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Cipher Mining Inc.（CIFR）与Hour Loop, Inc（HOUR）财务数据对比。点击上方公司名可切换其他公司
Cipher Mining Inc.的季度营收约是Hour Loop, Inc的1.1倍（$59.7M vs $56.1M），Hour Loop, Inc净利率更高（-1.2% vs -1229.6%，领先1228.4%），Cipher Mining Inc.同比增速更快（41.4% vs 3.0%），Hour Loop, Inc自由现金流更多（$3.0M vs $-695.9M），过去两年Hour Loop, Inc的营收复合增速更高（50.7% vs 11.4%）
Cipher Mining Inc.是总部位于美国的比特币挖矿生态运营企业，当前正全力发展加密货币相关业务，深耕加密行业上游基础设施赛道，依托技术及合规优势构建稳定高效的挖矿服务体系。
Hour Loop Inc.是一家电商零售企业，主营家居用品、服饰、玩具、电子配件及日常消费必需品，主要依托第三方主流线上平台开展业务，核心客群集中在北美地区，专注为大众消费者提供高性价比的日常商品。
CIFR vs HOUR — 直观对比
营收规模更大
CIFR
是对方的1.1倍
$56.1M
营收增速更快
CIFR
高出38.4%
3.0%
净利率更高
HOUR
高出1228.4%
-1229.6%
自由现金流更多
HOUR
多$698.8M
$-695.9M
两年增速更快
HOUR
近两年复合增速
11.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $59.7M | $56.1M |
| 净利润 | $-734.2M | $-657.3K |
| 毛利率 | 59.4% | 49.6% |
| 营业利润率 | -503.4% | -1.5% |
| 净利率 | -1229.6% | -1.2% |
| 营收同比 | 41.4% | 3.0% |
| 净利润同比 | -4293.1% | 57.0% |
| 每股收益（稀释后） | $-1.91 | $-0.02 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CIFRHOUR
| Q4 25 | $59.7M | $56.1M | ||
| Q3 25 | $71.7M | $33.4M | ||
| Q2 25 | $43.6M | $27.1M | ||
| Q1 25 | $49.0M | $25.8M | ||
| Q4 24 | $42.2M | $54.4M | ||
| Q3 24 | $24.1M | $31.1M | ||
| Q2 24 | $36.8M | $28.1M | ||
| Q1 24 | $48.1M | $24.7M |
净利润CIFRHOUR
| Q4 25 | $-734.2M | $-657.3K | ||
| Q3 25 | $-3.3M | $530.6K | ||
| Q2 25 | $-45.8M | $1.2M | ||
| Q1 25 | $-39.0M | $654.5K | ||
| Q4 24 | $17.5M | $-1.5M | ||
| Q3 24 | $-86.8M | $469.6K | ||
| Q2 24 | $-15.3M | $649.1K | ||
| Q1 24 | $39.9M | $1.1M |
毛利率CIFRHOUR
| Q4 25 | 59.4% | 49.6% | ||
| Q3 25 | 62.7% | 51.4% | ||
| Q2 25 | 64.8% | 57.2% | ||
| Q1 25 | 69.6% | 54.7% | ||
| Q4 24 | 56.9% | 45.7% | ||
| Q3 24 | 37.5% | 54.8% | ||
| Q2 24 | 61.2% | 55.7% | ||
| Q1 24 | 69.2% | 58.6% |
营业利润率CIFRHOUR
| Q4 25 | -503.4% | -1.5% | ||
| Q3 25 | -52.5% | 2.2% | ||
| Q2 25 | -103.9% | 6.0% | ||
| Q1 25 | -77.8% | 3.6% | ||
| Q4 24 | 40.5% | -4.5% | ||
| Q3 24 | -379.2% | 2.3% | ||
| Q2 24 | -43.9% | 3.3% | ||
| Q1 24 | 97.2% | 6.2% |
净利率CIFRHOUR
| Q4 25 | -1229.6% | -1.2% | ||
| Q3 25 | -4.6% | 1.6% | ||
| Q2 25 | -105.1% | 4.3% | ||
| Q1 25 | -79.6% | 2.5% | ||
| Q4 24 | 41.5% | -2.8% | ||
| Q3 24 | -359.9% | 1.5% | ||
| Q2 24 | -41.5% | 2.3% | ||
| Q1 24 | 82.9% | 4.3% |
每股收益（稀释后）CIFRHOUR
| Q4 25 | $-1.91 | $-0.02 | ||
| Q3 25 | $-0.01 | $0.01 | ||
| Q2 25 | $-0.12 | $0.04 | ||
| Q1 25 | $-0.11 | $0.02 | ||
| Q4 24 | $0.04 | $-0.04 | ||
| Q3 24 | $-0.26 | $0.01 | ||
| Q2 24 | $-0.05 | $0.02 | ||
| Q1 24 | $0.13 | $0.03 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $628.3M | — |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $805.5M | $7.0M |
