CIFR (Cipher Digital) Pre-Tax Income: $-1,122.9 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CIFR Cipher Digital Inc CIFR
38 GF Score
Price $17.75
GF Value $5.77
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Cipher Digital Pre-Tax Income?

Cipher Digital CIFR +2.13% 38 Pre-Tax Income is $-1,122.9 Mil as of Jun. 2026. GuruFocus rates CIFR with a GF Score™ of 38/100 and a GF Value™ of $5.77 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Cipher Digital's pretax income for the three months ended in Jun. 2026 was $-267.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-1,122.9 Mil. Cipher Digital's pretax margin was -1,075.66%.

During the past 5 years, Cipher Digital's highest Pretax Margin was -17.51%. The lowest was -1225.32%. And the median was -198.98%.


Cipher Digital  (NAS:CIFR) Pre-Tax Income Explanation

Cipher Digital's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-267.162/24.837
=-1,075.66%

During the past 5 years, Cipher Digital's highest Pretax Margin was -17.51%. The lowest was -1225.32%. And the median was -198.98%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cipher Digital Pre-Tax Income Related Terms


Cipher Digital Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Cipher Digital's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cipher Digital Pre-Tax Income Chart

Cipher Digital Annual Data
Trend Jan21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
0.00 -37.21 -22.21 -44.32 -825.56

Cipher Digital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.86 -3.59 -738.28 -113.91 -267.16

CIFR vs G, INGM, EPAM: Pre-Tax Income Comparison

For the Information Technology Services subindustry, Cipher Digital's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cipher Digital Pre-Tax Income vs Software Industry

For the Software industry and Technology sector, Cipher Digital's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Cipher Digital's Pre-Tax Income falls into.


CIFR
38GF Score
Cipher Digital Inc CIFR
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cipher Digital Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Cipher Digital's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-337.404+-471.073+-36.559+19.479+-1.1368683772162E-13
=-825.6

Cipher Digital's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-66.028+-170.259+-66.736+35.861+5.6843418860808E-14
=-267.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,122.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-1,122.9 Mil mean?
Cipher Digital (CIFR) has a Pre-Tax Income of $-1,122.9 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Cipher Digital and its competitors.
Is Cipher Digital's Pre-Tax Income too high?
Cipher Digital's current Pre-Tax Income is $-1,122.9 Mil. Overall, Cipher Digital has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cipher Digital's Pre-Tax Income compare to G and INGM?
Cipher Digital's Pre-Tax Income of $-1,122.9 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Software company?
A good Pre-Tax Income depends on the Software industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Cipher Digital and its competitors. Cipher Digital's current Pre-Tax Income is $-1,122.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipher Digital stock overvalued right now?
Based on GuruFocus' analysis, Cipher Digital (CIFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.77, compared to a current price of $17.75 — trading 207.6% above its estimated fair value. The current Pre-Tax Income is $-1,122.9 Mil. Cipher Digital's overall GF Score™ is 38/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Cipher Digital (CIFR), the current Pre-Tax Income is $-1,122.9 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cipher Digital (CIFR) Overvalued in 2026?

Based on GuruFocus' analysis, Cipher Digital stock appears to be overvalued. The current stock price of $17.75 is trading 207.6% above its estimated GF Value™ of $5.77. GuruFocus considers Cipher Digital to be Significantly Overvalued.

Key valuation signals for CIFR:

  • Pre-Tax Income: $-1,122.9 Mil
  • GF Value™: $5.77 vs. price of $17.75 (207.6% above fair value)
  • GF Score™: 38/100 with 7 warning signs

No single metric tells the full story. See the CIFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cipher Digital Business Description

Address 1 Vanderbilt Avenue, Floor 54, New York, NY, USA, 10017
Cipher Digital Inc is focused on high-performance computing (HPC) data center development and operations. It is engaged in developing and operating data centers designed for HPC workloads. Its operations include managing power assets and capital allocation in response to market conditions and demand for AI-related computing capacity.
38GF Score

Get the complete analysis for CIFR

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.75
Price
$5.77
GF Value