Cipher Digital annual free cash flow
2021
2022
2023
2024
2025
Cipher Digital Free Cash Flow (FCF) History (CIFR)
Cipher Digital reported −$695.9M in free cash flow for fiscal 2025, a decrease of $468.9M from the previous fiscal year, with a free cash flow margin of −310.73%.
View full Cipher Digital company overviewCipher Digital free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$695.9M | −$468.9M | — | −310.73% |
| 2024 | 2024-12-31 | −$227.0M | −$112.3M | — | −150.07% |
| 2023 | 2023-12-31 | −$114.7M | −$54.6M | — | −90.44% |
| 2022 | 2022-12-31 | −$60.1M | −$23.4M | — | −1980.05% |
| 2021 | 2021-12-31 | −$36.8M | — | — | — |
Cipher Digital quarterly free cash flow
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 | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$653.8M | −$479.0M | — | −2632.40% |
| Q1 2026 | 2026-03-31 | −$462.5M | −$315.5M | — | −1327.46% |
| Q4 2025 | 2025-12-31 | −$280.3M | −$204.2M | — | −469.46% |
| Q3 2025 | 2025-09-30 | −$93.8M | −$10.7M | — | −130.87% |
| Q2 2025 | 2025-06-30 | −$174.8M | −$141.6M | — | −401.21% |
| Q1 2025 | 2025-03-31 | −$146.9M | −$112.4M | — | −300.07% |
| Q4 2024 | 2024-12-31 | −$76.1M | −$15.7M | — | −180.23% |
| Q3 2024 | 2024-09-30 | −$83.2M | −$60.2M | — | −345.00% |
| Q2 2024 | 2024-06-30 | −$33.2M | −$5.0M | — | −90.24% |
| Q1 2024 | 2024-03-31 | −$34.5M | −$6.4M | — | −71.75% |
| Q4 2023 | 2023-12-31 | −$60.4M | −$38.1M | — | −139.15% |
| Q3 2023 | 2023-09-30 | −$23.0M | −$8.1M | — | −75.79% |
| Q2 2023 | 2023-06-30 | −$28.2M | −$15.6M | — | −90.47% |
| Q1 2023 | 2023-03-31 | −$28.1M | −$17.7M | — | −128.29% |
| Q4 2022 | 2022-12-31 | −$22.3M | — | — | — |
| Q3 2022 | 2022-09-30 | −$14.8M | — | — | — |
| Q2 2022 | 2022-06-30 | −$12.6M | — | — | — |
| Q1 2022 | 2022-03-31 | −$10.4M | — | — | — |
Cipher Digital free cash flow growth trends
Cipher Digital's latest reported quarter, Q2 2026, generated −$653.8M in free cash flow, a decrease of $479.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Cipher Digital source filings ↗Community posts
Cipher extends Barber Lake lease to 20 years and over $9 billion
Cipher Digital ($CIFR) extended the Barber Lake data-center lease from ten to twenty years, increasing expected contracted revenue from $3.8 billion to more than $9 billion. The additional term adds approximately $5.2 billion and combines a ...
