Cipher Mining Inc.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20
Total revenue	0.22	0.15	0.13	0.00
Cost of revenue	0.16	0.12	0.05	0.00	0.00
Gross profit	0.06	0.03	0.08	0.00	0.00
Total operating expenses +	0.40	0.07	0.10	0.04	0.07	0.00
Selling, general and administrative	0.04	0.03	0.09	0.07	0.07
Research and development
Other operating expenses	0.36	0.04	0.01	-0.03	0.00	0.00
Operating income	-0.34	-0.04	-0.02	-0.04	-0.07	0.00
Non-operating income (net)	-0.49	0.00	0.00	0.00	0.00	0.00
Income before tax	-0.83	-0.04	-0.02	-0.04	-0.07	0.00
Income tax expense	0.00	0.00	0.00	0.00	0.00	0.00
Net income	-0.82	-0.04	-0.03	-0.04	-0.07	0.00

Show Quarterly Income Statement

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20
Total revenue	0.03	0.03	0.07	0.04	0.05	0.04	0.02	0.04	0.05	0.04	0.03	0.03	0.02	0.00	-0.01	0.00	0.00		0.00	0.00
Cost of revenue	0.05	0.07	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.01	0.03	0.03	0.02	0.00	0.00	0.03	0.02	0.00		0.00	0.00		0.00
Gross profit	-0.02	-0.04	0.03	0.01	0.02	0.01	-0.01	0.01	0.02	0.03	0.00	0.00	0.00	0.00	0.00	-0.03	-0.02	0.00		0.00	0.00		0.00
Total operating expenses +	0.10	0.01	0.07	0.06	0.06	-0.01	0.09	0.02	-0.03	0.01	0.02	0.01	0.01	0.05	-0.06	0.03	0.02	0.07	0.00	0.00	0.00	0.00	0.00	0.00
Selling, general and administrative	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.02	0.02	0.02	0.02	0.07	0.00	0.00	0.00	0.00	0.00
Research and development
Other operating expenses	0.09	0.00	0.06	0.05	0.05	-0.02	0.08	0.01	-0.03	-0.01	0.01	0.01	0.00	0.03	-0.08	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating income	-0.06	-0.05	-0.04	-0.05	-0.04	0.02	-0.09	-0.02	0.05	0.02	-0.02	-0.01	0.00	-0.05	0.06	-0.03	-0.02	-0.07	0.00	0.00	0.00	0.00	0.00	0.00
Non-operating income (net)	-0.05	-0.07	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income before tax	-0.11	-0.11	0.00	-0.04	-0.04	0.02	-0.09	-0.01	0.05	0.02	-0.02	-0.01	0.00	-0.05	0.06	-0.03	-0.02	-0.07	0.00	0.00	0.00	0.00	0.00	0.00
Income tax expense		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	17.48	0.00	0.00	0.00
Net income	-0.11	-0.11	0.00	-0.05	-0.04	0.02	-0.09	-0.02	0.04	0.01	-0.02	-0.01	0.00	-0.05	0.06	-0.03	-0.02	-0.07	0.00	0.00	0.00	0.00	0.00	0.00

about 24 hours ago

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	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20
Total cash and short-term investments +	0.63	0.01	0.12	0.02	0.21	0.00
Cash and cash equivalents	0.63	0.01	0.09	0.01	0.21	0.00
Short-term investments			0.03	0.01
Accounts receivable, net	0.00	0.03	0.00	0.00	0.00
Inventories	0.13	0.09	0.03	0.01	0.00
Other current assets	1.90	0.04	0.04	0.03	0.01	0.00
Total current assets	2.65	0.17	0.16	0.05	0.22	0.00
Total non-current assets +	1.28	0.69	0.41	0.37	0.13	0.00
Property, plant and equipment, net				0.19	0.01	0.00
Goodwill
Intangible assets	0.08	0.01	0.01	0.00
Long-term investments	0.03	0.05	0.04	0.08	0.00
Other non-current assets
Total assets	4.29	0.86	0.57	0.42	0.35	0.00

Total current liabilities +	0.70	0.13	0.03	0.04	0.00	0.00
Accounts payable	0.04	0.02	0.00	0.02	0.00	0.00
Short-term debt	0.04	0.04	0.00	0.00
Current portion of long-term debt	0.04	0.03
Deferred revenue
Other current liabilities	0.58	0.06	0.01	0.00	0.00	0.00
Total non-current liabilities +	2.76	0.04	0.04	0.04	0.00	0.00
Long-term debt	2.71				0.00
Capital lease obligations	0.02	0.02	0.02	0.02	0.00
Other non-current liabilities				0.03	0.00
Total liabilities	3.46	0.17	0.07	0.08	0.00	0.00

