Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Strategy 0.122, Cipher Mining 0.025.
Strategy vs Cipher Mining: Revenue Comparison
Strategy (MSTR) and Cipher Mining (CIFR) are peers in Crypto. Strategy reported revenue of $122M as of Q2 2026, compared with $25M for Cipher Mining. Strategy leads on revenue.
Strategy's gross margin is 66.6% versus -209.1% for Cipher Mining. Strategy's net margin is -6717.1% versus -1077.1% for Cipher Mining.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Strategy, Cipher Mining.| Metric | Strategy | Cipher Mining |
|---|---|---|
| Market Cap | - | - |
| Revenue | $122.00M | $25.00M |
| Cost of Revenue | $41.00M | $77.00M |
| Gross Profit | $82.00M | $-52.00M |
| Operating Income | $-8.33B | $0 |
| Net Income | $-8.22B | $-268.00M |
| R&D Expense | $23.00M | $0 |
| Earnings Per Share | -$24.07 | -$0.65 |
| Gross Margin | 66.6% | -209.1% |
| Operating Margin | -6808.1% | 0.4% |
| Net Profit Margin | -6717.1% | -1077.1% |
| Free Cash Flow | $13.00M | $-654.00M |
| Cumulative Free Cash Flow | $-30.27B | $-2.15B |
| Operating Cash Flow | $14.00M | $-244.00M |
| Cash & Equivalents | $1.71B | $4.02B |