vs
Cipher Mining Inc.（CIFR）与REGIS CORP（RGS）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REGIS CORP的1.0倍（$59.7M vs $57.1M），REGIS CORP净利率更高（0.8% vs -1229.6%，领先1230.4%），Cipher Mining Inc.同比增速更快（41.4% vs 22.3%），REGIS CORP自由现金流更多（$891.0K vs $-695.9M），过去两年Cipher Mining Inc.的营收复合增速更高（11.4% vs 7.8%）
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。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
CIFR vs RGS — 直观对比
营收规模更大
CIFR
是对方的1.0倍
$57.1M
营收增速更快
CIFR
高出19.2%
22.3%
净利率更高
RGS
高出1230.4%
-1229.6%
自由现金流更多
RGS
多$696.8M
$-695.9M
两年增速更快
CIFR
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $59.7M | $57.1M |
| 净利润 | $-734.2M | $456.0K |
| 毛利率 | 59.4% | — |
| 营业利润率 | -503.4% | 10.8% |
| 净利率 | -1229.6% | 0.8% |
| 营收同比 | 41.4% | 22.3% |
| 净利润同比 | -4293.1% | -94.0% |
| 每股收益（稀释后） | $-1.91 | $0.16 |
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CIFRRGS
| Q4 25 | $59.7M | $57.1M | ||
| Q3 25 | $71.7M | $59.0M | ||
| Q2 25 | $43.6M | $60.4M | ||
| Q1 25 | $49.0M | $57.0M | ||
| Q4 24 | $42.2M | $46.7M | ||
| Q3 24 | $24.1M | $46.1M | ||
| Q2 24 | $36.8M | $49.4M | ||
| Q1 24 | $48.1M | $49.2M |
净利润CIFRRGS
| Q4 25 | $-734.2M | $456.0K | ||
| Q3 25 | $-3.3M | $1.4M | ||
| Q2 25 | $-45.8M | $116.5M | ||
| Q1 25 | $-39.0M | $250.0K | ||
| Q4 24 | $17.5M | $7.6M | ||
| Q3 24 | $-86.8M | $-853.0K | ||
| Q2 24 | $-15.3M | $91.2M | ||
| Q1 24 | $39.9M | $-2.3M |
毛利率CIFRRGS
| 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% | — |
营业利润率CIFRRGS
| Q4 25 | -503.4% | 10.8% | ||
| Q3 25 | -52.5% | 10.0% | ||
| Q2 25 | -103.9% | 12.1% | ||
| Q1 25 | -77.8% | 8.8% | ||
| Q4 24 | 40.5% | 11.8% | ||
| Q3 24 | -379.2% | 4.6% | ||
| Q2 24 | -43.9% | — | ||
| Q1 24 | 97.2% | 8.3% |
净利率CIFRRGS
| Q4 25 | -1229.6% | 0.8% | ||
| Q3 25 | -4.6% | 2.3% | ||
| Q2 25 | -105.1% | 192.9% | ||
| Q1 25 | -79.6% | 0.4% | ||
| Q4 24 | 41.5% | 16.4% | ||
| Q3 24 | -359.9% | -1.9% | ||
| Q2 24 | -41.5% | 184.7% | ||
| Q1 24 | 82.9% | -4.7% |
每股收益（稀释后）CIFRRGS
| Q4 25 | $-1.91 | $0.16 | ||
| Q3 25 | $-0.01 | $0.49 | ||
| Q2 25 | $-0.12 | $43.67 | ||
| Q1 25 | $-0.11 | $0.08 | ||
| Q4 24 | $0.04 | $2.71 | ||
| Q3 24 | $-0.26 | $-0.36 | ||
| Q2 24 | $-0.05 | $38.40 | ||
| Q1 24 | $0.13 | $-1.00 |
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 | $18.4M |
| 总债务越低越好 | $2.7B | $113.3M |
| 股东权益账面价值 | $805.5M | $188.7M |
| 总资产 | $4.3B | $588.3M |
| 负债/权益比越低杠杆越低 | 3.37× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资CIFRRGS
| Q4 25 | $628.3M | $18.4M | ||
| Q3 25 | $1.2B | $16.6M | ||
| Q2 25 | $62.7M | $17.0M | ||
| Q1 25 | $23.2M | $13.3M | ||
| Q4 24 | $5.6M | $10.2M | ||
| Q3 24 | $25.3M | $6.3M | ||
| Q2 24 | $122.6M | $10.1M | ||
