Cypherpunk Technologies Inc. (CYPH) income statement
NASDAQ · Financial Services · Asset Management · 6 employees · CEO Douglas E. Onsi
- Price
- $2.98 -9.97%
- Market cap
- $321M
- Enterprise value
- $314M
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-11 EPS est. $0.03
Cypherpunk Technologies Inc. (CYPH) reported revenue of $0 for Q2 '26 (– year on year), operating income of -$4.69M (– of revenue) and net income of $39.4M. Over the last four quarters revenue was $0.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $337K | $0 | $0 | $0 | $234K | $0 | $0 | $0 | $0 | $0 | $0 | |
| Cost of revenue | $0 | $6.11M | $0 | $0 | $0 | $10.7M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross profit | $0 | -$5.78M | $0 | $0 | $0 | -$10.4M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Research & development | $11.5M | $7.08M | $11.3M | $17.9M | $14.9M | $12.9M | $12.9M | $10.5M | $1.25M | $975K | $161K | $197K | |
| Sales & marketing | $0 | $100K | $0 | $0 | $0 | $800K | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $3.33M | $4.84M | $3.53M | $3.37M | $2.94M | $7.45M | $3.01M | $1.82M | $1.92M | -$1.68M | $4.66M | $4.49M | |
| Other operating expenses | $0 | -$6.12M | $0 | $0 | $0 | $13.4M | $0 | $4.53M | $0 | $5.81M | $0 | $0 | |
| Operating expenses | $14.8M | $5.9M | $14.8M | $21.3M | $17.9M | $34.5M | $15.9M | $16.9M | $3.17M | $5.1M | $4.82M | $4.69M | |
| Operating income | -$14.8M | -$11.7M | -$14.8M | -$21.3M | -$17.9M | -$45M | -$15.9M | -$16.9M | -$3.17M | -$5.1M | -$4.82M | -$4.69M | |
| Interest income | $1.08M | $938K | $775K | $865K | $894K | $595K | $437K | $246K | $123K | $110K | $95K | $63K | |
| Interest expense | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $7K | $10K | $1K | $7K | $6K | |
| Other non-operating income (gains on investments, FX ...) | -$554K | $22K | -$1.01M | -$253K | $499K | -$24.1M | -$488K | -$245K | -$75K | -$50.4M | $77.5M | $0 | |
| Total non-operating income | $1.14M | $33K | $1.01M | $1.12M | $387K | $2.78M | $482K | $238K | $65K | $50.4M | -$77.5M | $46.1M | |
| Income before tax | -$13.7M | -$11.6M | -$13.8M | -$20.1M | -$17.5M | -$42.2M | -$15.4M | -$16.6M | -$3.1M | $45.3M | -$82.3M | $41.4M | |
| Income tax | $0 | $7.85M | $0 | $0 | $708K | -$2.1M | $0 | $0 | $202K | $5.05M | -$5.12M | $1.97M | |
| Net income | -$13.7M | -$24.7M | -$13.8M | -$20.1M | -$18.2M | -$40.2M | -$15.4M | -$16.6M | -$3.3M | $40.2M | -$77.2M | $39.4M | |
| EPS (basic) | -$0.51 | -$0.46 | -$0.51 | -$0.51 | -$0.44 | -$0.37 | -$0.37 | -$0.40 | -$0.08 | $0.92 | -$0.46 | $0.21 | |
| EPS (diluted) | -$0.51 | -$0.46 | -$0.51 | -$0.51 | -$0.44 | -$0.37 | -$0.37 | -$0.40 | -$0.08 | $0.92 | -$0.46 | $0.25 | |
| Shares (basic, weighted) | 27M | 27M | 27M | 39.1M | 41.2M | 41.3M | 41.3M | 41.4M | 41.4M | 66.1M | 168M | 176M | |
