Cipher Digital annual capital expenditures (capex)
2021
2022
2023
2024
2025
Cipher Digital Capital Expenditures (CapEx) Growth & History (CIFR)
Cipher Digital's capital expenditures (capex) was $487.9M for fiscal 2025.
View full Cipher Digital company overviewCipher Digital annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $487.9M | $348.4M | +249.78% |
| 2024 | 2024-12-31 | $139.5M | $119.0M | +581.13% |
| 2023 | 2023-12-31 | $20.5M | −$18.7M | −47.78% |
| 2022 | 2022-12-31 | $39.2M | $34.1M | +667.50% |
| 2021 | 2021-12-31 | $5.1M | — | — |
Cipher Digital quarterly capital expenditures (capex)
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $410.3M | $291.7M | +246.02% |
| Q1 2026 | 2026-03-31 | $554.0M | $454.3M | +455.80% |
| Q4 2025 | 2025-12-31 | $225.9M | $178.8M | +379.36% |
| Q3 2025 | 2025-09-30 | $43.8M | −$32.8M | −42.84% |
| Q2 2025 | 2025-06-30 | $118.6M | $110.7M | +1407.76% |
| Q1 2025 | 2025-03-31 | $99.7M | $91.8M | +1161.39% |
| Q4 2024 | 2024-12-31 | $47.1M | $34.6M | +276.98% |
| Q3 2024 | 2024-09-30 | $76.6M | $72.2M | +1625.77% |
| Q2 2024 | 2024-06-30 | $7.9M | −$2.7M | −25.77% |
| Q1 2024 | 2024-03-31 | $7.9M | −$10.0M | −55.97% |
| Q4 2023 | 2023-12-31 | $12.5M | $2.2M | +21.82% |
| Q3 2023 | 2023-09-30 | $4.4M | −$11.4M | −72.06% |
| Q2 2023 | 2023-06-30 | $10.6M | $4.6M | +76.27% |
| Q1 2023 | 2023-03-31 | $17.9M | $10.9M | +154.24% |
| Q4 2022 | 2022-12-31 | $10.3M | — | — |
| Q3 2022 | 2022-09-30 | $15.9M | — | — |
| Q2 2022 | 2022-06-30 | $6.0M | — | — |
| Q1 2022 | 2022-03-31 | $7.1M | — | — |
Cipher Digital capital expenditures (capex) trends
Between the periods ended 2021-12-31 and 2025-12-31, Cipher Digital's capital expenditures (capex) increased from $5.1M to $487.9M, a change of $482.8M. The latest reported quarter, Q2 2026, shows $410.3M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cipher Digital source filings ↗