIFR) Stock Price Up 7.7% - Here's Why - marketbeat.com

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Google News hu, 03 Sep 2026

New natural gas pipelines could power Cipher Digital’s data center expansion - Stock Titan

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CIFR — Frequently Asked Questions

What is the current share price of Cipher Digital Inc. (CIFR)?

As of 2026-09-07 16:24 PDT, Cipher Digital Inc. (CIFR) trades at $17.74 on NasdaqGS. Its 52-week range is $4.90 to $29.18.

What is the market capitalisation of CIFR?

Cipher Digital Inc. (CIFR) has a market capitalisation of $7.36B on NasdaqGS.

What is the P/E ratio of CIFR?

CIFR trades at a trailing price-to-earnings (P/E) ratio of -6.20. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 12.66.

Is CIFR a good stock to buy?

This page provides a data-driven analysis of Cipher Digital Inc. (CIFR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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