NASDAQ$CIFR

Cipher Digital Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Cipher Mining reported Q3 2025, a net loss of $3.3M, diluted EPS of $-0.01.

For Q3 2025, Cipher Mining reported a net loss of $3.3M, diluted EPS of $-0.01. Management discusses operating trends, liquidity, and priorities as disclosed in the filing.

  • Net loss $3.3M.
  • Diluted EPS $-0.01.
  • Cipher Mining updated strategic and capital priorities in the filing.

Headline financials

Total Revenue

$71.7M

Previous: $24.1M+197.5%
EPS (adj)

-$0.01

Previous: -$0.01+0.0%
Capital Expenditures

-$262M

Previous: -$92.4M-183.7%
Net Income

-$3.28M

Previous: -$86.8M+96.2%
Operating Income

-$37.6M

Previous: -$91.4M+58.8%

Revenue & EPS history

Cipher · Revenue · Quarterly

$71.7M

Q3 2025+197.5%vs Q3 2024
Beat estimate in 2 of 13 quarters(15%)
ActualEstimate

Forward guidance

The filing discusses Cipher Mining's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • Cipher Mining cites execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • GAAP profitability remained under pressure in the quarter.
  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.8%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-0.6%

Avg return

30 days after

67%

14 / 21 earnings

Positive

+26.5%

Q4 2023

Best reaction

-49.5%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+23.7%+15.1%+43.2%
Q4 2025+1.1%+2.5%-5.7%
Q3 2025+19.4%+10.9%-0.1%
Q1 2025+2.0%+0.0%+18.5%
Q4 2024-17.5%-17.8%-48.8%
Q3 2024-0.6%+0.8%+26.9%
Q2 2024-7.1%-2.3%-21.4%
Q1 2024-15.4%-16.8%-8.1%
Q4 2023+26.5%+22.3%+44.9%
Q3 2023-19.0%-25.2%-24.4%
Q2 2023+10.2%+9.9%-9.3%
Q1 2023+12.3%+7.7%+17.4%
Q4 2022+0.5%+27.5%+45.6%
Q3 2022+3.4%-7.4%-29.2%
Q2 2022+9.4%+10.4%-25.9%
Q1 2022-49.5%-39.9%-47.1%
Q4 2021+11.0%+21.2%+37.1%
Q3 2021+6.2%-0.2%-32.8%
Q1 2021-0.7%+0.1%-0.2%
Q4 2020+0.3%+0.7%+7.3%
Q3 2020+0.6%-0.9%+0.2%
Q2 2020

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