CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
DEFT
DeFi Technologies Inc.
There isn't enough reported data to score DEFT yet.
CIFR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
CIFR's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CIFR.
DEFT Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| N/A | |
| N/A |
DEFT's profitability is currently healthy. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like DEFT.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
DEFT PE Valuation
DEFT has no meaningful PE right now: it lost money over the past year.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over DEFT on the outlook, with more favorable earnings and revenue expectations.
DEFT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect DEFT's earnings and revenue to decline, with profitability weakening. However, they disagree widely on these estimates.
CIFR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.06 | -$2.86 |
| Q2 2026 | -$2.85 | -$2.40 |
| Q1 2026 | -$2.32 | -$1.94 |
| Q4 2025 | -$2.15 | -$2.01 |
| Q3 2025 | -$0.20 | -$0.07 |
| Q2 2025 | -$0.45 | -850% |
| Q1 2025 | -$0.38 | -733% |
| Q4 2024 | -$0.14 | -$0.04 |
DEFT has the stronger earnings trend. Trailing diluted EPS is down 1,630% for CIFR versus DEFT up 183%.
DEFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.02 | -86% |
| Q4 2025 | $0.17 | +$0.24 |
| Q4 2024 | -$0.07 | -$0.01 |
| Q3 2024 | $0.19 | +$0.37 |
| Q2 2024 | $0.13 | +$0.32 |
| Q1 2024 | -$0.06 | +$0.17 |
| Q4 2023 | -$0.06 | +$0.17 |
| Q3 2023 | -$0.18 | +$0.08 |
| Q2 2023 | -$0.19 | +$0.07 |
DEFT has returned to profit: it earned $0.17 per share over the past year, after losing money the year before.
CIFR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26.7M | -63% |
| Q2 2026 | $24.8M | -43% |
| Q1 2026 | $34.8M | -29% |
| Q4 2025 | $59.7M | +41% |
| Q3 2025 | $71.7M | +198% |
| Q2 2025 | $43.6M | +18% |
| Q1 2025 | $49M | +1.7% |
| Q4 2024 | $42.2M | -2.8% |
CIFR has the stronger quarterly revenue trend. Revenue is down 63% for CIFR versus down 73% for DEFT.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -269% | -217 points |
| Q2 2026 | -316% | -212 points |
| Q1 2026 | -329% | -251 points |
| Q4 2025 | -503% | -544 points |
| Q3 2025 | -52% | +327 points |
| Q2 2025 | -104% | -60 points |
| Q1 2025 | -78% | -175 points |
| Q4 2024 | 40% | +4 points |
CIFR's operating margin was −269% last quarter, down 217 points from the same quarter a year ago.
DEFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2024 | $138.1M | +2558% |
| Q1 2023 | $12.5M | +875% |
| Q3 2020 | $1.6M | +1990% |
DEFT's revenue is growing: $37M last quarter, down 73% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -39 points |
| Q4 2025 | 47% | N/A |
| Q3 2024 | 46% | N/A |
| Q2 2024 | 50% | -12 points |
| Q4 2023 | -40% | N/A |
| Q2 2023 | 62% | N/A |
| Q1 2023 | -82% | +518 points |
| Q1 2022 | -600% | N/A |
DEFT has the edge over CIFR on profitability, with a higher operating margin.
CIFR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.7B | -$1.4B |
| Q2 2026 | -$653.8M | -$566.3M |
| Q1 2026 | -$462.5M | -$390.7M |
| Q4 2025 | -$280.3M | -$204.2M |
| Q3 2025 | -$256.2M | -$173.1M |
| Q2 2025 | -$87.5M | -$54.3M |
| Q1 2025 | -$71.8M | -$37.3M |
| Q4 2024 | -$76.1M | +$38M |
DEFT has the stronger cash trend. Its trailing FCF is down 327% versus its history, compared with CIFR at down 974%.
DEFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$133.4M | -$58.6M |
| Q4 2024 | -$74.7M | -$73.3M |
| Q3 2024 | $8.7M | +$12.5M |
| Q2 2024 | $14.8M | +$19M |
| Q1 2024 | -$40.1M | -$32.6M |
| Q4 2023 | -$1.4M | -162% |
| Q3 2023 | -$3.9M | -$796K |
| Q2 2023 | -$4.2M | -$3.6M |
DEFT's free cash flow was −$185M over the past year, against −$50M the year before. Free cash flow isn't a meaningful measure for financial services companies like DEFT.
CIFR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.4% | +30.3M shares |
| 1 year | +12% | +46.5M shares |
| 3 years | +75% | +188M shares |
| 5 years | +102% | +222M shares |
CIFR has the edge over DEFT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7M |
| Q2 2026 | $45.2M |
| Q1 2026 | $3.8M |
| Q4 2025 | $82.3M |
| Q3 2025 | $3M |
| Q2 2025 | $3.2M |
| Q1 2025 | $1.1M |
| Q4 2024 | $16.9M |
CIFR spent $151M buying back its own shares over the past year, about six times what it spent the year before.
DEFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.5% | +28.4M shares |
| 1 year | +22% | +73.1M shares |
| 3 years | +95% | +197M shares |
| 5 years | +853% | +363M shares |
| Available history | +878% | +364M shares |
DEFT has 406M diluted shares, up 22% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | $1.7M |
| Q3 2024 | $499,859 |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
CIFR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -2.3x | Net Cash |
| Q1 2025 | 125.4x | High |
| Q4 2024 | 0.5x | Very low |
| Q3 2024 | -0.7x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -0.9x | Net Cash |
| Q4 2023 | -2.2x | Net Cash |
| Q2 2023 | -0.1x | Net Cash |
CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.
DEFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2024 | -0.1x | Net Cash |
| Q2 2024 | -0.0x | Net Cash |
| Q4 2020 | -0.2x | Net Cash |
| Q3 2020 | -0.0x | Very low |
DEFT has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like DEFT.
CIFR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.4 | Neutral |
| Stochastic | 7.8 | Oversold |
CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).
DEFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.3 | Neutral |
| Stochastic | 1.7 | Oversold |
DEFT's weekly RSI is 31 (neutral) and its Stochastic is 2 (oversold).
CIFR PE vs Financial Services Sector
| Metric | CIFR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
CIFR has no meaningful PE right now: it lost money over the past year.
DEFT PE vs Financial Services Sector
| Metric | DEFT | Sector median | Relative |
|---|---|---|---|
| PE | 2x | 13x | 85% below |
| PE % | 0 | 17 | 17 pts below |
DEFT has no meaningful PE right now: it lost money over the past year.
CIFR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 33% below |
| 20 week MA | $15.5 | 54% below |
| 50 week MA | $17.0 | 58% below |
| 100 week MA | $12.2 | 41% below |
| 200 week MA | $7.86 | 9% below |
DEFT has stronger trend alignment. CIFR is above 0 of 5 weekly averages versus DEFT above 0 of 3.
DEFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.42 | 29% below |
| 20 week MA | $0.48 | 38% below |
| 50 week MA | $0.65 | 54% below |
DEFT is in a downtrend: it's below all three of its weekly moving averages, and 54% below its 50-week average.
CIFR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.92 | $9.95 | +0.3% |
| 2021 | $9.95 | $5.21 | -48% |
| 2022 | $5.21 | $0.54 | -90% |
| 2023 | $0.54 | $4.13 | +665% |
| 2024 | $4.13 | $4.86 | +18% |
| 2025 | $4.86 | $15.2 | +213% |
| 2026 YTD | $15.2 | $7.15 | -53% |
CIFR has the edge over DEFT on returns for 2026, with the stronger performance.
DEFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $3.98 | $0.82 | -79% |
| 2026 YTD | $0.82 | $0.30 | -63% |
DEFT has finished every year since 2025 lower, and it's down 63% so far in 2026.