In the latest fiscal period Q1'26 , Cipher Mining Inc. ( CIFR ) reported a negative Sales Margin ( ROS ) of -157.16% . This follows a highly volatile period, showing a significant decline compared to the previous quarter. The chart data from Q2'23 to Q1'26 illustrates a highly unstable profitability trend, characterized by sharp fluctuations and frequent periods of negative margins. While the company reached a peak ROS of 95.28% in Q1'24 , it has since experienced a substantial downward trajectory, reaching a record low of -1,180.55% in Q4'25 before the current partial recovery.