vs

Side-by-side financial comparison of Cipher Mining Inc. (CIFR) and SILICOM LTD. (SILC). Click either name above to swap in a different company.

SILICOM LTD. is the larger business by last-quarter revenue ($61.9M vs $59.7M, roughly 1.0× Cipher Mining Inc.). SILICOM LTD. runs the higher net margin — -18.5% vs -1229.6%, a 1211.1% gap on every dollar of revenue. On growth, Cipher Mining Inc. posted the faster year-over-year revenue change (41.4% vs 6.6%). SILICOM LTD. produced more free cash flow last quarter ($-3.3M vs $-695.9M).

Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The firm is developing a cryptocurrency business.

Silicom Ltd. is a publicly traded company, headquartered in Israel, that specializes in the design, manufacture and marketing of connectivity solutions for a range of servers and server-based systems. Its shares are listed on the NASDAQ Global Market and on the Tel Aviv Stock Exchange. Silicom is a member of the RAD Group family of companies.

CIFR vs SILC — Head-to-Head

Bigger by revenue
SILC
SILC
1.0× larger
SILC
$61.9M
$59.7M
CIFR
Growing faster (revenue YoY)
CIFR
CIFR
+34.9% gap
CIFR
41.4%
6.6%
SILC
Higher net margin
SILC
SILC
1211.1% more per $
SILC
-18.5%
-1229.6%
CIFR
More free cash flow
SILC
SILC
$692.5M more FCF
SILC
$-3.3M
$-695.9M
CIFR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CIFR
CIFR
SILC
SILC
Revenue
$59.7M
$61.9M
Net Profit
$-734.2M
$-11.5M
Gross Margin
59.4%
30.6%
Operating Margin
-503.4%
-19.8%
Net Margin
-1229.6%
-18.5%
Revenue YoY
41.4%
6.6%
Net Profit YoY
-4293.1%
16.3%
EPS (diluted)
$-1.91
$-2.01

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.

Revenue
CIFR
CIFR
SILC
SILC
Q4 25
$59.7M
$61.9M
Q3 25
$71.7M
Q2 25
$43.6M
Q1 25
$49.0M
Q4 24
$42.2M
$58.1M
Q3 24
$24.1M
Q2 24
$36.8M
Q1 24
$48.1M
Net Profit
CIFR
CIFR
SILC
SILC
Q4 25
$-734.2M
$-11.5M
Q3 25
$-3.3M
Q2 25
$-45.8M
Q1 25
$-39.0M
Q4 24
$17.5M
$-13.7M
Q3 24
$-86.8M
Q2 24
$-15.3M
Q1 24
$39.9M
Gross Margin
CIFR
CIFR
SILC
SILC
Q4 25
59.4%
30.6%
Q3 25
62.7%
Q2 25
64.8%
Q1 25
69.6%
Q4 24
56.9%
28.6%
Q3 24
37.5%
Q2 24
61.2%
Q1 24
69.2%
Operating Margin
CIFR
CIFR
SILC
SILC
Q4 25
-503.4%
-19.8%
Q3 25
-52.5%
Q2 25
-103.9%
Q1 25
-77.8%
Q4 24
40.5%
-22.8%
Q3 24
-379.2%
Q2 24
-43.9%
Q1 24
97.2%
Net Margin
CIFR
CIFR
SILC
SILC
Q4 25
-1229.6%
-18.5%
Q3 25
-4.6%
Q2 25
-105.1%
Q1 25
-79.6%
Q4 24
41.5%
-23.6%
Q3 24
-359.9%
Q2 24
-41.5%
Q1 24
82.9%
EPS (diluted)
CIFR
CIFR
SILC
SILC
Q4 25
$-1.91
$-2.01
Q3 25
$-0.01
Q2 25
$-0.12
Q1 25
$-0.11
Q4 24
$0.04
$-2.28
Q3 24
$-0.26
Q2 24
$-0.05
Q1 24
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIFR
CIFR
SILC
SILC
Cash + ST InvestmentsLiquidity on hand
$628.3M
$42.1M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$805.5M
$117.5M
Total Assets
$4.3B
$152.2M
Debt / EquityLower = less leverage
3.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIFR
CIFR
SILC
SILC
Q4 25
$628.3M
$42.1M
Q3 25
$1.2B
Q2 25
$62.7M
Q1 25
$23.2M
Q4 24
$5.6M
$72.1M
Q3 24
$25.3M
Q2 24
$122.6M
Q1 24
$88.7M
Total Debt
CIFR
CIFR
SILC
SILC
Q4 25
$2.7B
Q3 25
$1.0B
Q2 25
$167.1M
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CIFR
CIFR
SILC
SILC
Q4 25
$805.5M
$117.5M
Q3 25
$783.2M
Q2 25
$748.9M
Q1 25
$734.8M
Q4 24
$682.0M
$127.8M
Q3 24
$672.0M
Q2 24
$690.8M
Q1 24
$600.9M
Total Assets
CIFR
CIFR
SILC
SILC
Q4 25
$4.3B
$152.2M
Q3 25
$2.8B
Q2 25
$1.0B
Q1 25
$913.8M
Q4 24
$855.4M
$150.4M
Q3 24
$775.4M
Q2 24
$775.6M
Q1 24
$677.1M
Debt / Equity
CIFR
CIFR
SILC
SILC
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
CIFR
CIFR
SILC
SILC
Operating Cash FlowLast quarter
$-207.9M
$-2.2M
Free Cash FlowOCF − Capex
$-695.9M
$-3.3M
FCF MarginFCF / Revenue
-1165.4%
-5.4%
Capex IntensityCapex / Revenue
817.1%
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIFR
CIFR
SILC
SILC
Q4 25
$-207.9M
$-2.2M
Q3 25
$-50.1M
Q2 25
$-56.2M
Q1 25
$-47.2M
Q4 24
$-87.5M
$18.3M
Q3 24
$-6.5M
Q2 24
$-25.4M
Q1 24
$-26.6M
Free Cash Flow
CIFR
CIFR
SILC
SILC
Q4 25
$-695.9M
$-3.3M
Q3 25
$-256.2M
Q2 25
$-87.5M
Q1 25
$-71.8M
Q4 24
$-227.0M
$17.4M
Q3 24
$-83.2M
Q2 24
$-33.2M
Q1 24
$-34.5M
FCF Margin
CIFR
CIFR
SILC
SILC
Q4 25
-1165.4%
-5.4%
Q3 25
-357.3%
Q2 25
-200.9%
Q1 25
-146.7%
Q4 24
-537.6%
29.9%
Q3 24
-345.0%
Q2 24
-90.2%
Q1 24
-71.7%
Capex Intensity
CIFR
CIFR
SILC
SILC
Q4 25
817.1%
1.9%
Q3 25
287.5%
Q2 25
71.8%
Q1 25
50.2%
Q4 24
330.4%
1.6%
Q3 24
317.8%
Q2 24
21.4%
Q1 24
16.4%
Cash Conversion
CIFR
CIFR
SILC
SILC
Q4 25
Q3 25
Q2 25
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.

Related Comparisons