Company / Working Capital
Cipher Mining Inc. Working Capital History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.0B
FY2025
5-year range
$7.4M / $2.0B
FY2021-FY2025
Trend
+5263.6%
vs FY2024
Sector context
#18 of 74
Financials
What the data says
Working Capital changed +5264% YoY in FY2025, a notable deviation from the 5-year average annual change of +1375%.
Based on SEC 10-K filings.
$2.0B in FY2025 with a 3-year CAGR of +541.3%. Top quartile in the Financials sector.
Improved from $122M to $2.0B over the past 2 years.
Financials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +541.3%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 24% in FinancialsTop 24% of 74This company $2.0B Sector average $1.3B
▼
+47.9% above sector average
Key checks
Key Insights
- 3-year CAGR of +541.3%, indicating consistent growth.
- In FY2025, working capital increased 5263.6% year-over-year.
- Ranks #18 out of 74 companies in the Financials sector.
- Lowest working capital in the period was in FY2020.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.0B | +5263.6% |
| FY2024 | $36.4M | -70.1% |
| FY2023 | $121.7M | +1542.7% |
| FY2022 | $7.4M | -96.7% |
| FY2021 | $223.2M | +235.3% |
| FY2020 | -$164.9M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026