As of the latest data point for Q4'25, CIFR's Operating ROA stands at -17.11%, with ROE at -87.84% and ROIC at 0.09%. This represents a significant deterioration in profitability metrics compared to previous quarters, particularly with ROE experiencing a sharp decline. From Q1'23 to Q4'25, the chart reveals a volatile trend across all three metrics. After a period of negative returns in 2023, there was a brief improvement in Q4'23 and Q1'24, where all metrics turned positive. However, this recovery was short-lived, as values dropped back into negative territory in mid-2024, with pronounced declines in Q3'24 and Q4'25. The data highlights considerable instability in CIFR's operating performance over the observed period.