| Shares (diluted, weighted) | 27M | 27M | 27M | 39.1M | 41.2M | 41.3M | 41.3M | 41.4M | 41.4M | 70.7M | 168M | 176M | |
| Depreciation & amortization | $3K | $4K | $5K | $572K | $669K | $709K | $0 | $0 | $775K | $0 | $0 | $0 | |
| EBITDA | -$14.3M | -$11.7M | -$13.8M | -$20.4M | -$17.7M | -$20.2M | -$15.4M | -$16.6M | -$2.32M | $45.3M | -$82.3M | -$4.69M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $9.68M | $10.1M | $1.5M | $0 | $0 | $0 | $0 | |
| Cost of revenue | $25K | $48K | $49K | $4.56M | $4.93M | $0 | $0 | $427K | $0 | $0 | |
| Gross profit | -$25K | -$48K | -$49K | $5.12M | $5.12M | $1.5M | $0 | -$427K | $0 | $0 | |
| Research & development | $23.3M | $22.5M | $21.1M | $1.13M | $1.43M | $32.2M | $45M | $73.2M | $57.2M | $25.7M | |
| Sales & marketing | $0 | $0 | $0 | $2.98M | $2.44M | $0 | $0 | -$427K | $0 | $0 | |
| General & administrative | $4.23M | $9.85M | $8.92M | $4.46M | $4.58M | $10.8M | $11.8M | $13.8M | $12.8M | $10.9M | |
| Other operating expenses | $0 | $0 | $0 | $34K | $118K | $0 | $0 | $0 | $0 | $0 | |
| Operating expenses | $27.5M | $32.4M | $30M | $8.6M | $8.57M | $42.9M | $56.8M | $86.6M | $70.1M | $36.5M | |
| Operating income | -$27.5M | -$32.4M | -$30.8M | -$3.48M | -$3.45M | -$41.4M | -$56.8M | -$87M | -$70.1M | -$36.5M | |
| Interest income | $2K | $170K | $447K | $313K | $93K | $9K | $925K | $4.03M | $3.13M | $916K | |
| Interest expense | $1.23M | $121K | $19K | $23K | $39K | $41K | $54K | $0 | $0 | $24K | |
| Other non-operating income (gains on investments, FX ...) | -$3.12M | -$2.59M | -$7.65M | $0 | -$9K | -$856K | -$2.37M | -$5.63M | -$3.09M | $0 | |
| Total non-operating income | $1.89M | $2.47M | $7.63M | $30K | $59K | $815K | $2.31M | $5.63M | $3.09M | $46.6M | |
| Income before tax | -$25.6M | -$29.9M | -$23.1M | -$3.45M | -$3.39M | -$40.6M | -$54.4M | -$81.4M | -$67M | $10.1M | |
| Income tax | $0 | -$157K | $20K | $0 | $0 | -$24K | $147K | $0 | $585K | $5.26M | |
| Net income | -$25.6M | -$29.7M | -$23.1M | -$3.45M | -$3.39M | -$40.6M | -$54.6M | -$81.4M | -$67.6M | $4.82M | |
| EPS (basic) | -$27.29 | -$32.45 | -$16.36 | -$14.57 | -$4.64 | -$4.73 | -$4.82 | -$3.98 | -$1.81 | $0.07 | |
| EPS (diluted) | -$27.29 | -$32.35 | -$16.05 | -$14.57 | -$4.64 | -$4.73 | -$4.82 | -$3.98 | -$1.81 | $0.07 | |
| Shares (basic, weighted) | 939K | 916K | 1.41M | 2.26M | 5.93M | 8.58M | 11.3M | 20.4M | 37.6M | 66.1M | |
| Shares (diluted, weighted) | 939K | 919K | 1.44M | 2.26M | 5.93M | 8.58M | 11.3M | 20.4M | 37.6M | 70.7M | |
| Depreciation & amortization | $25K | $48K | $49K | $47K | $34K | $29K | $16K | $15K | $5K | $0 | |
| EBITDA | -$24.4M | -$29.7M | -$23.1M | -$3.43M | -$3.4M | -$40.5M | -$54.4M | -$81.4M | -$67M | -$36.5M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02