Total stockholders' equity +	0.81	0.68	0.49	0.34	0.35	0.00
Common stock and paid-in capital	1.81	0.86	0.63	0.45	0.43	0.00
Retained earnings	-1.00	-0.18	-0.14	-0.11	-0.07	0.00
Common shares outstanding	382	323	252	248	218	215

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20
Total cash and short-term investments +	0.72	0.72	1.21	0.17	0.02	0.01	0.12	0.26	0.21	0.12	0.02	0.01	0.01	0.02	0.03	0.04	0.10	0.21	0.28	0.17	0.00	0.00	0.00	0.00
Cash and cash equivalents	0.72	0.72	1.21	0.06	0.02	0.01	0.03	0.12	0.09	0.09	0.00	0.00	0.00	0.01	0.03	0.04	0.10	0.21	0.28	0.00	0.00	0.00	0.00	0.00
Short-term investments				0.11			0.10	0.14	0.12	0.03	0.01	0.01	0.01	0.01	0.00	0.00				0.17
Accounts receivable, net	0.01	0.01	0.00	0.00	0.03	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	0.08	0.13	0.17	0.11	0.05	0.09	0.10	0.14	0.12	0.03	0.01	0.01	0.01	0.01	0.00	0.00	0.00
Other current assets	0.03	3.17	0.21	0.04	0.05	0.04	0.03	0.05	0.04	0.04	0.04	0.03	0.02	0.03	0.04	0.01	0.01	0.01	0.02	0.00	0.00	0.00
Total current assets	3.89	3.89	1.42	0.22	0.15	0.17	0.15	0.31	0.25	0.16	0.05	0.04	0.04	0.05	0.07	0.05	0.11	0.22	0.30	0.00	0.00	0.00	0.00	0.00
Total non-current assets +	2.50	2.50	1.42	0.80	0.76	0.69	0.62	0.47	0.43	0.41	0.36	0.37	0.38	0.37	0.34	0.29	0.25	0.13	0.08	0.17	0.17	0.00	0.00	0.00
Property, plant and equipment, net												0.27	0.26	0.19	0.05	0.03	0.02	0.01	0.00	0.00	0.00
Goodwill
Intangible assets	0.08	0.08	0.01	0.01	0.01	0.01	0.03	0.01	0.01	0.01				0.00
Long-term investments	0.00	0.03	0.04	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.03	0.03	0.09	0.08	0.03	0.06	0.01
Other non-current assets
Total assets	6.39	6.39	2.84	1.02	0.91	0.86	0.78	0.78	0.68	0.57	0.42	0.42	0.41	0.42	0.41	0.34	0.36	0.35	0.38	0.17	0.17	0.00	0.00	0.00

Total current liabilities +	1.25	1.25	0.57	0.05	0.14	0.13	0.06	0.04	0.03	0.03	0.04	0.04	0.03	0.04	0.02	0.02	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts payable	0.20	0.20	0.01	0.01	0.03	0.02	0.01	0.01	0.01	0.01	0.01	0.00	0.01	0.02	0.01	0.02	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Short-term debt		0.36	0.01	0.01	0.04	0.04	0.01	0.00	0.00	0.00	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00					0.00	0.00
Current portion of long-term debt	0.36	0.04			0.04	0.03
Deferred revenue
Other current liabilities	0.50	0.69	0.55	0.01	0.05	0.06	0.02	0.00	0.00	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total non-current liabilities +	4.41	4.41	1.49	0.22	0.04	0.04	0.04	0.05	0.05	0.04	0.03	0.03	0.03	0.04	0.00	0.01	0.01	0.00	0.00	0.00	0.02	0.01
Long-term debt	4.38	2.71	1.02	0.17														0.00		0.00
Capital lease obligations	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.03	0.03	0.02	0.02	0.01	0.01	0.01
Other non-current liabilities													0.03	0.03	0.00	0.01	0.01	0.00			0.00
Total liabilities	5.65	5.65	2.06	0.27	0.18	0.17	0.10	0.08	0.08	0.07	0.07	0.07	0.07	0.08	0.02	0.03	0.02	0.00	0.00	0.00	0.02	0.00	0.00	0.00