| Q1 24 | $88.7M | $5.9M |
总债务CIFRRGS
| Q4 25 | $2.7B | $113.3M | ||
| Q3 25 | $1.0B | $111.3M | ||
| Q2 25 | $167.1M | $110.8M | ||
| Q1 25 | — | $112.0M | ||
| Q4 24 | $0 | $111.5M | ||
| Q3 24 | — | $95.2M | ||
| Q2 24 | — | $99.5M | ||
| Q1 24 | — | $179.7M |
股东权益CIFRRGS
| Q4 25 | $805.5M | $188.7M | ||
| Q3 25 | $783.2M | $187.6M | ||
| Q2 25 | $748.9M | $185.6M | ||
| Q1 25 | $734.8M | $68.6M | ||
| Q4 24 | $682.0M | $66.7M | ||
| Q3 24 | $672.0M | $56.4M | ||
| Q2 24 | $690.8M | $56.8M | ||
| Q1 24 | $600.9M | $-35.8M |
总资产CIFRRGS
| Q4 25 | $4.3B | $588.3M | ||
| Q3 25 | $2.8B | $592.1M | ||
| Q2 25 | $1.0B | $599.0M | ||
| Q1 25 | $913.8M | $511.2M | ||
| Q4 24 | $855.4M | $530.1M | ||
| Q3 24 | $775.4M | $508.9M | ||
| Q2 24 | $775.6M | $530.5M | ||
| Q1 24 | $677.1M | $543.7M |
负债/权益比CIFRRGS
| Q4 25 | 3.37× | 0.60× | ||
| Q3 25 | 1.31× | 0.59× | ||
| Q2 25 | 0.22× | 0.60× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | 0.00× | 1.67× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 1.75× | ||
| 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 | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $-695.9M | $891.0K |
| 自由现金流率自由现金流/营收 | -1165.4% | 1.6% |
| 资本支出强度资本支出/营收 | 817.1% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 3.65× |
| 过去12个月自由现金流最近4个季度 | $-1.1B | $14.9M |
8季度趋势，按日历期对齐
经营现金流CIFRRGS
| Q4 25 | $-207.9M | $1.7M | ||
| Q3 25 | $-50.1M | $2.3M | ||
| Q2 25 | $-56.2M | $6.8M | ||
| Q1 25 | $-47.2M | $6.2M | ||
| Q4 24 | $-87.5M | $2.1M | ||
| Q3 24 | $-6.5M | $-1.3M | ||
| Q2 24 | $-25.4M | $5.1M | ||
| Q1 24 | $-26.6M | $-277.0K |
自由现金流CIFRRGS
| Q4 25 | $-695.9M | $891.0K | ||
| Q3 25 | $-256.2M | $1.9M | ||
| Q2 25 | $-87.5M | $6.2M | ||
| Q1 25 | $-71.8M | $5.9M | ||
| Q4 24 | $-227.0M | $1.7M | ||
| Q3 24 | $-83.2M | $-1.4M | ||
| Q2 24 | $-33.2M | $5.1M | ||
| Q1 24 | $-34.5M | $-326.0K |
自由现金流率CIFRRGS
| Q4 25 | -1165.4% | 1.6% | ||
| Q3 25 | -357.3% | 3.2% | ||
| Q2 25 | -200.9% | 10.3% | ||
| Q1 25 | -146.7% | 10.3% | ||
| Q4 24 | -537.6% | 3.6% | ||
| Q3 24 | -345.0% | -3.0% | ||
| Q2 24 | -90.2% | 10.3% | ||
| Q1 24 | -71.7% | -0.7% |
资本支出强度CIFRRGS
| Q4 25 | 817.1% | 1.4% | ||
| Q3 25 | 287.5% | 0.7% | ||
| Q2 25 | 71.8% | 0.9% | ||
| Q1 25 | 50.2% | 0.6% | ||
| Q4 24 | 330.4% | 0.9% | ||
| Q3 24 | 317.8% | 0.0% | ||
| Q2 24 | 21.4% | 0.0% | ||
| Q1 24 | 16.4% | 0.1% |
现金转化率CIFRRGS
| Q4 25 | — | 3.65× | ||
| Q3 25 | — | 1.68× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 24.80× | ||
| Q4 24 | -5.00× | 0.28× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | -0.67× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CIFR
暂无分部数据
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
