CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
QFIN
Qfin Holdings, Inc.
QFIN's fundamentals are weak: its operating margin fell 18 points to 32% and revenue fell 6.7%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
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.
QFIN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
QFIN's profitability is currently healthy, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like QFIN.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
QFIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 0.7x | $5.15 | — |
| Cheap | 2.6x | $18.64 | +262% |
| Fair | 4.6x | $32.73 | +535% |
| Expensive | 6.7x | $47.38 | +820% |
Historical ranges are pointers, not guarantees.
QFIN's PE is 0.7x, but its earnings don't support one, so it isn't a reliable read right now.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over QFIN on the outlook, with more favorable earnings and revenue expectations.
QFIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect QFIN's earnings and revenue to decline, with profitability weakening.
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.
QFIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $7.06 | -6.9% |
| Q1 2026 | $7.96 | +13% |
| Q4 2025 | $7.70 | +23% |
| Q3 2025 | $7.41 | +41% |
| Q2 2025 | $7.58 | +68% |
| Q1 2025 | $7.03 | +68% |
| Q4 2024 | $6.25 | +59% |
| Q3 2024 | $5.25 | +58% |
QFIN has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.
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 edge over QFIN on sales, with more consistent year-over-year improvement.
| 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.
QFIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $533.7M | -18% |
| Q1 2026 | $586.7M | -3.7% |
| Q4 2025 | $511.6M | -24% |
| Q3 2025 | $781.2M | +19% |
| Q2 2025 | $649.6M | +4.1% |
| Q1 2025 | $609.2M | -2.3% |
| Q4 2024 | $672.7M | -0.3% |
| Q3 2024 | $655.8M | +2.1% |
QFIN's revenue is shrinking: $534M last quarter, down 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 32% | -18 points |
| Q1 2026 | 28% | -26 points |
| Q4 2025 | 34% | -8.4 points |
| Q3 2025 | 33% | -20 points |
| Q2 2025 | 50% | +2.5 points |
| Q1 2025 | 55% | +22 points |
| Q4 2024 | 42% | +14 points |
| Q3 2024 | 52% | +20 points |
QFIN 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.
QFIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $162.8M | -59% |
| Q1 2026 | $314.8M | -25% |
| Q4 2025 | $0 | -100% |
| Q3 2025 | $375.4M | +5.5% |
| Q2 2025 | $393.5M | +34% |
| Q1 2025 | $421.1M | +43% |
| Q4 2024 | $435M | +28% |
| Q3 2024 | $355.9M | +91% |
QFIN has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.
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.
QFIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +4.9% | +6.7M shares |
| 3 years | -14% | -22.8M shares |
| 5 years | -11% | -18.4M shares |
| Available history | -4.6% | -6.9M shares |
QFIN has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $706.5M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $446.2M |
| Q3 2024 | — |
QFIN spent $707M buying back its own shares over the past year, up 58% from the year before.
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.
QFIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | -0.4x | Net Cash |
QFIN has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like QFIN.
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).
QFIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 24.0 | Oversold |
| Stochastic | 2.9 | Oversold |
QFIN's weekly RSI is 24 (oversold) and its Stochastic is 3 (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.
QFIN PE vs Financial Services Sector
| Metric | QFIN | Sector median | Relative |
|---|---|---|---|
| PE | 0.7x | 13x | 94% below |
| PE % | 0 | 63 | 63 pts below |
QFIN is trading at 0.7x earnings, a 94% discount to the Financial Services sector's median of 13x, though its earnings don't support one.
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.
QFIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.85 | 12% below |
| 20 week MA | $9.34 | 45% below |
| 50 week MA | $13.0 | 60% below |
| 100 week MA | $24.5 | 79% below |
| 200 week MA | $22.3 | 77% below |
QFIN is in a downtrend: it's below all five of its weekly moving averages, and 77% below its 200-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 QFIN on returns for 2026, with the stronger performance.
QFIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.41 | $10.8 | +15% |
| 2021 | $10.8 | $22.0 | +103% |
| 2022 | $22.0 | $19.3 | -12% |
| 2023 | $19.3 | $15.8 | -18% |
| 2024 | $15.8 | $38.2 | +141% |
| 2025 | $38.2 | $20.0 | -48% |
| 2026 YTD | $20.0 | $5.15 | -74% |
QFIN's yearly returns have swung widely, from +141% in 2024 to −48% in 2025. It's down 74% so far in 2026.