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Cipher Mining Inc.（CIFR）与RECURSION PHARMACEUTICALS, INC.（RXRX）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RECURSION PHARMACEUTICALS, INC.的1.7倍（$59.7M vs $35.5M），RECURSION PHARMACEUTICALS, INC.净利率更高（-304.2% vs -1229.6%，领先925.4%），RECURSION PHARMACEUTICALS, INC.同比增速更快（681.7% vs 41.4%），RECURSION PHARMACEUTICALS, INC.自由现金流更多（$-47.3M vs $-695.9M），过去两年RECURSION PHARMACEUTICALS, INC.的营收复合增速更高（60.5% 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。
Recursion Pharmaceuticals是一家临床阶段生物技术企业，依托人工智能技术和高通量生物实验体系，开发针对罕见病、肿瘤、炎症性疾病等领域未满足医疗需求的创新疗法，核心市场覆盖北美，与全球多家生物制药企业合作推进在研管线落地。
CIFR vs RXRX — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $59.7M | $35.5M |
| 净利润 | $-734.2M | $-108.1M |
| 毛利率 | 59.4% | 59.8% |
| 营业利润率 | -503.4% | -304.8% |
| 净利率 | -1229.6% | -304.2% |
| 营收同比 | 41.4% | 681.7% |
| 净利润同比 | -4293.1% | 39.6% |
| 每股收益（稀释后） | $-1.91 | $-0.17 |
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
| Q4 25 | $59.7M | $35.5M | ||
| Q3 25 | $71.7M | $5.2M | ||
| Q2 25 | $43.6M | $19.2M | ||
| Q1 25 | $49.0M | $14.7M | ||
| Q4 24 | $42.2M | $4.5M | ||
| Q3 24 | $24.1M | $26.1M | ||
| Q2 24 | $36.8M | $14.4M | ||
| Q1 24 | $48.1M | $13.8M |
| Q4 25 | $-734.2M | $-108.1M | ||
| Q3 25 | $-3.3M | $-162.3M | ||
| Q2 25 | $-45.8M | $-171.9M | ||
| Q1 25 | $-39.0M | $-202.5M | ||
| Q4 24 | $17.5M | $-178.9M | ||
| Q3 24 | $-86.8M | $-95.8M | ||
| Q2 24 | $-15.3M | $-97.5M | ||
| Q1 24 | $39.9M | $-91.4M |
| Q4 25 | 59.4% | 59.8% | ||
| Q3 25 | 62.7% | -183.8% | ||
| Q2 25 | 64.8% | -4.9% | ||
| Q1 25 | 69.6% | -48.0% | ||
| Q4 24 | 56.9% | -181.4% | ||
| Q3 24 | 37.5% | 53.7% | ||
| Q2 24 | 61.2% | 36.2% | ||
| Q1 24 | 69.2% | 19.1% |
| Q4 25 | -503.4% | -304.8% | ||
| Q3 25 | -52.5% | -3327.6% | ||
| Q2 25 | -103.9% | -916.8% | ||
| Q1 25 | -77.8% | -1297.9% | ||
| Q4 24 | 40.5% | -4042.4% | ||
| Q3 24 | -379.2% | -377.1% | ||
| Q2 24 | -43.9% | -697.4% | ||
| Q1 24 | 97.2% | -698.4% |
| Q4 25 | -1229.6% | -304.2% | ||
| Q3 25 | -4.6% | -3135.3% | ||
| Q2 25 | -105.1% | -894.2% | ||
| Q1 25 | -79.6% | -1373.3% | ||
| Q4 24 | 41.5% | -3935.5% | ||
| Q3 24 | -359.9% | -367.5% | ||
| Q2 24 | -41.5% | -676.6% | ||
| Q1 24 | 82.9% | -662.4% |
| Q4 25 | $-1.91 | $-0.17 | ||
| Q3 25 | $-0.01 | $-0.36 | ||
| Q2 25 | $-0.12 | $-0.41 | ||
| Q1 25 | $-0.11 | $-0.50 | ||
| Q4 24 | $0.04 | $-0.56 | ||
| Q3 24 | $-0.26 | $-0.34 | ||
| Q2 24 | $-0.05 | $-0.40 | ||
| Q1 24 | $0.13 | $-0.39 |
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 | $743.3M |
| 总债务越低越好 | $2.7B | $9.6M |
| 股东权益账面价值 | $805.5M | $1.1B |
| 总资产 | $4.3B | $1.5B |
