Cipher Digital Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $223.9M | $151.3M | $126.8M | $3.0M | — |
| Operating income | -$421.6M | -$43.7M | -$20.1M | -$37.4M | -$72.2M |
| Cash from operations | -$207.9M | -$87.5M | -$94.2M | -$20.9M | -$31.7M |
| Capital expenditure | $487.9M | $139.5M | $20.5M | $39.2M | $5.1M |
| Free cash flow | -$695.9M | -$227.0M | -$114.7M | -$60.1M | -$36.8M |
| Share repurchases | $89.6M | $27.6M | $3.9M | $3.1M | $23.2M |
| Impairments | $45.3M | $0 | $0 | $0 | $0 |
| Total assets | $4.3B | $855.4M | $566.1M | $418.5M | $354.2M |
| Total liabilities | $3.5B | $173.5M | $74.8M | $75.6M | $636,000 |
| Total debt | $3.2B | — | — | — | — |
Shares outstanding 409.0M · Free float 59.8%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.