vs
Side-by-side financial comparison of Allstate (ALL) and Cipher Mining Inc. (CIFR). Click either name above to swap in a different company.
Allstate is the larger business by last-quarter revenue ($17.3B vs $59.7M, roughly 290.5× Cipher Mining Inc.). Allstate runs the higher net margin — 22.1% vs -1229.6%, a 1251.7% gap on every dollar of revenue. On growth, Cipher Mining Inc. posted the faster year-over-year revenue change (41.4% vs 5.1%). Allstate produced more free cash flow last quarter ($2.9B vs $-695.9M). Over the past eight quarters, Cipher Mining Inc.'s revenue compounded faster (11.4% CAGR vs 6.6%).
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...
Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The firm is developing a cryptocurrency business.
ALL vs CIFR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $17.3B | $59.7M |
| Net Profit | $3.8B | $-734.2M |
| Gross Margin | — | 59.4% |
| Operating Margin | — | -503.4% |
| Net Margin | 22.1% | -1229.6% |
| Revenue YoY | 5.1% | 41.4% |
| Net Profit YoY | 98.8% | -4293.1% |
| EPS (diluted) | $14.24 | $-1.91 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $17.3B | $59.7M | ||
| Q3 25 | $17.3B | $71.7M | ||
| Q2 25 | $16.6B | $43.6M | ||
| Q1 25 | $16.5B | $49.0M | ||
| Q4 24 | $16.5B | $42.2M | ||
| Q3 24 | $16.6B | $24.1M | ||
| Q2 24 | $15.7B | $36.8M | ||
| Q1 24 | $15.3B | $48.1M |
| Q4 25 | $3.8B | $-734.2M | ||
| Q3 25 | $3.7B | $-3.3M | ||
| Q2 25 | $2.1B | $-45.8M | ||
| Q1 25 | $595.0M | $-39.0M | ||
| Q4 24 | $1.9B | $17.5M | ||
| Q3 24 | $1.2B | $-86.8M | ||
| Q2 24 | $331.0M | $-15.3M | ||
| Q1 24 | $1.2B | $39.9M |
| Q4 25 | — | 59.4% | ||
| Q3 25 | — | 62.7% | ||
| Q2 25 | — | 64.8% | ||
| Q1 25 | — | 69.6% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 37.5% | ||
| Q2 24 | — | 61.2% | ||
| Q1 24 | — | 69.2% |
| Q4 25 | — | -503.4% | ||
| Q3 25 | — | -52.5% | ||
| Q2 25 | — | -103.9% | ||
| Q1 25 | — | -77.8% | ||
| Q4 24 | — | 40.5% | ||
| Q3 24 | — | -379.2% | ||
| Q2 24 | — | -43.9% | ||
| Q1 24 | — | 97.2% |
| Q4 25 | 22.1% | -1229.6% | ||
| Q3 25 | 21.7% | -4.6% | ||
| Q2 25 | 12.7% | -105.1% | ||
| Q1 25 | 3.6% | -79.6% | ||
| Q4 24 | 11.7% | 41.5% | ||
| Q3 24 | 7.2% | -359.9% | ||
| Q2 24 | 2.1% | -41.5% | ||
| Q1 24 | 8.0% | 82.9% |
| Q4 25 | $14.24 | $-1.91 | ||
| Q3 25 | $13.95 | $-0.01 | ||
| Q2 25 | $7.76 | $-0.12 | ||
| Q1 25 | $2.11 | $-0.11 | ||
| Q4 24 | $7.07 | $0.04 | ||
| Q3 24 | $4.33 | $-0.26 | ||
| Q2 24 | $1.13 | $-0.05 | ||
| Q1 24 | $4.46 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9B | $628.3M |
| Total DebtLower is stronger | $7.5B | $2.7B |
| Stockholders' EquityBook value | $30.6B | $805.5M |
| Total Assets | $119.8B | $4.3B |
