Cipher Digital Q2 FY26 net loss widens to $267.53 million; revenue falls to $24.84 million - CIFR News | RalliesCipher Digital Q2 FY26 net loss widens to $267.53 million; revenue falls to $24.84 million
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CIFR• Quarterly results
- Cipher Digital posted Q2 2026 revenue of $25 million; net loss widened to $267.53 million from $45.78 million a year earlier.
- Operating loss widened to $78.54 million from $45.24 million; GAAP loss per share deepened to $0.65 from $0.12.
- Non-GAAP adjusted EBITDA swung to a loss of $29.99 million from a profit of $32.34 million.
Data center progress
- Black Pearl began delivering initial data center capacity in early August, two months ahead of schedule, with rent commencing.
Site and financing updates
- Secured an option on the Apollo site near San Antonio for up to 900 MW; completed a bond offering to fully fund Stingray, reimbursing $56.7 million.
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