earnings
confidence high
sentiment neutral
materiality 0.90
Cipher Digital Reports Q1 2026 Results, Signs Third Hyperscale Lease, Secures $200M Credit Facility
Cipher Digital Inc.
2026-Q1 EPS reported
-$0.28
revenue$34,838,000
- Q1 2026 revenue of $35 million and Adjusted EBITDA of negative $48 million.
- Signed third data center campus lease with an investment-grade hyperscale tenant.
- Secured $200 million revolving credit facility from a syndicate of leading global financial institutions.
- Barber Lake data center building topped out in April; project remains on schedule.
- Black Pearl Phase I retrofitting progressing; Phase II layout and site work began in April.