Riot Platforms, Inc. (RIOT)

NASDAQ: RIOT · Real-Time Price · USD

22.53

-1.33 (-5.57%)

At close: Jul 24, 2026, 4:00 PM EDT

22.51

-0.02 (-0.09%)

After-hours: Jul 24, 2026, 7:59 PM EDT

Riot Platforms Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	653.27	647.44	376.66	280.68	259.17	213.24
Revenue Growth	42.40%	71.89%	34.20%	8.30%	21.54%	1665.11%
Gross Profit	211.31	245.56	113.9	26.35	65.48	131.15
Operating Income	-888.16	-622.17	153.59	-63.05	-512.7	-29.87
Net Income	-867.29	-663.18	109.4	-49.47	-509.55	-15.44
Earnings Per Share	-2.63	-1.95	0.34	-0.28	-3.65	-0.17
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Bitcoin Mining	545.31	576.28	321	189	156.87	184.42
Engineering	72.94	64.69	38.49	64.3	65.34	4.18
Other Product	-	6.47	17.17	27.38	36.96	24.64
Revenue (Total)	653.27	647.44	376.66	280.68	259.17	213.24

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	205.67	233.52	412.13	597.17	230.33	323.12
Total Debt	877.19	866.76	613.16	22.13	22.25	13.44
Net Cash (Debt)	-671.52	-633.24	-201.04	575.04	208.08	309.68
Net Cash Growth	-	-	-	176.36%	-32.81%	38.63%
Net Cash Per Share	-1.95	-1.86	-0.63	3.29	1.49	3.31

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-633.52	-572.93	-255.05	33.09	0.53	-86.08
Capital Expenditures	-487.11	-574.2	-682.81	-424.1	-152.22	-421.95
Free Cash Flow	-1,121	-1,147	-937.87	-391.02	-151.69	-508.03
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	32.35%	37.93%	30.24%	9.39%	25.26%	61.50%
Operating Margin	-135.96%	-96.10%	40.78%	-22.46%	-197.82%	-14.01%
Pretax Margin	-132.81%	-102.46%	29.24%	-19.44%	-201.14%	-7.12%
Profit Margin	-132.76%	-102.43%	29.05%	-17.63%	-196.61%	-7.24%
FCF Margin	-171.54%	-177.18%	-249.00%	-139.31%	-58.53%	-238.24%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	30.03	-	-	-
Forward PE	-	27.21	27.21	27.21	27.21	12.58
PS Ratio	13.04	7.27	9.35	12.72	2.19	12.23