Cipher reports third quarter 2026 results and business update
Revenue is $27 million and Adjusted EBITDA negative $10 million; it recognized first HPC lease revenue and expanded Barber Lake contracted revenue to $9.1 billion.
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Developer and operator of industrial-scale data centers
cipherdigital.comLast updated
In short: Cipher Digital reported first HPC lease revenue and expanded Barber Lake contracted revenue to $9.1 billion.
Revenue is $27 million and Adjusted EBITDA negative $10 million; it recognized first HPC lease revenue and expanded Barber Lake contracted revenue to $9.1 billion.
The company plans to use proceeds for the Barber Lake project, HPC strategy, site expansion, and corporate purposes, while exchanging existing 2030 notes.
The agreement involves a binding commitment with an AI lab and establishes phased deliveries through Q1 2027.
The company also acquired an option for a 900 MW site near San Antonio, completed bond financing for Stingray, and reported Q2 revenue of $25 million.
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Cipher Digital Inc. (NASDAQ: CIFR), a data center developer and operator, reported third-quarter 2026 revenue of approximately $27 million and an Adjusted EBITDA loss of...
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