CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
HUT
Hut 8 Corp.
There isn't enough reported data to score HUT 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.
HUT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| N/A | |
| N/A |
HUT's revenue is currently healthy, but its profitability is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like HUT.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
HUT PE Valuation
HUT 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 |
Analysts expect CIFR's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
HUT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect HUT's losses to grow, with revenue growing. 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 |
CIFR lost $3.06 per share over the past year, and its loss has widened in each of the last four quarters.
HUT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$4.72 | -374% |
| Q2 2026 | -$5.27 | -505% |
| Q1 2026 | -$2.82 | -$2.16 |
| Q4 2025 | -$2.14 | -163% |
| Q2 2022 | -$1.92 | -242% |
| Q1 2022 | -$0.28 | -118% |
| Q4 2021 | $0.35 | -45% |
| Q3 2021 | $1.37 | +$2.22 |
HUT has the edge over CIFR on earnings, with more consistent year-over-year improvement.
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's revenue has slid since its 2025 peak: $27M last quarter, down 63% from the same quarter a year ago.
| 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.
HUT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $71.1M | -15% |
| Q2 2026 | $74.9M | +81% |
| Q1 2026 | $71M | +226% |
| Q4 2025 | $88.5M | +179% |
| Q3 2025 | $83.5M | +91% |
| Q2 2025 | $41.3M | +17% |
| Q1 2025 | $21.8M | -58% |
| Q3 2024 | $43.7M | +102% |
HUT has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 448% | +361 points |
| Q2 2026 | -275% | -730 points |
| Q1 2026 | -522% | +155 points |
| Q4 2025 | -491% | -1381 points |
| Q3 2025 | 87% | +91 points |
| Q2 2025 | 455% | +701 points |
| Q1 2025 | -677% | -1193 points |
| Q4 2024 | 889% | +893 points |
HUT 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 |
CIFR's free cash flow was −$3.1B over the past year, against −$492M the year before. Free cash flow isn't a meaningful measure for financial services companies like CIFR.
HUT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $27.8M | +3512% |
| Q2 2026 | -$5.6M | +$43.2M |
| Q1 2026 | -$27.2M | +$6.6M |
| Q4 2025 | -$57.4M | -$35.7M |
| Q3 2025 | $770K | +$5M |
| Q2 2025 | -$48.8M | -$32.4M |
| Q1 2025 | -$33.8M | -$7.5M |
| Q3 2024 | -$4.2M | -291% |
HUT has the edge over CIFR on cash flow, with more consistent year-over-year improvement.
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 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.
| 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.
HUT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +15.5M shares |
| 1 year | +10% | +12.2M shares |
| 3 years | +217% | +91.7M shares |
| 5 years | +575% | +114M shares |
| Available history | +746% | +118M shares |
HUT has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
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 the edge over HUT on leverage, with a lower net debt burden relative to earnings.
HUT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | 0.4x | Very low |
| Q1 2023 | 8.0x | High |
| Q4 2022 | 2.4x | Moderate |
| Q3 2022 | 0.3x | Very low |
| Q2 2022 | -0.3x | Net Cash |
HUT has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HUT.
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).
HUT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.3 | Neutral |
| Stochastic | 15.8 | Oversold |
HUT's weekly RSI is 40 (neutral) and its Stochastic is 16 (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.
HUT PE vs Financial Services Sector
| Metric | HUT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
HUT 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 |
CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.
HUT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $71.7 | 14% below |
| 20 week MA | $85.4 | 27% below |
| 50 week MA | $76.6 | 19% below |
| 100 week MA | $50.3 | 23% above |
| 200 week MA | $31.1 | 99% above |
HUT has the edge over CIFR on trend strength, trading above more of its moving averages.
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's yearly returns have swung widely, from +665% in 2023 to −90% in 2022. It's down 53% so far in 2026.
HUT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.78 | $12.7 | +236% |
| 2021 | $12.7 | $43.8 | +244% |
| 2022 | $43.8 | $4.32 | -90% |
| 2023 | $4.32 | $13.3 | +209% |
| 2024 | $13.3 | $22.3 | +67% |
| 2025 | $22.3 | $49.6 | +122% |
| 2026 YTD | $49.6 | $62.0 | +25% |
HUT has the edge over CIFR on returns for 2026, with the stronger performance.