Cipher Mining Financials

CIFR Stock  USD 16.26  0.45  2.85%   
Cipher Mining is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. At this time, Cipher Mining's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 02/05/2026, Capital Surpluse is likely to grow to about 548 M, though Retained Earnings are likely to grow to (155.1 M).
 
Covid
 
Interest Hikes

Cipher Mining Balance Sheet Chart

At this time, Cipher Mining's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 02/05/2026, Capital Surpluse is likely to grow to about 548 M, though Retained Earnings are likely to grow to (155.1 M).
Key indicators impacting Cipher Mining's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.05010.0744
Way Down
Pretty Stable
Current Ratio1.391.47
Notably Down
Slightly volatile
Investors should never underestimate Cipher Mining's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to research Cipher Mining's cash flow, debt, and profitability to make informed and accurate decisions about investing in Cipher Mining.

Net Income

(42.18 Million)

  
Build AI portfolio with Cipher Stock
Understanding current and past Cipher Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cipher Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Cipher Mining's assets may result in an increase in income on the income statement.

Cipher Mining Stock Summary

Cipher Mining competes with Riot Blockchain, Terawulf, Freedom Holding, Xp, and Bitmine Immersion. Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. The company was incorporated in 2021 and is based in New York, New York. Cipher Mining operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 10 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS17253J1060
Business Address1 Vanderbilt Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.ciphermining.com
Phone332 262 2300
CurrencyUSD - US Dollar

Cipher Mining Key Financial Ratios

Cipher Mining Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets354.2M418.5M566.1M855.4M983.8M1.0B
Other Current Liab257.3K223K9.1M55.2M63.5M66.7M
Net Debt(209.8M)8.7M(64.1M)50.8M58.4M61.3M
Retained Earnings(72.2M)(111.2M)(136.8M)(181.4M)(163.3M)(155.1M)
Accounts Payable242K17.4M5.0M22.7M26.1M27.4M
Cash209.8M11.9M86.1M5.6M5.0M4.8M
Other Current Assets13.8M28.3M35.5M35.0M40.3M24.9M
Total Liab636.1K75.6M74.8M173.5M199.5M209.5M
Net Invested Capital353.5M342.9M491.3M714.3M821.4M418.4M
Total Current Assets223.7M47.7M155.5M168.2M193.4M131.3M
Capital Stock252.1K251K296K361K415.2K299.2K
Net Working Capital223.2M7.4M121.7M36.4M32.8M62.2M
Common Stock252.1K251K296K361K415.2K299.2K

Cipher Mining Key Income Statement Accounts

The reason investors look at the income statement is to determine what Cipher Mining's earnings per share (EPS) will be for research and analysis purposes. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, this information can be used for research and educational purposes even though its price per share may not have changed.
202120222023202420252026 (projected)
Interest Expense25.1K137K2.0M1.7M2.0M2.1M
Operating Income(72.2M)(37.4M)(20.1M)(43.7M)(39.3M)(41.3M)
Ebit(72.1M)(37.1M)(20.2M)(42.6M)(38.3M)(40.3M)
Ebitda(72.1M)(31.9M)39.7M61.1M70.3M73.8M
Income Before Tax(72.2M)(37.2M)(22.2M)(44.3M)(39.9M)(41.9M)
Net Income(72.2M)(39.1M)(25.8M)(44.6M)(40.2M)(42.2M)
Income Tax Expense(231.1K)1.8M3.6M318K365.7K347.4K

Cipher Mining Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash208.6M(197.9M)74.2M(66.1M)(59.5M)(56.5M)
Free Cash Flow(36.8M)(248.8M)(149.3M)(227.0M)(204.3M)(214.5M)
Depreciation4.9K5.2M59.9M103.7M119.3M125.2M
Other Non Cash Items63.8M(31.2M)(159.5M)(206.1M)(185.5M)(176.2M)
Capital Expenditures5.1M227.9M55.0M139.5M160.4M122.9M
Net Income(72.2M)(39.1M)(25.8M)(44.6M)(40.2M)(42.2M)
End Period Cash Flow209.8M11.9M86.1M20.0M18.0M17.1M

Cipher Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cipher Mining's current stock value. Our valuation model uses many indicators to compare Cipher Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cipher Mining competition to find correlations between indicators driving Cipher Mining's intrinsic value. More Info.
Cipher Mining is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Cipher Mining's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cipher Mining by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most indicators from Cipher Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cipher Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cipher Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Cipher Stock, please use our How to Invest in Cipher Mining guide.As of 02/05/2026, Selling General Administrative is likely to grow to about 52.2 M, while Tax Provision is likely to drop slightly above 271.9 K.
 2023 2024 2025 2026 (projected)
Tax Provision3.6M318K286.2K271.9K
Cost Of Revenue50.3M123.2M141.6M148.7M