Total stockholders' equity +	0.71	0.71	0.78	0.75	0.73	0.68	0.67	0.69	0.60	0.49	0.34	0.34	0.34	0.34	0.38	0.31	0.34	0.35	0.38	0.17	0.15	0.00	0.00	0.00
Common stock and paid-in capital	1.83	1.83	1.05	1.02	0.96	0.86	0.87	0.80	0.70	0.63	0.49	0.47	0.46	0.45	0.44	0.43	0.43	0.43	0.38	0.17	0.16	0.00	0.00	0.00
Retained earnings	-1.12	-1.12	-0.27	-0.27	-0.22	-0.18	-0.20	-0.11	-0.10	-0.14	-0.15	-0.13	-0.12	-0.11	-0.06	-0.12	-0.09	-0.07	0.00	0.00	-0.01	0.00	0.00	0.00
Common shares outstanding	405	405	376	375	361	364	333	314	304	291	252	249	249	248	248	248	250	252	218	200	200	215	215	215

about 24 hours ago

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	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20
Operating cash flow +	-0.21	-0.09	-0.09	-0.02	-0.03	0.00
Net income
Depreciation, depletion and amortization	0.20	0.10	0.06	0.01	0.00	0.00
Stock-based compensation	0.05	0.04	0.04	0.04	0.07
Change in inventory
Other working capital changes	-0.46	-0.23	-0.19	-0.07	-0.10	0.00
Cash flow from investing +	-0.34	-0.19	0.05	-0.17	-0.12	-0.17
Capital expenditures	-0.49	-0.14	-0.06	-0.23	-0.01	-0.13
Others incl. marketable securities changes	0.15	-0.05	0.11	0.05	-0.12	-0.04
Cash flow from financing +	3.19	0.21	0.12	0.00	0.36	0.17
Dividend payout			0.00
Common stock repurchases	-0.09	-0.03	0.00	0.00	-0.03
Net Debt Issuance	3.28	0.24	0.12	0.00	0.39	0.17

Change in cash	2.64	-0.07	0.07	-0.20	0.21	0.00

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20
Operating cash flow +	0.09	-0.05	-0.05	-0.06	-0.05	-0.03	-0.01	-0.03	-0.03	-0.13	-0.02	-0.02	0.01	-0.01	0.00	-0.01	0.00	0.00	-0.03	0.00	0.00	0.00	0.00
Net income
Depreciation, depletion and amortization	0.02	0.05	0.06	0.04	0.04	0.04	0.03	0.02	0.02	0.02	0.02	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock-based compensation	0.03	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.07
Change in inventory															0.00	0.00
Other working capital changes	0.04	-0.13	-0.12	-0.11	-0.10	-0.08	-0.05	-0.06	-0.05	-0.15	-0.05	-0.04	-0.01	-0.03	-0.01	-0.02	-0.01	-0.07	-0.03	0.00	0.00	0.00	0.00
Cash flow from investing +	-0.47	-0.21	-0.02	-0.09	-0.02	0.00	-0.13	-0.03	-0.03	0.09	0.02	0.02	-0.02	0.00	-0.01	-0.06	-0.10	-0.05	-0.07	-0.06	-0.06
Capital expenditures	-0.55	-0.23	-0.05	-0.03	-0.10	-0.08	-0.18	-0.04	-0.01	-0.02	-0.01	-0.01	-0.02	-0.01	-0.04	-0.07	-0.10	0.00	0.00	-0.06	-0.06	0.00	0.00
Others incl. marketable securities changes	0.08	0.02	0.02	-0.06	0.08	0.08	0.04	0.01	-0.02	0.11	0.03	0.03	0.00	0.01	0.03	0.01	0.00	-0.04	-0.07	0.00	0.00	0.00	0.00
Cash flow from financing +	1.96	1.70	1.22	0.19	0.08	0.01	0.06	0.09	0.06	0.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.02	0.38	0.00	0.00	0.17	0.00
Dividend payout										0.00		0.00
Common stock repurchases	0.00	-0.08	0.00	0.00	0.00	-0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.03					0.00
Net Debt Issuance	1.97	1.79	1.22	0.19	0.08	0.02	0.06	0.09	0.06	0.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.38	0.00	0.00	0.17	0.00

Change in cash	1.58	1.44	1.14	0.04	0.02	-0.02	-0.08	0.03	0.00	0.08	0.00	0.00	-0.01	-0.02	-0.01	-0.06	-0.11	-0.07	0.28	-0.05	-0.06	0.17	0.00

about 24 hours ago

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Cipher Mining Inc.

Income Statement - Cipher Mining Inc. (CIFR)

Income Statement - Cipher Mining Inc. (CIFR)

Balance Sheet - Cipher Mining Inc. (CIFR)

Balance Sheet - Cipher Mining Inc. (CIFR)

Cash Flow - Cipher Mining Inc. (CIFR)

Cash Flow - Cipher Mining Inc. (CIFR)