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Coinbase logo
Coinbase
Cipher Mining logo
Cipher Mining

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Coinbase 1.22, Cipher Mining 0.025.

Coinbase vs Cipher Mining: Revenue Comparison

Coinbase (COIN) and Cipher Mining (CIFR) are peers in Crypto. Coinbase reported revenue of $1.2B as of Q2 2026, compared with $25M for Cipher Mining. Coinbase leads on revenue.

Coinbase's gross margin is 84.4% versus -209.1% for Cipher Mining. Coinbase's net margin is -29.5% versus -1077.1% for Cipher Mining.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, Coinbase, Cipher Mining.
MetricCoinbaseCipher Mining
Market Cap--
Revenue$1.22B$25.00M
Cost of Revenue$190.00M$77.00M
Gross Profit$1.03B$-52.00M
Operating Income$-73.00M$0
Net Income$-359.00M$-268.00M
R&D Expense$473.00M$0
Earnings Per Share-$1.36-$0.65
Gross Margin84.4%-209.1%
Operating Margin-6.0%0.4%
Net Profit Margin-29.5%-1077.1%
Free Cash Flow$197.00M$-654.00M
Cumulative Free Cash Flow$22.06B$-2.15B
Operating Cash Flow$197.00M$-244.00M
Cash & Equivalents$8.89B$4.02B
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