Every 10-Q that Cipher Digital Inc. (CIFR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CIFR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CIFR filings page.
Cipher Digital Inc. reports much larger losses as it pivots from pure bitcoin mining toward large-scale HPC data centers. Bitcoin mining revenue was 24,837 for the quarter and 59,675 for the first half of 2026 (in thousands), down from 43,565 and 92,524 a year earlier.
Operating loss widened to 78,536 for Q2 and 193,105 year-to-date, with net loss of 267,529 and 381,845 (in thousands), driven by higher compensation, general and administrative costs, derivative losses on its fixed-price power contract, realized losses on bitcoin sales and a 106,900 loss from remeasuring Google-related warrants. Interest expense surged to 125,894 (in thousands) as long-term borrowings principal reached 6,015,500.
Total assets rose to 7,501,454 (in thousands), reflecting 4,559,787 of cash, cash equivalents and restricted cash and 2,132,585 of property and equipment, including 1,676,099 of construction-in-progress for new HPC-focused facilities. Working capital was about 2,753.0 million, but stockholders’ equity fell to 562,057 (in thousands) as accumulated deficit deepened to 1,385.5 million and warrant liability increased. Bitcoin holdings declined to 646 coins with fair value of 37.8 million.
Cipher Digital Inc. reports a larger quarterly loss as it invests heavily in new high-performance compute data centers. For the three months ended March 31, 2026, bitcoin mining revenue was $34.8 million and the net loss was $114.3 million, compared with a $39.0 million loss a year earlier.
The company ended the quarter with $4.25 billion in cash, cash equivalents and restricted cash and $5.21 billion in principal long-term borrowings, mainly senior secured and convertible notes. Operating cash flow was positive at $91.5 million, but capital expenditures of about $554.0 million drove a build-up of construction-in-progress for new Texas facilities.
Cipher held 1,116 bitcoin worth $76.2 million and continues shifting from pure bitcoin mining toward hosting large AI and HPC tenants, backed by long-term leases and significant project-level financing.
Cipher Mining Inc. reported Q3 results marked by strong top-line growth and significant balance-sheet changes. Bitcoin mining revenue reached $71.7 million for the three months ended September 30, 2025, up from $24.1 million a year ago. The company posted a modest net loss of $3.3 million versus a $86.8 million loss in the prior-year quarter, with depreciation and amortization of $59.5 million reflecting new assets coming online.
Liquidity increased sharply: cash and cash equivalents were $1,207.4 million as of September 30, 2025. Cipher held 1,493 bitcoin valued at $170.3 million as of quarter-end. Property and equipment, net, rose to $649.9 million, tied to the Black Pearl facility build-out. The company issued $1.3 billion of 0.00% 2031 convertible notes and $172.5 million of 1.75% 2030 convertible notes, bringing long-term borrowings, net, to $1.023 billion. It also purchased capped calls for $82.7 million related to the 2031 notes. Working capital was $849.2 million, supporting ongoing data center development and operations.