Cipher Digital annual return on equity
2021
2022
2023
2024
2025
Cipher Digital Return on Equity (ROE) Growth & History (CIFR)
Cipher Digital's return on equity was −110.55% for fiscal 2025.
View full Cipher Digital company overviewCipher Digital annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −110.55% | −102.95 pp |
| 2024 | 2024-12-31 | −7.61% | −1.43 pp |
| 2023 | 2023-12-31 | −6.18% | +5.04 pp |
| 2022 | 2022-12-31 | −11.22% | +29.45 pp |
| 2021 | 2021-12-31 | −40.66% | — |
Cipher Digital quarterly return on equity
Q1.21
Q3.21
Q4.21
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 | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −41.92% | −35.75 pp |
| Q1 2026 | 2026-03-31 | −15.04% | −9.54 pp |
| Q4 2025 | 2025-12-31 | −92.43% | −95.01 pp |
| Q3 2025 | 2025-09-30 | −0.43% | +12.30 pp |
| Q2 2025 | 2025-06-30 | −6.17% | −3.80 pp |
| Q1 2025 | 2025-03-31 | −5.50% | −12.81 pp |
| Q4 2024 | 2024-12-31 | 2.59% | +0.05 pp |
| Q3 2024 | 2024-09-30 | −12.73% | −7.32 pp |
| Q2 2024 | 2024-06-30 | −2.37% | +1.45 pp |
| Q1 2024 | 2024-03-31 | 7.31% | +8.63 pp |
| Q4 2023 | 2023-12-31 | 2.54% | +16.76 pp |
| Q3 2023 | 2023-09-30 | −5.41% | −22.44 pp |
| Q2 2023 | 2023-06-30 | −3.82% | +5.10 pp |
| Q1 2023 | 2023-03-31 | −1.32% | +3.71 pp |
| Q4 2022 | 2022-12-31 | −14.22% | +4.36 pp |
| Q3 2022 | 2022-09-30 | 17.03% | +18.30 pp |
| Q2 2022 | 2022-06-30 | −8.91% | — |
| Q1 2022 | 2022-03-31 | −5.03% | +159.74 pp |
| Q4 2021 | 2021-12-31 | −18.59% | — |
| Q3 2021 | 2021-09-30 | −1.28% | — |
| Q1 2021 | 2021-03-31 | −164.77% | — |
Cipher Digital return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, Cipher Digital's return on equity decreased from −40.66% to −110.55%, a change of −69.89 percentage points. The latest reported quarter, Q2 2026, shows −41.92%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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