Compare
Cipher Digital Inc. vs Athena Bitcoin Global vs Hut 8 Corp. vs American Bitcoin Corp.
| Latest fiscal year | Cipher Digital Inc. CIFR | Athena Bitcoin Global ABIT | Hut 8 Corp. HUT | American Bitcoin Corp. ABTC |
|---|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2025-12-31 | 2025-12-31 |
| Revenue | $223.94M | $234.60M | $235.12M | $185.16M |
| Revenue growth (YoY) | +48.0% | -17.8% | +44.8% | +158.8% |
| Gross margin | 63.7% (computed) | 10.6% | 54.2% (computed) | 50.3% (computed) |
| Operating margin | -188.2% | 0.4% | -136.9% | -123.1% |
| Net margin | -367.2% | -2.6% | -96.2% | -82.7% |
| Net income | -$822.24M | -$6.03M | -$226.15M | -$153.17M |
| EPS (Diluted) | -$2.15 | $0.00 | -$2.14 | -$0.17 |
| Operating cash flow | -$207.94M | $12.62M | -$139.23M | -$79.61M |
| Free cash flow | -$695.86M | n/a | n/a | n/a |
| Cash & equivalents | $628.26M | $11.38M | $44.91M | n/a |
| Total assets | $4.29B | $69.47M | $2.75B | $1.25B |
| Total liabilities | $3.46B | $54.16M | $1.06B | $580.69M |
| Shareholders' equity | $805.53M | $15.31M | $1.69B | $665.82M |
| Return on year-end equity | -102.1% | -39.4% | -13.4% | -23.0% |
| Shares outstanding | 404.96M | 4.10B | 110.09M | n/a |
Revenue, most recent five fiscal years
| Fiscal year | Cipher Digital Inc. | Athena Bitcoin Global | Hut 8 Corp. | American Bitcoin Corp. |
|---|---|---|---|---|
| Latest | $223.94M Ended 2025-12-31 | $234.60M Ended 2025-12-31 | $235.12M Ended 2025-12-31 | $185.16M Ended 2025-12-31 |
| 1 year earlier | $151.27M Ended 2024-12-31 | $285.39M Ended 2024-12-31 | $162.38M Ended 2024-12-31 | $71.54M Ended 2024-12-31 |
| 2 years earlier | $126.84M Ended 2023-12-31 | n/a | $96.05M Ended 2023-12-31 | $64.98M Ended 2023-12-31 |
| 3 years earlier | $3.04M Ended 2022-12-31 | n/a | n/a | $10.46M Ended 2022-12-31 |
| 4 years earlier | n/a | n/a | n/a | $17.63M Ended 2021-12-31 |