vs
Side-by-side financial comparison of Cipher Mining Inc. (CIFR) and MAGNACHIP SEMICONDUCTOR Corp (MX). Click either name above to swap in a different company.
Cipher Mining Inc. is the larger business by last-quarter revenue ($59.7M vs $40.6M, roughly 1.5× MAGNACHIP SEMICONDUCTOR Corp). MAGNACHIP SEMICONDUCTOR Corp runs the higher net margin — -19.9% vs -1229.6%, a 1209.7% gap on every dollar of revenue. On growth, Cipher Mining Inc. posted the faster year-over-year revenue change (41.4% vs -20.7%). MAGNACHIP SEMICONDUCTOR Corp produced more free cash flow last quarter ($-4.8M vs $-695.9M). Over the past eight quarters, Cipher Mining Inc.'s revenue compounded faster (11.4% CAGR vs -3.4%).
Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The firm is developing a cryptocurrency business.
Magnachip Semiconductor Corp is a global semiconductor design and manufacturing firm specializing in high-performance analog and mixed-signal solutions. Its core products include display driver ICs, power management ICs and sensors, serving consumer electronics, automotive, industrial and communications markets worldwide.
CIFR vs MX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $59.7M | $40.6M |
| Net Profit | $-734.2M | $-8.1M |
| Gross Margin | 59.4% | 9.3% |
| Operating Margin | -503.4% | -26.1% |
| Net Margin | -1229.6% | -19.9% |
| Revenue YoY | 41.4% | -20.7% |
| Net Profit YoY | -4293.1% | 50.4% |
| EPS (diluted) | $-1.91 | $-0.23 |
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 | $59.7M | $40.6M | ||
| Q3 25 | $71.7M | $45.9M | ||
| Q2 25 | $43.6M | $47.6M | ||
| Q1 25 | $49.0M | $44.7M | ||
| Q4 24 | $42.2M | $51.2M | ||
| Q3 24 | $24.1M | $55.4M | ||
| Q2 24 | $36.8M | $46.4M | ||
| Q1 24 | $48.1M | $43.4M |
| Q4 25 | $-734.2M | $-8.1M | ||
| Q3 25 | $-3.3M | $-13.1M | ||
| Q2 25 | $-45.8M | $323.0K | ||
| Q1 25 | $-39.0M | $-8.9M | ||
| Q4 24 | $17.5M | $-16.3M | ||
| Q3 24 | $-86.8M | $-9.6M | ||
| Q2 24 | $-15.3M | $-13.0M | ||
| Q1 24 | $39.9M | $-15.4M |
| Q4 25 | 59.4% | 9.3% | ||
| Q3 25 | 62.7% | 18.6% | ||
| Q2 25 | 64.8% | 20.4% | ||
| Q1 25 | 69.6% | 20.9% | ||
| Q4 24 | 56.9% | 21.7% | ||
| Q3 24 | 37.5% | 20.8% | ||
| Q2 24 | 61.2% | 21.1% | ||
| Q1 24 | 69.2% | 14.6% |
| Q4 25 | -503.4% | -26.1% | ||
| Q3 25 | -52.5% | -25.1% | ||
| Q2 25 | -103.9% | -15.6% | ||
| Q1 25 | -77.8% | -14.1% | ||
| Q4 24 | 40.5% | -12.5% | ||
| Q3 24 | -379.2% | -8.1% | ||
| Q2 24 | -43.9% | -12.3% | ||
| Q1 24 | 97.2% | -21.6% |
| Q4 25 | -1229.6% | -19.9% | ||
| Q3 25 | -4.6% | -28.5% | ||
| Q2 25 | -105.1% | 0.7% | ||
| Q1 25 | -79.6% | -19.9% | ||
| Q4 24 | 41.5% | -31.8% | ||
| Q3 24 | -359.9% | -17.3% | ||
| Q2 24 | -41.5% | -28.0% | ||
| Q1 24 | 82.9% | -35.5% |
| Q4 25 | $-1.91 | $-0.23 | ||
| Q3 25 | $-0.01 | $-0.36 | ||
| Q2 25 | $-0.12 | $0.01 | ||
| Q1 25 | $-0.11 | $-0.24 | ||
| Q4 24 | $0.04 | $-0.44 | ||
