Company / Operating Margin
Cipher Mining Inc. Operating Margin History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-188.3%
FY2025
5-year range
-2375.8% / -15.9%
FY2022-FY2025
Trend
-551.6%
vs FY2024
Sector context
#99 of 104
Financials
What the data says
Operating Margin changed -552% YoY in FY2025, a notable deviation from the 3-year average annual change of -178%.
Based on SEC 10-K filings.
-188.3% in FY2025 with a 3-year CAGR of +2187.5%.
Declined from -15.9% to -188.3% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +2187.5pp
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
Bottom 5% in FinancialsTop 95% of 104This company -188.3% Sector average -48.7%
▼
-286.3% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 551.6% year-over-year.
- Currently 139.5pp below the Financials sector average.
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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -188.3% | -551.6% |
| FY2024 | -28.9% | -82.2% |
| FY2023 | -15.9% | +99.3% |
| FY2022 | -2375.8% | - |
| FY2021 | - | - |
| FY2020 | - | - |
As of FY2025 · SEC 10-K · Updated Jul 4, 2026