Cipher Mining Inc. (CIFR) — Financial statements
Income statement, balance sheet, and cash flow for Cipher Mining Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 224↑48.0% | 151↑19.3% | 127↑4076.6% | 3 | 0.00 | |
| Cost of Revenue | 160↑30.2% | 123↑144.8% | 50↑6625.8% | 0.75↑15268.8% | 0.00 | |
| Gross Profit | 64↑126.2% | 28↓63.3% | 77↑3243.5% | 2↑47131.0% | -0.00 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 36↑11.4% | 33↓61.7% | 85↑20.3% | 71 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 36↑11.4% | 33↓61.7% | 85↑20.3% | 71↓1.8% | 72 | |
| Other Expenses | 365↑831.2% | 39↑241.9% | 11↑136.8% | -31 | 0.00 | |
| Operating Expenses | 401↑458.4% | 72↓25.7% | 97↑143.4% | 40↓45.0% | 72 | |
| Total Costs & Expenses | 561↑187.9% | 195↑32.7% | 147↑263.2% | 40↓43.9% | 72 | |
| Operating Results | ||||||
| Operating Income | -337↓672.1% | -44↓117.2% | -20↑46.2% | -37↑48.1% | -72 | |
| Depreciation & Amortization | 201↑93.5% | 104↑73.1% | 60↑1063.4% | 5↑105714.7% | 0.00 | |
| EBITDA | -588↓1063.2% | 61↑53.9% | 40↑224.4% | -32↑55.7% | -72 | |
| EBIT | -789↓1751.7% | -43↓110.8% | -20↑45.5% | -37↑48.6% | -72 | |
| Interest & Other Income | ||||||
| Net Interest Income | -17↓1119.1% | 2↑191.3% | -2↓2452.6% | 0.08↑410.9% | -0.03 | |
| Interest Income | 19↑475.6% | 3↑1963.4% | 0.16↓23.7% | 0.22 | 0.00 | |
| Interest Expense | 37↑2040.5% | 2↓14.6% | 2↑1359.1% | 0.14↑446.0% | 0.03 | |
| Non-Operating Income | 452↑41530.6% | -1↓1235.4% | 0.10↑127.8% | -0.35↓1218.9% | -0.03 | |
| Other Income / Expenses | -488↓78889.2% | -0.62↑70.5% | -2↓1107.2% | 0.21↑27722.8% | -0.00 | |
| Income Before Tax | -826↓1762.8% | -44↓99.5% | -22↑40.3% | -37↑48.4% | -72 | |
| Income Tax Expense | -3↓1141.8% | 0.32↓91.1% | 4↑93.9% | 2 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -822↓1742.2% | -45↓73.2% | -26↑34.0% | -39↑45.9% | -72 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -822↓1742.2% | -45↓73.2% | -26↑34.0% | -39↑45.9% | -72 | |
| Bottom-Line Net Income | -822↓1742.2% | -45↓73.2% | -26↑34.0% | -39↑45.9% | -72 | |
| EPS (Basic) | -2.15↓1435.7% | -0.14↓40.0% | -0.10↑37.5% | -0.16↑55.6% | -0.36 | |
| EPS (Diluted) | -2.15↓1435.7% | -0.14↓40.0% | -0.10↑37.5% | -0.16↑55.6% | -0.36 | |
| Weighted Average Shares | 382↑18.1% | 323↑28.0% | 252↑1.7% | 248↑13.9% | 218 | |
| Weighted Average Diluted Shares | 382↑18.1% | 323↑28.0% | 252↑1.7% | 248↑13.9% | 218 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.