Riot Platforms, Inc. (RIOT)

Riot Platforms Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	626.04	359.49	253.3	222.21	213.15	11.98
Other Revenue	11.13	17.17	27.38	36.96	0.1	0.1
Revenue	637.16	376.66	280.68	259.17	213.24	12.08
Revenue Growth (YoY)	103.62%	34.20%	8.30%	21.54%	1665.11%	76.70%
Cost of Revenue	385.18	262.76	254.33	193.7	82.09	6.25
Gross Profit	251.99	113.9	26.35	65.48	131.15	5.83
Selling, General & Admin	298.32	266.92	100.35	67.45	87.43	10.25
Other Operating Expenses	-554.94	-457.41	-184.73	117.02	43.97	3.6
Operating Expenses	69.82	21.56	167.97	292.42	157.73	18.34
Operating Income	182.17	92.34	-141.62	-226.95	-26.58	-12.51
Interest Expense	-17.39	-1.99	-2.85	-1.31	-0.3	-
Interest & Investment Income	15.63	27.17	11.08	1.76	-	0.09
Other Non Operating Income (Expenses)	83.22	79.83	78.2	98.7	21.26	6.34
EBT Excluding Unusual Items	263.64	197.35	-55.2	-127.79	-5.62	-6.08
Merger & Restructuring Charges	-2.65	-5.54	-	-0.08	-21.2	-
Impairment of Goodwill	-	-	-	-335.65	-	-
Gain (Loss) on Sale of Investments	-84.06	-69.49	-	-9	12.61	-9.41
Gain (Loss) on Sale of Assets	-15.1	-17.43	-5.34	16.28	-	0.03
Asset Writedown	-15.28	-	-	-55.54	-	-
Other Unusual Items	20.1	2.46	-	-9.53	-0.98	1.36
Pretax Income	167.12	110.15	-54.57	-521.3	-15.18	-14.11
Income Tax Expense	3.12	0.74	-5.09	-11.75	0.25	-
Earnings From Continuing Operations	164	109.4	-49.47	-509.55	-15.44	-14.11
Net Income to Company	164	109.4	-49.47	-509.55	-15.44	-14.11
Minority Interest in Earnings	-	-	-	-	-	-0.01
Net Income	164	109.4	-49.47	-509.55	-15.44	-14.11
Net Income to Common	164	109.4	-49.47	-509.55	-15.44	-14.11
Shares Outstanding (Basic)	333	276	175	139	93	42
Shares Outstanding (Diluted)	414	319	175	139	93	42
Shares Change (YoY)	69.12%	82.22%	25.53%	49.20%	122.63%	114.19%
EPS (Basic)	0.49	0.40	-0.28	-3.65	-0.17	-0.34
EPS (Diluted)	0.40	0.34	-0.28	-3.65	-0.17	-0.34
Free Cash Flow	-992.25	-937.87	-391.02	-342.81	-508.03	-44.08
Free Cash Flow Per Share	-2.40	-2.94	-2.23	-2.46	-5.44	-1.05
Gross Margin	39.55%	30.24%	9.39%	25.26%	61.50%	48.26%
Operating Margin	28.59%	24.52%	-50.46%	-87.57%	-12.46%	-103.55%
Profit Margin	25.74%	29.04%	-17.63%	-196.61%	-7.24%	-116.83%
Free Cash Flow Margin	-155.73%	-249.00%	-139.31%	-132.27%	-238.24%	-364.88%
EBITDA	508.61	304.4	110.73	-119	-0.25	-8.02
EBITDA Margin	79.82%	80.81%	39.45%	-45.91%	-0.12%	-66.35%
D&A For EBITDA	326.44	212.05	252.35	107.95	26.32	4.49
EBIT	182.17	92.34	-141.62	-226.95	-26.58	-12.51
EBIT Margin	28.59%	24.52%	-50.46%	-87.57%	-12.46%	-103.55%
Effective Tax Rate	1.87%	0.68%	-	-	-	-
Revenue as Reported	637.16	376.66	280.68	259.17	213.24	12.08

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q