Cipher Mining fundamental ratios Correlations

0.910.950.940.840.990.830.23-0.970.940.180.990.880.150.18-0.9-0.890.890.880.930.930.940.970.940.940.99
0.910.980.80.670.950.840.49-0.820.91-0.10.930.71-0.16-0.1-0.66-0.710.90.730.80.740.80.960.80.810.96
0.950.980.850.770.980.850.49-0.880.97-0.090.970.79-0.05-0.09-0.74-0.810.910.820.880.810.850.990.880.850.99
0.940.80.850.910.910.750.09-0.970.850.30.920.930.250.3-0.93-0.880.910.930.890.971.00.880.891.00.91
0.840.670.770.910.830.660.29-0.90.820.040.860.970.20.04-0.83-0.960.870.990.930.960.920.820.930.910.82
0.990.950.980.910.830.840.35-0.950.970.061.00.860.10.06-0.85-0.880.910.880.930.90.920.990.940.911.0
0.830.840.850.750.660.840.32-0.710.820.020.830.660.010.02-0.64-0.620.840.680.730.70.750.840.740.760.85
0.230.490.490.090.290.350.32-0.160.48-0.910.350.21-0.56-0.910.12-0.310.420.310.360.130.10.460.350.10.37
-0.97-0.82-0.88-0.97-0.9-0.95-0.71-0.16-0.9-0.24-0.96-0.94-0.25-0.240.950.94-0.86-0.94-0.95-0.98-0.97-0.92-0.95-0.97-0.94
0.940.910.970.850.820.970.820.48-0.9-0.10.970.80.14-0.1-0.79-0.870.890.860.920.850.850.980.930.850.96
0.18-0.1-0.090.30.040.060.02-0.91-0.24-0.10.060.150.621.0-0.49-0.05-0.050.050.020.250.29-0.060.020.290.04
0.990.930.970.920.861.00.830.35-0.960.970.060.890.10.06-0.86-0.910.90.90.950.920.920.990.960.921.0
0.880.710.790.930.970.860.660.21-0.940.80.150.890.120.15-0.86-0.960.840.980.940.980.940.840.940.930.85
0.15-0.16-0.050.250.20.10.01-0.56-0.250.140.620.10.120.62-0.51-0.22-0.020.160.160.280.250.00.160.230.04
0.18-0.1-0.090.30.040.060.02-0.91-0.24-0.11.00.060.150.62-0.49-0.05-0.050.050.020.250.29-0.060.020.290.04
-0.9-0.66-0.74-0.93-0.83-0.85-0.640.120.95-0.79-0.49-0.86-0.86-0.51-0.490.87-0.72-0.85-0.87-0.94-0.93-0.79-0.87-0.92-0.83
-0.89-0.71-0.81-0.88-0.96-0.88-0.62-0.310.94-0.87-0.05-0.91-0.96-0.22-0.050.87-0.8-0.98-0.98-0.96-0.89-0.87-0.98-0.88-0.87
0.890.90.910.910.870.910.840.42-0.860.89-0.050.90.84-0.02-0.05-0.72-0.80.880.840.860.920.920.840.920.91
0.880.730.820.930.990.880.680.31-0.940.860.050.90.980.160.05-0.85-0.980.880.960.980.930.870.960.920.87
0.930.80.880.890.930.930.730.36-0.950.920.020.950.940.160.02-0.87-0.980.840.960.950.890.931.00.880.92
0.930.740.810.970.960.90.70.13-0.980.850.250.920.980.280.25-0.94-0.960.860.980.950.980.870.950.970.88
0.940.80.851.00.920.920.750.1-0.970.850.290.920.940.250.29-0.93-0.890.920.930.890.980.880.891.00.91
0.970.960.990.880.820.990.840.46-0.920.98-0.060.990.840.0-0.06-0.79-0.870.920.870.930.870.880.930.880.99
0.940.80.880.890.930.940.740.35-0.950.930.020.960.940.160.02-0.87-0.980.840.961.00.950.890.930.880.93
0.940.810.851.00.910.910.760.1-0.970.850.290.920.930.230.29-0.92-0.880.920.920.880.971.00.880.880.91
0.990.960.990.910.821.00.850.37-0.940.960.041.00.850.040.04-0.83-0.870.910.870.920.880.910.990.930.91
Click cells to compare fundamentals

Cipher Mining Account Relationship Matchups

Cipher Mining fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets354.2M418.5M566.1M855.4M983.8M1.0B
Other Current Liab257.3K223K9.1M55.2M63.5M66.7M
Net Debt(209.8M)8.7M(64.1M)50.8M58.4M61.3M
Retained Earnings(72.2M)(111.2M)(136.8M)(181.4M)(163.3M)(155.1M)
Accounts Payable242K17.4M5.0M22.7M26.1M27.4M
Cash209.8M11.9M86.1M5.6M5.0M4.8M
Other Current Assets13.8M28.3M35.5M35.0M40.3M24.9M
Total Liab636.1K75.6M74.8M173.5M199.5M209.5M
Net Invested Capital353.5M342.9M491.3M714.3M821.4M418.4M
Total Current Assets223.7M47.7M155.5M168.2M193.4M131.3M
Capital Stock252.1K251K296K361K415.2K299.2K
Net Working Capital223.2M7.4M121.7M36.4M32.8M62.2M
Common Stock252.1K251K296K361K415.2K299.2K
Today, most investors in Cipher Mining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cipher Mining's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cipher Mining growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.92)

At this time, Cipher Mining's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Cipher Mining February 5, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cipher Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cipher Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cipher Mining based on widely used predictive technical indicators. In general, we focus on analyzing Cipher Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cipher Mining's daily price indicators and compare them against related drivers.

Additional Tools for Cipher Stock Analysis

When running Cipher Mining's price analysis, check to measure Cipher Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.