For the quarter ending 2026-03-31, CIFR made $34,838K in revenue. -$114,316K in net income. Net profit margin of -328.14%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue - bitcoin mining | 34,838 | 59,711 | 71,707 | 43,565 |
| Cost of revenue | 17,705 | 24,259 | 26,733 | 15,330 |
| Compensation and benefits | 35,003 | 34,722 | 14,445 | 15,659 |
| General and administrative | 11,741 | 10,186 | 8,167 | 9,078 |
| Depreciation and amortization | 19,014 | 51,871 | 59,549 | 44,086 |
| Change in fair value of derivative asset | - | - | - | -15,480 |
| Change in fair value of power purchase agreement | -28,230 | -11,680 | -9,030 | - |
| Power sales | 2,138 | 3,168 | 2,335 | 1,376 |
| Equity in losses of equity investees | -1,601 | -12,350 | -1,479 | -1,701 |
| Unrealized gains (losses) on fair value of bitcoin | 3,760 | -38,676 | 108 | 17,143 |
| Realized (gaines) losss on sale of bitcoin | -24,223 | -8,966 | 7,535 | -3,639 |
| Other operating losses | -17,788 | -170,784 | 101 | -2,354 |
| Total costs and operating expenses | 149,407 | 360,326 | 109,324 | 88,808 |
| Operating loss | -114,569 | -300,615 | -37,617 | -45,243 |
| Interest income | 31,590 | 18,536 | 457 | 296 |
| Interest expense | 59,158 | 33,359 | 1,286 | 1,137 |
| Change in fair value of warrant liability | -43,610 | 12,570 | -31,860 | 0 |
| Other expenses | -15,382 | -410,268 | 3,000 | 1,220 |
| Total other income (expense) | 660 | -437,661 | 34,031 | 379 |
| Loss before taxes | -113,909 | -738,276 | -3,586 | -44,864 |
| Current income tax expense | 407 | -201 | -767 | 1,145 |
| Deferred income tax benefit | 0 | -3,870 | 464 | -228 |
| Total income tax expense | 407 | -4,071 | -303 | 917 |
| Net loss | -114,316 | -734,205* | - | - |
| Less net loss attributable to redeemable noncontrolling interest | 0 | 0* | - | - |
| Net loss available for common stockholders | -114,316 | -734,205 | -3,283 | -45,781 |
| Basic EPS | -0.28 | -1.846 | -0.01 | -0.12 |
| Diluted EPS | -0.28 | -1.846 | -0.01 | -0.12 |
| Basic Average Shares | 405,112,315 | 397,653,125 | 393,191,623 | 375,052,248 |
| Diluted Average Shares | 405,112,315 | 397,653,125 | 393,191,623 | 375,052,248 |
Cipher Mining Inc. (CIFR)
Cipher Mining Inc. (CIFR)