Riot Platforms, Inc.

Riot Platforms, Inc.

RIOTยทNASDAQ

$27.65

-2.1%
Financial ServicesFinancial - Capital Markets

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

At a Glance

Live Snapshot
Market Cap$10.46B
EPS-1.9500
P/E Ratio-14.18
Earnings Date07/30/2026
3Y+150.0%
5Y+5259.0%
10Y+610026.0%
3Y+30.0%
5Y+4599.0%
10Y+15421.0%
3Y-108200.0%
5Y+5040.0%
10Y+10280.0%
Riot Platforms, Inc.

Riot Platforms, Inc. Profit Bridge

RIOT ยท NASDAQ
Revenue647.43M
Cost of Goods Sold (748.69M)
Gross Profit-101.25M
Operating Expenses (298.78M)
Operating Income-400.03M
Interest Expense (24.14M)
Other Income/Expense-263.30M
Pretax Income-663.33M
Income Tax (-150.00K)
Net Income-663.18M
Net Income
-663.18M

Profitability Analysis

Gross Margin

-15.6%

Negative gross margin indicates the company is losing money on each saleโ€”unsustainable long-term.

Operating Margin

-61.8%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-102.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Riot Platforms, Inc. Income Statement

RIOT โ€ข NASDAQ

Riot Platforms, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
647.4M
376.7M
280.7M
259.2M
213.2M
12.1M
6.8M
7.8M
269.7K
106.1K
198.1K
262.7K
140.7K
62.1K
281.6K
438.6K
290.9K
869.4K
848.9K
1.1M
GROSS PROFIT
(748.7M)
(262.8M)
(254.3M)
(193.7M)
(82.1M)
(6.3M)
(6.1M)
(5.8M)
(25.2K)
(3.1K)
(30.6K)
(71.5K)
(21.2K)
(592.0)
(16.3K)
(358.1K)
(710.2K)
(287.7K)
(615.6K)
(756.7K)
-101.3M
113.9M
26.3M
65.5M
131.2M
5.8M
740K
2M
244.5K
103.1K
167.5K
191.2K
119.5K
61.5K
265.3K
80.5K
-419.3K
581.7K
233.3K
383.5K
OPERATING INCOME
(298.8M)
-39.7M
(89.4M)
(578.2M)
(161M)
(21.4M)
(10.2M)
(61.4M)
(13.4M)
(6.4M)
(8.9M)
(10.6M)
(12.2M)
(9M)
(11.2M)
(13.5M)
(15.1M)
(10.8M)
(6.7M)
(3.3M)
(298.5M)
(266.9M)
(100.3M)
(67.5M)
(87.4M)
(10.3M)
(9.2M)
(20.9M)
(7.3M)
(5.6M)
(6.8M)
(6.6M)
(5.5M)
(5.2M)
(5.6M)
(7.4M)
(6.6M)
(4.4M)
(4M)
(2M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(20K)
(862.8K)
(2.2M)
(4M)
(6.7M)
(3.8M)
(5.7M)
(6.1M)
(8.7M)
(6M)
(2.7M)
(1.4M)
-400M
153.6M
-63M
-512.7M
-29.9M
-15.5M
-9.4M
-59.4M
-13.2M
-6.3M
-8.7M
-10.4M
-12.1M
-9M
-11M
-13.4M
-15.5M
-10.2M
-6.4M
-3M
PRE-TAX INCOME
(24.1M)
(2M)
(0.0)
(1.3M)
(296K)
(0.0)
(122K)
(123K)
(4.8M)
(30.4K)
(99K)
(116.2K)
(96.1K)
(248.6K)
(180.5K)
(132.8K)
(200.1K)
(228.5K)
(241.6K)
(246K)
-10.2M
25.2M
8.2M
454K
-296K
85K
-122K
-123K
-4.7M
96.1K
54.6K
-116.2K
-135.2K
-248.1K
-164.1K
-71.1K
-10.7K
517.5K
210.2K
-157K
(300K)
-306.6M
-11M
(510.7M)
(73.6M)
(11.1M)
(998K)
(40.5M)
(6.1M)
(0.0)
(8.1K)
(34K)
(50.7K)
-1.9K
(0.0)
(0.0)
-213.9K
(294K)
(0.0)
-50K
-263.3M
-43.4M
8.5M
-8.6M
14.7M
1.4M
-11M
-1.6M
-4.9M
2M
-8.9K
-40.1K
-45.5K
-250.6K
762.4K
111.8K
0.0
0.0
0.0
0.0
-663.3M
110.1M
-54.6M
-521.3M
-15.2M
-14.1M
-20.4M
-61M
-18M
-4.3M
-8.8M
-10.4M
-12.1M
-9.2M
-10.2M
-13.3M
-15.5M
-10.2M
-6.4M
-3M
NET INCOME
-150K
(744K)
-5.1M
-11.7M
(254K)
(0.0)
-143K
-699K
-1.6M
(30.4K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-32.4K
-602.7K
-245.2K
(157K)
-663.2M
109.4M
-49.5M
-509.6M
-15.4M
-14.1M
-20M
-58M
-19.8M
-4.3M
-8.8M
-10.4M
-12.1M
-9.2M
-10.2M
-13.3M
-15.5M
-9.6M
-6.2M
-3.1M

SEC Filings

RIOT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 30, 2026
June 09, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

April 01, 2026
March 26, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
8-K

8-K 2026

N/A

January 16, 2026
January 16, 2026
2026
8-K/A

8-K/A 2025 (Amended)

N/A

January 05, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

January 02, 2026
December 31, 2025
2025
Showing 1 to 10 of 545 filings