| Debt / EquityLower = less leverage | 0.24× | 3.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9B | $628.3M | ||
| Q3 25 | $8.7B | $1.2B | ||
| Q2 25 | $9.6B | $62.7M | ||
| Q1 25 | $6.5B | $23.2M | ||
| Q4 24 | $4.5B | $5.6M | ||
| Q3 24 | $7.0B | $25.3M | ||
| Q2 24 | $5.3B | $122.6M | ||
| Q1 24 | $4.3B | $88.7M |
| Q4 25 | $7.5B | $2.7B | ||
| Q3 25 | $8.1B | $1.0B | ||
| Q2 25 | $8.1B | $167.1M | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | $0 | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | — | ||
| Q1 24 | $7.9B | — |
| Q4 25 | $30.6B | $805.5M | ||
| Q3 25 | $27.5B | $783.2M | ||
| Q2 25 | $24.0B | $748.9M | ||
| Q1 25 | $22.1B | $734.8M | ||
| Q4 24 | $21.4B | $682.0M | ||
| Q3 24 | $20.9B | $672.0M | ||
| Q2 24 | $18.6B | $690.8M | ||
| Q1 24 | $18.6B | $600.9M |
| Q4 25 | $119.8B | $4.3B | ||
| Q3 25 | $120.4B | $2.8B | ||
| Q2 25 | $115.9B | $1.0B | ||
| Q1 25 | $115.2B | $913.8M | ||
| Q4 24 | $111.6B | $855.4M | ||
| Q3 24 | $113.7B | $775.4M | ||
| Q2 24 | $108.4B | $775.6M | ||
| Q1 24 | $105.2B | $677.1M |
| Q4 25 | 0.24× | 3.37× | ||
| Q3 25 | 0.29× | 1.31× | ||
| Q2 25 | 0.34× | 0.22× | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.38× | 0.00× | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 0.43× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | $-207.9M |
| Free Cash FlowOCF − Capex | $2.9B | $-695.9M |
| FCF MarginFCF / Revenue | 16.7% | -1165.4% |
| Capex IntensityCapex / Revenue | 0.5% | 817.1% |
| Cash ConversionOCF / Net Profit | 0.78× | — |
| TTM Free Cash FlowTrailing 4 quarters | $9.9B | $-1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $-207.9M | ||
| Q3 25 | $3.3B | $-50.1M | ||
| Q2 25 | $1.9B | $-56.2M | ||
| Q1 25 | $2.0B | $-47.2M | ||
| Q4 24 | $1.7B | $-87.5M | ||
| Q3 24 | $3.2B | $-6.5M | ||
| Q2 24 | $2.4B | $-25.4M | ||
| Q1 24 | $1.7B | $-26.6M |
| Q4 25 | $2.9B | $-695.9M | ||
| Q3 25 | $3.2B | $-256.2M | ||
| Q2 25 | $1.9B | $-87.5M | ||
| Q1 25 | $1.9B | $-71.8M | ||
| Q4 24 | $1.7B | $-227.0M | ||
| Q3 24 | $3.1B | $-83.2M | ||
| Q2 24 | $2.3B | $-33.2M | ||
| Q1 24 | $1.6B | $-34.5M |
| Q4 25 | 16.7% | -1165.4% | ||
| Q3 25 | 18.8% | -357.3% | ||
| Q2 25 | 11.3% | -200.9% | ||
| Q1 25 | 11.4% | -146.7% | ||
| Q4 24 | 10.0% | -537.6% | ||
| Q3 24 | 18.9% | -345.0% | ||
| Q2 24 | 14.7% | -90.2% | ||
| Q1 24 | 10.6% | -71.7% |
| Q4 25 | 0.5% | 817.1% | ||
| Q3 25 | 0.3% | 287.5% | ||
| Q2 25 | 0.0% | 71.8% | ||
| Q1 25 | 0.6% | 50.2% | ||
| Q4 24 | 0.3% | 330.4% | ||
| Q3 24 | 0.4% | 317.8% | ||
| Q2 24 | 0.4% | 21.4% | ||
| Q1 24 | 0.3% | 16.4% |
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 3.30× | — | ||
| Q4 24 | 0.88× | -5.00× | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 7.13× | — | ||
| Q1 24 | 1.37× | -0.67× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.