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Side-by-side financial comparison of Cipher Mining Inc. (CIFR) and SYNCHRONOSS TECHNOLOGIES INC (SNCR). Click either name above to swap in a different company.

Cipher Mining Inc. is the larger business by last-quarter revenue ($59.7M vs $42.0M, roughly 1.4× SYNCHRONOSS TECHNOLOGIES INC). SYNCHRONOSS TECHNOLOGIES INC runs the higher net margin — 13.8% vs -1229.6%, a 1243.4% gap on every dollar of revenue. On growth, Cipher Mining Inc. posted the faster year-over-year revenue change (41.4% vs -2.2%). SYNCHRONOSS TECHNOLOGIES INC produced more free cash flow last quarter ($39.0M vs $-695.9M). Over the past eight quarters, Cipher Mining Inc.'s revenue compounded faster (11.4% CAGR vs 0.7%).

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

Synchronoss Technologies Inc develops cloud-based digital transformation, subscriber management and messaging solutions for global telecom operators and enterprise clients. Its core offerings support connectivity onboarding, IoT service enablement, with key markets spanning North America, Europe and Asia-Pacific.

CIFR vs SNCR — Head-to-Head

Bigger by revenue
CIFR
CIFR
1.4× larger
CIFR
$59.7M
$42.0M
SNCR
Growing faster (revenue YoY)
CIFR
CIFR
+43.7% gap
CIFR
41.4%
-2.2%
SNCR
Higher net margin
SNCR
SNCR
1243.4% more per $
SNCR
13.8%
-1229.6%
CIFR
More free cash flow
SNCR
SNCR
$734.9M more FCF
SNCR
$39.0M
$-695.9M
CIFR
Faster 2-yr revenue CAGR
CIFR
CIFR
Annualised
CIFR
11.4%
0.7%
SNCR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CIFR
CIFR
SNCR
SNCR
Revenue
$59.7M
$42.0M
Net Profit
$-734.2M
$5.8M
Gross Margin
59.4%
79.4%
Operating Margin
-503.4%
14.0%
Net Margin
-1229.6%
13.8%
Revenue YoY
41.4%
-2.2%
Net Profit YoY
-4293.1%
201.7%
EPS (diluted)
$-1.91
$0.51

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
SNCR
SNCR
Q4 25
$59.7M
Q3 25
$71.7M
$42.0M
Q2 25
$43.6M
$42.5M
Q1 25
$49.0M
$42.2M
Q4 24
$42.2M
$44.2M
Q3 24
$24.1M
$43.0M
Q2 24
$36.8M
$43.5M
Q1 24
$48.1M
$43.0M
Net Profit
CIFR
CIFR
SNCR
SNCR
Q4 25
$-734.2M
Q3 25
$-3.3M
$5.8M
Q2 25
$-45.8M
$-19.6M
Q1 25
$-39.0M
$-3.8M
Q4 24
$17.5M
$7.9M
Q3 24
$-86.8M
$-5.7M
Q2 24
$-15.3M
$-494.0K
Q1 24
$39.9M
$4.5M
Gross Margin
CIFR
CIFR
SNCR
SNCR
Q4 25
59.4%
Q3 25
62.7%
79.4%
Q2 25
64.8%
79.0%
Q1 25
69.6%
79.4%
Q4 24
56.9%
78.6%
Q3 24
37.5%
79.1%
Q2 24
61.2%
76.1%
Q1 24
69.2%
76.2%
Operating Margin
CIFR
CIFR
SNCR
SNCR
Q4 25
-503.4%
Q3 25
-52.5%
14.0%
Q2 25
-103.9%
16.1%
Q1 25
-77.8%
19.5%
Q4 24
40.5%
16.5%
Q3 24
-379.2%
12.8%
Q2 24
-43.9%
9.9%
Q1 24
97.2%
10.7%
Net Margin
CIFR
CIFR
SNCR
SNCR
Q4 25
-1229.6%
Q3 25
-4.6%
13.8%
Q2 25
-105.1%
-46.1%
Q1 25
-79.6%
-9.0%
Q4 24
41.5%
17.8%
Q3 24
-359.9%
-13.3%
Q2 24
-41.5%
-1.1%
Q1 24
82.9%
10.4%
EPS (diluted)
CIFR
CIFR
SNCR
SNCR
Q4 25
$-1.91
Q3 25
$-0.01
$0.51
Q2 25
$-0.12
$-1.87
Q1 25
$-0.11
$-0.37
Q4 24
$0.04
$0.75
Q3 24
$-0.26
$-0.56
Q2 24
$-0.05
$0.01
Q1 24
$0.13
$0.23

