In the latest fiscal period Q1'26 , Cipher Mining ( CIFR ) reported a diluted EPS of -0.28 USD , representing a year-over-year decline of -154.55% . While this reflects a significant recovery from the sharp drop observed in the preceding quarter, the company remains in negative earnings territory. The data from Q2'23 to Q1'26 illustrates a highly volatile earnings trend, with EPS briefly turning positive during the Q4'23 to Q1'24 and Q4'24 periods. A notable inflection point occurred in Q4'25 , where EPS plummeted to a period low of -1.92 USD , coinciding with a steep -3,300% YoY growth decline. Overall, the chart reflects an inconsistent profitability pattern characterized by frequent swings between marginal gains and substantial quarterly losses.