Income Statement (TTM)
Cipher Mining Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 25 | 56 | 86 | 127 | 153 | 159 | 152 | 151 | 152 | 159 |
| Change (%) | 720.94 | 125.24 | 53.96 | 46.71 | 20.69 | 3.65 | -3.91 | -0.78 | 0.54 | 4.44 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 1 | 21 | 49 | 51 | 108 | 115 | 118 | 57 | 123 | 125 | 125 |
| Change (%) | 2,684.22 | 137.02 | 2.82 | 112.22 | 7.22 | 1.76 | -51.79 | 117.37 | 1.09 | 0.34 | |
| % of Revenue | 24.63 | 83.53 | 87.90 | 58.70 | 84.92 | 75.44 | 74.06 | 37.16 | 81.42 | 81.86 | 78.64 |
| Gross Operating Profit | 2 | 4 | 7 | 36 | 19 | 38 | 41 | 96 | 28 | 28 | 34 |
| Change (%) | 79.38 | 65.47 | 425.55 | -46.41 | 96.50 | 9.45 | 132.81 | -70.66 | -1.85 | 22.96 | |
| % of Revenue | 75.37 | 16.47 | 12.10 | 41.30 | 15.08 | 24.56 | 25.94 | 62.84 | 18.58 | 18.14 | 21.36 |
| SG&A | 71 | 59 | 51 | 69 | 28 | 28 | 28 | 91 | 33 | 36 | 36 |
| Change (%) | -16.81 | -13.64 | 34.90 | -59.51 | 2.14 | -1.06 | 223.12 | -64.02 | 8.80 | 2.01 | |
| % of Revenue | 2,332.43 | 236.36 | 90.63 | 79.40 | 21.91 | 18.55 | 17.70 | 59.53 | 21.59 | 23.36 | 22.82 |
| R&D | |||||||||||
| Change (%) | |||||||||||
| % of Revenue | |||||||||||
| OpEx | 77 | 93 | 126 | 163 | 184 | 161 | 186 | 200 | 192 | 271 | 269 |
| Change (%) | 20.09 | 36.04 | 29.17 | 12.36 | -12.17 | 15.34 | 7.69 | -4.09 | 41.12 | -0.74 | |
| % of Revenue | 2,549.32 | 372.91 | 225.23 | 188.96 | 144.71 | 105.32 | 117.20 | 131.35 | 126.97 | 178.21 | 169.37 |
| Operating Income | -74 | -68 | -70 | -77 | -57 | -8 | -27 | -48 | -41 | -119 | -110 |
| Change (%) | -8.53 | 3.36 | 9.37 | -26.26 | -85.64 | 235.17 | 75.10 | -14.64 | 191.56 | -7.37 | |
| % of Revenue | -2,449.32 | -272.91 | -125.23 | -88.96 | -44.71 | -5.32 | -17.20 | -31.35 | -26.97 | -78.21 | -69.37 |
| Interest Expense | -0 | -1 | -1 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -3 |
| Change (%) | 292.70 | 90.15 | 61.29 | 21.15 | -0.05 | -5.66 | -14.91 | 6.48 | 22.07 | 36.69 | |
| % of Revenue | -4.51 | -2.16 | -1.82 | -1.91 | -1.58 | -1.31 | -1.19 | -1.05 | -1.13 | -1.37 | -1.79 |
| Net Income | -39 | -26 | -10 | -88 | -26 | 19 | 17 | -52 | -45 | -124 | -154 |
| Change (%) | -33.15 | -61.37 | 772.49 | -70.71 | -172.45 | -11.21 | -410.86 | -13.41 | 176.71 | 24.69 | |
| % of Revenue | -1,285.91 | -104.71 | -17.96 | -101.78 | -20.32 | 12.20 | 10.45 | -33.81 | -29.51 | -81.21 | -96.95 |
Source: Capital IQ