Balance Sheet & Financial Strength

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

Metric
CIFR
CIFR
SNCR
SNCR
Cash + ST InvestmentsLiquidity on hand
$628.3M
$34.8M
Total DebtLower is stronger
$2.7B
$163.2M
Stockholders' EquityBook value
$805.5M
$55.4M
Total Assets
$4.3B
$278.2M
Debt / EquityLower = less leverage
3.37×
2.95×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIFR
CIFR
SNCR
SNCR
Q4 25
$628.3M
Q3 25
$1.2B
$34.8M
Q2 25
$62.7M
$24.6M
Q1 25
$23.2M
$29.1M
Q4 24
$5.6M
$33.4M
Q3 24
$25.3M
$25.2M
Q2 24
$122.6M
$23.6M
Q1 24
$88.7M
$19.1M
Total Debt
CIFR
CIFR
SNCR
SNCR
Q4 25
$2.7B
Q3 25
$1.0B
$163.2M
Q2 25
$167.1M
$186.2M
Q1 25
$187.0M
Q4 24
$0
$186.7M
Q3 24
$186.4M
Q2 24
$186.2M
Q1 24
$136.6M
Stockholders' Equity
CIFR
CIFR
SNCR
SNCR
Q4 25
$805.5M
Q3 25
$783.2M
$55.4M
Q2 25
$748.9M
$49.4M
Q1 25
$734.8M
$35.4M
Q4 24
$682.0M
$29.8M
Q3 24
$672.0M
$35.3M
Q2 24
$690.8M
$30.6M
Q1 24
$600.9M
$24.0M
Total Assets
CIFR
CIFR
SNCR
SNCR
Q4 25
$4.3B
Q3 25
$2.8B
$278.2M
Q2 25
$1.0B
$291.4M
Q1 25
$913.8M
$293.3M
Q4 24
$855.4M
$293.8M
Q3 24
$775.4M
$299.7M
Q2 24
$775.6M
$295.7M
Q1 24
$677.1M
$298.5M
Debt / Equity
CIFR
CIFR
SNCR
SNCR
Q4 25
3.37×
Q3 25
1.31×
2.95×
Q2 25
0.22×
3.77×
Q1 25
5.28×
Q4 24
0.00×
6.27×
Q3 24
5.28×
Q2 24
6.08×
Q1 24
5.70×

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
SNCR
SNCR
Operating Cash FlowLast quarter
$-207.9M
$39.4M
Free Cash FlowOCF − Capex
$-695.9M
$39.0M
FCF MarginFCF / Revenue
-1165.4%
92.9%
Capex IntensityCapex / Revenue
817.1%
0.9%
Cash ConversionOCF / Net Profit
6.77×
TTM Free Cash FlowTrailing 4 quarters
$-1.1B
$53.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIFR
CIFR
SNCR
SNCR
Q4 25
$-207.9M
Q3 25
$-50.1M
$39.4M
Q2 25
$-56.2M
$2.3M
Q1 25
$-47.2M
$293.0K
Q4 24
$-87.5M
$13.1M
Q3 24
$-6.5M
$3.4M
Q2 24
$-25.4M
$11.3M
Q1 24
$-26.6M
$527.0K
Free Cash Flow
CIFR
CIFR
SNCR
SNCR
Q4 25
$-695.9M
Q3 25
$-256.2M
$39.0M
Q2 25
$-87.5M
$2.0M
Q1 25
$-71.8M
$-31.0K
Q4 24
$-227.0M
$12.2M
Q3 24
$-83.2M
$3.2M
Q2 24
$-33.2M
$10.9M
Q1 24
$-34.5M
$10.0K
FCF Margin
CIFR
CIFR
SNCR
SNCR
Q4 25
-1165.4%
Q3 25
-357.3%
92.9%
Q2 25
-200.9%
4.6%
Q1 25
-146.7%
-0.1%
Q4 24
-537.6%
27.6%
Q3 24
-345.0%
7.5%
Q2 24
-90.2%
25.2%
Q1 24
-71.7%
0.0%
Capex Intensity
CIFR
CIFR
SNCR
SNCR
Q4 25
817.1%
Q3 25
287.5%
0.9%
Q2 25
71.8%
0.8%
Q1 25
50.2%
0.8%
Q4 24
330.4%
1.9%
Q3 24
317.8%
0.3%
Q2 24
21.4%
0.9%
Q1 24
16.4%
1.2%
Cash Conversion
CIFR
CIFR
SNCR
SNCR
Q4 25
Q3 25
6.77×
Q2 25
Q1 25
Q4 24
-5.00×
1.66×
Q3 24
Q2 24
Q1 24
-0.67×
0.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CIFR
CIFR

Segment breakdown not available.

SNCR
SNCR

Subscription Services$39.4M94%
Professional Services$2.6M6%

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