Company / Free Cash Flow
Cipher Mining Inc. Free Cash Flow History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$695.9M
FY2025
5-year range
-$695.9M / -$36.8M
FY2021-FY2025
Trend
-206.5%
vs FY2024
Sector context
#282 of 296
Financials
What the data says
Free Cash Flow changed -207% YoY in FY2025, a notable deviation from the 4-year average annual change of -115%.
Based on SEC 10-K filings.
-$696M in FY2025.
Declined from -$115M to -$696M over the past 2 years.
Financials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in FinancialsTop 95% of 296This company -$695.9M Sector average $616.2M
▼
-212.9% below sector average
Key checks
Key Insights
- Cipher Mining Inc.'s free cash flow has declined for 4 consecutive years.
- In FY2025, free cash flow decreased 206.5% year-over-year.
- Ranks #282 out of 296 companies in the Financials sector.
- Peak free cash flow was recorded in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -0.03 (distress zone, below 1.8 threshold)
- Negative profit margin: -29.5%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$695.9M | -206.5% |
| FY2024 | -$227.0M | -97.9% |
| FY2023 | -$114.7M | -90.8% |
| FY2022 | -$60.1M | -63.5% |
| FY2021 | -$36.8M | - |
| FY2020 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026