| 总资产 | $4.3B | $23.8M |
| 负债/权益比越低杠杆越低 | 3.37× | — |
8季度趋势，按日历期对齐
现金及短期投资CIFRHOUR
| Q4 25 | $628.3M | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $62.7M | — | ||
| Q1 25 | $23.2M | — | ||
| Q4 24 | $5.6M | — | ||
| Q3 24 | $25.3M | — | ||
| Q2 24 | $122.6M | — | ||
| Q1 24 | $88.7M | $2.9M |
总债务CIFRHOUR
| Q4 25 | $2.7B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $167.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CIFRHOUR
| Q4 25 | $805.5M | $7.0M | ||
| Q3 25 | $783.2M | $7.7M | ||
| Q2 25 | $748.9M | $7.2M | ||
| Q1 25 | $734.8M | $5.8M | ||
| Q4 24 | $682.0M | $5.2M | ||
| Q3 24 | $672.0M | $6.7M | ||
| Q2 24 | $690.8M | $6.2M | ||
| Q1 24 | $600.9M | $5.5M |
总资产CIFRHOUR
| Q4 25 | $4.3B | $23.8M | ||
| Q3 25 | $2.8B | $31.6M | ||
| Q2 25 | $1.0B | $23.0M | ||
| Q1 25 | $913.8M | $19.1M | ||
| Q4 24 | $855.4M | $20.0M | ||
| Q3 24 | $775.4M | $32.4M | ||
| Q2 24 | $775.6M | $20.2M | ||
| Q1 24 | $677.1M | $16.7M |
负债/权益比CIFRHOUR
| Q4 25 | 3.37× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-207.9M | $3.0M |
| 自由现金流经营现金流 - 资本支出 | $-695.9M | $3.0M |
| 自由现金流率自由现金流/营收 | -1165.4% | 5.3% |
| 资本支出强度资本支出/营收 | 817.1% | 0.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-1.1B | $2.5M |
8季度趋势，按日历期对齐
经营现金流CIFRHOUR
| Q4 25 | $-207.9M | $3.0M | ||
| Q3 25 | $-50.1M | $500.4K | ||
| Q2 25 | $-56.2M | $-901.5K | ||
| Q1 25 | $-47.2M | $-23.9K | ||
| Q4 24 | $-87.5M | $1.5M | ||
| Q3 24 | $-6.5M | $-2.2M | ||
| Q2 24 | $-25.4M | $456.2K | ||
| Q1 24 | $-26.6M | $492.9K |
自由现金流CIFRHOUR
| Q4 25 | $-695.9M | $3.0M | ||
| Q3 25 | $-256.2M | $449.3K | ||
| Q2 25 | $-87.5M | $-901.6K | ||
| Q1 25 | $-71.8M | $-24.6K | ||
| Q4 24 | $-227.0M | $1.5M | ||
| Q3 24 | $-83.2M | $-2.2M | ||
| Q2 24 | $-33.2M | $439.4K | ||
| Q1 24 | $-34.5M | $475.1K |
自由现金流率CIFRHOUR
| Q4 25 | -1165.4% | 5.3% | ||
| Q3 25 | -357.3% | 1.3% | ||
| Q2 25 | -200.9% | -3.3% | ||
| Q1 25 | -146.7% | -0.1% | ||
| Q4 24 | -537.6% | 2.8% | ||
| Q3 24 | -345.0% | -7.0% | ||
| Q2 24 | -90.2% | 1.6% | ||
| Q1 24 | -71.7% | 1.9% |
资本支出强度CIFRHOUR
| Q4 25 | 817.1% | 0.0% | ||
| Q3 25 | 287.5% | 0.2% | ||
| Q2 25 | 71.8% | 0.0% | ||
| Q1 25 | 50.2% | 0.0% | ||
| Q4 24 | 330.4% | 0.0% | ||
| Q3 24 | 317.8% | 0.0% | ||
| Q2 24 | 21.4% | 0.1% | ||
| Q1 24 | 16.4% | 0.1% |
现金转化率CIFRHOUR
| Q4 25 | — | — | ||
| Q3 25 | — | 0.94× | ||
| Q2 25 | — | -0.77× | ||
| Q1 25 | — | -0.04× | ||
| Q4 24 | -5.00× | — | ||
| Q3 24 | — | -4.64× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | -0.67× | 0.46× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