| 负债/权益比越低杠杆越低 | 3.37× | 0.01× |
8季度趋势，按日历期对齐
| Q4 25 | $628.3M | $743.3M | ||
| Q3 25 | $1.2B | $659.8M | ||
| Q2 25 | $62.7M | $525.1M | ||
| Q1 25 | $23.2M | $500.5M | ||
| Q4 24 | $5.6M | $594.4M | ||
| Q3 24 | $25.3M | $427.6M | ||
| Q2 24 | $122.6M | $474.3M | ||
| Q1 24 | $88.7M | $296.3M |
| Q4 25 | $2.7B | $9.6M | ||
| Q3 25 | $1.0B | $11.9M | ||
| Q2 25 | $167.1M | $14.2M | ||
| Q1 25 | — | $16.4M | ||
| Q4 24 | $0 | $19.0M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $22.9M | ||
| Q1 24 | — | — |
| Q4 25 | $805.5M | $1.1B | ||
| Q3 25 | $783.2M | $1.0B | ||
| Q2 25 | $748.9M | $919.1M | ||
| Q1 25 | $734.8M | $933.9M | ||
| Q4 24 | $682.0M | $1.0B | ||
| Q3 24 | $672.0M | $524.6M | ||
| Q2 24 | $690.8M | $584.4M | ||
| Q1 24 | $600.9M | $401.2M |
| Q4 25 | $4.3B | $1.5B | ||
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $913.8M | $1.3B | ||
| Q4 24 | $855.4M | $1.4B | ||
| Q3 24 | $775.4M | $726.5M | ||
| Q2 24 | $775.6M | $775.9M | ||
| Q1 24 | $677.1M | $557.8M |
| Q4 25 | 3.37× | 0.01× | ||
| Q3 25 | 1.31× | 0.01× | ||
| Q2 25 | 0.22× | 0.02× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | 0.00× | 0.02× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× | ||
| 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 | $-46.1M |
| 自由现金流经营现金流 - 资本支出 | $-695.9M | $-47.3M |
| 自由现金流率自由现金流/营收 | -1165.4% | -133.1% |
| 资本支出强度资本支出/营收 | 817.1% | 3.5% |
| 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 | $-378.3M |
8季度趋势，按日历期对齐
| Q4 25 | $-207.9M | $-46.1M | ||
| Q3 25 | $-50.1M | $-117.4M | ||
| Q2 25 | $-56.2M | $-76.4M | ||
| Q1 25 | $-47.2M | $-132.0M | ||
| Q4 24 | $-87.5M | $-115.4M | ||
| Q3 24 | $-6.5M | $-59.2M | ||
| Q2 24 | $-25.4M | $-82.2M | ||
| Q1 24 | $-26.6M | $-102.3M |
| Q4 25 | $-695.9M | $-47.3M | ||
| Q3 25 | $-256.2M | $-117.6M | ||
| Q2 25 | $-87.5M | $-79.6M | ||
| Q1 25 | $-71.8M | $-133.8M | ||
| Q4 24 | $-227.0M | $-116.7M | ||
| Q3 24 | $-83.2M | $-63.8M | ||
| Q2 24 | $-33.2M | $-83.4M | ||
| Q1 24 | $-34.5M | $-109.0M |
| Q4 25 | -1165.4% | -133.1% | ||
| Q3 25 | -357.3% | -2272.5% | ||
| Q2 25 | -200.9% | -413.9% | ||
| Q1 25 | -146.7% | -907.4% | ||
| Q4 24 | -537.6% | -2567.7% | ||
| Q3 24 | -345.0% | -244.6% | ||
| Q2 24 | -90.2% | -578.5% | ||
| Q1 24 | -71.7% | -789.9% |
| Q4 25 | 817.1% | 3.5% | ||
| Q3 25 | 287.5% | 4.7% | ||
| Q2 25 | 71.8% | 16.4% | ||
| Q1 25 | 50.2% | 12.4% | ||
| Q4 24 | 330.4% | 28.6% | ||
| Q3 24 | 317.8% | 17.5% | ||
| Q2 24 | 21.4% | 8.2% | ||
| Q1 24 | 16.4% | 48.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -5.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
