Cipher Digital Inc（CIFR）の財務CIFRCipher Digital Inc

Evaluating the bottom line, Cipher Digital Inc maintains a gross margin of -38.55%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -266.20%, while the net margin is -1077.14%. These profitability ratios, combined with a Return on Equity (ROE) of -170.77%, provide a clear picture of how effectively CIFR converts its operational activities into shareholder value.

In the context of the broader market, CIFR competes directly with industry leaders such as JOYY and MARA. With a market capitalization of $7.61B, it holds a leading position in the sector. When comparing efficiency, CIFR's gross margin of -38.55% stands against JOYY's 34.13% and MARA's -67.30%. Such benchmarking helps identify whether Cipher Digital Inc is trading at a premium or discount relative to its financial performance.

The company has reported substantial losses, with net income to common shareholders showing a loss of $267.53 million in Q2 2026 and a gross margin of -38.55%. Furthermore, the debt to equity ratio has skyrocketed to 986.84%, signaling severe financial distress.