Cipher Mining Inc. Income Statement
CIFR / Financials|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
Cipher Mining Inc. reported $224M in revenue and $822M in net loss for FY2025. Revenue has grown at a 319.3% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $223.9M | $151.3M | $126.8M | $3.0M | - | - |
| Cost of Revenue | $81.2M | $62.4M | $50.3M | $748.0K | - | - |
| SG&A Expense | $36.4M | $32.7M | $27.8M | $70.8M | $72.1M | - |
| Operating Income | -$421.6M | -$43.7M | -$20.1M | -$37.4M | -$72.2M | -$153.7K |
| Interest Expense | - | - | $2.0M | $137.0K | $27.0K | - |
| Income Tax | -$3.3M | $318.0K | $3.6M | $1.8M | $0 | - |
| Net Income | -$822.2M | -$44.6M | -$25.8M | -$39.1M | -$72.2M | -$126.3K |
| EPS (Basic) | -$0.10 | -$0.10 | -$0.16 | -$0.33 | -$0.33 | - |
| EPS (Diluted) | -$0.10 | -$0.10 | -$0.16 | -$0.33 | -$0.33 | - |
| Shares Outstanding | 350.8M | 291.0M | 246.4M | 246.4M | 246.4M | 10.2M |
| Operating Margin | -188.3% | -28.9% | -15.9% | -1232.2% | - | - |
| Profit Margin | -367.2% | -29.5% | -20.3% | -1285.9% | - | - |