Strategic Transformation to HPC Data Centers
Management emphasizes the evolution from a pure-play bitcoin miner to a vertically integrated HPC data center developer, with a portfolio of 5.3 GW across 11 sites and three executed HPC leases.
Cipher Digital Inc. is expected to release its Q3 2026 10-Q filing on November 2, 2026. Last quarter: Cipher Digital reported a $267.5 million net loss in Q2 FY2026, driven by non-cash warrant liability revaluation, while accelerating its transformation into an HPC data center developer with expanded project pipeline and billions in financing.
EPS Estimate
$-0.21
Revenue Estimate
$37.19M
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the CIFR page.
Drawn from management commentary in the Q2 2026 10-Q:
Management emphasizes the evolution from a pure-play bitcoin miner to a vertically integrated HPC data center developer, with a portfolio of 5.3 GW across 11 sites and three executed HPC leases.
The company entered an option agreement to acquire a 900 MW site in Texas and amended the Black Pearl lease to accelerate first capacity delivery to July 31, 2026.
Compensation and benefits rose to $42.4 million from $15.7 million, driven by stock-based compensation related to new awards granted in the current year.
Revenue
$24.84M
-42.99% YoY
EPS (Diluted)
-$0.65
-441.67% YoY
Operating Income
-$78.54M
-73.59% YoY
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