| Q3 24 | $-0.26 | $-0.26 | ||
| Q2 24 | $-0.05 | $-0.34 | ||
| Q1 24 | $0.13 | $-0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $628.3M | $103.8M |
| Total DebtLower is stronger | $2.7B | — |
| Stockholders' EquityBook value | $805.5M | $248.3M |
| Total Assets | $4.3B | $351.5M |
| Debt / EquityLower = less leverage | 3.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $628.3M | $103.8M | ||
| Q3 25 | $1.2B | $108.0M | ||
| Q2 25 | $62.7M | $113.3M | ||
| Q1 25 | $23.2M | $132.7M | ||
| Q4 24 | $5.6M | $138.6M | ||
| Q3 24 | $25.3M | $151.1M | ||
| Q2 24 | $122.6M | $162.5M | ||
| Q1 24 | $88.7M | $171.6M |
| Q4 25 | $2.7B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $167.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $805.5M | $248.3M | ||
| Q3 25 | $783.2M | $255.3M | ||
| Q2 25 | $748.9M | $270.2M | ||
| Q1 25 | $734.8M | $269.2M | ||
| Q4 24 | $682.0M | $276.8M | ||
| Q3 24 | $672.0M | $299.6M | ||
| Q2 24 | $690.8M | $305.8M | ||
| Q1 24 | $600.9M | $321.9M |
| Q4 25 | $4.3B | $351.5M | ||
| Q3 25 | $2.8B | $359.6M | ||
| Q2 25 | $1.0B | $370.5M | ||
| Q1 25 | $913.8M | $373.9M | ||
| Q4 24 | $855.4M | $379.3M | ||
| Q3 24 | $775.4M | $411.4M | ||
| Q2 24 | $775.6M | $412.7M | ||
| Q1 24 | $677.1M | $426.2M |
| Q4 25 | 3.37× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-207.9M | $5.4M |
| Free Cash FlowOCF − Capex | $-695.9M | $-4.8M |
| FCF MarginFCF / Revenue | -1165.4% | -11.9% |
| Capex IntensityCapex / Revenue | 817.1% | 25.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.1B | $-54.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-207.9M | $5.4M | ||
| Q3 25 | $-50.1M | $162.0K | ||
| Q2 25 | $-56.2M | $-25.1M | ||
| Q1 25 | $-47.2M | $-4.7M | ||
| Q4 24 | $-87.5M | $11.9M | ||
| Q3 24 | $-6.5M | $-12.9M | ||
| Q2 24 | $-25.4M | $-1.1M | ||
| Q1 24 | $-26.6M | $-4.0M |
| Q4 25 | $-695.9M | $-4.8M | ||
| Q3 25 | $-256.2M | $-7.5M | ||
| Q2 25 | $-87.5M | $-37.0M | ||
| Q1 25 | $-71.8M | $-4.9M | ||
| Q4 24 | $-227.0M | $4.4M | ||
| Q3 24 | $-83.2M | $-15.5M | ||
| Q2 24 | $-33.2M | $-2.0M | ||
| Q1 24 | $-34.5M | $-4.6M |
| Q4 25 | -1165.4% | -11.9% | ||
| Q3 25 | -357.3% | -16.3% | ||
| Q2 25 | -200.9% | -77.7% | ||
| Q1 25 | -146.7% | -10.9% | ||
| Q4 24 | -537.6% | 8.7% | ||
| Q3 24 | -345.0% | -28.0% | ||
| Q2 24 | -90.2% | -4.3% | ||
| Q1 24 | -71.7% | -10.7% |
| Q4 25 | 817.1% | 25.3% | ||
| Q3 25 | 287.5% | 16.7% | ||
| Q2 25 | 71.8% | 24.9% | ||
| Q1 25 | 50.2% | 0.5% | ||
| Q4 24 | 330.4% | 14.5% | ||
| Q3 24 | 317.8% | 4.7% | ||
| Q2 24 | 21.4% | 1.9% | ||
| Q1 24 | 16.4% | 1.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -77.81× | ||
| Q1 25 | — | — | ||
| Q4 24 | -5.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.67× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CIFR
Segment breakdown not available.
MX
| Power Analog Solutions | $36.8M | 91% |
| Power Ic | $3.8M | 9% |
